France
Allocation concerns dominant among LPs
A new report shows that the declining value of liquid assets and continuing dearth of divestment opportunities is resulting in increasing liquidity worries amongst limited partners. By Ashley Wassall
Kick off 2009
With deal flow having been effectively reduced to a slow trickle by the end of 2008, it's 2009's turn to stutter it into life. CDC Capital Investissement (CDC CI) signed off on the first and only LBO of the year so far with the purchase of a majority...
EUROPE - McCreevy remains vague about PE regulation
According to reports, EU Internal Market Commissioner Charlie McCreevy still has reservations about regulating private equity firms, despite heavy pressure from MEPs and earlier promises made by European Commission President JosУЉ Manuel Barroso.
FRANCE - AGF leads EUR 6.5m investment into 24h00.fr
Returning investor AGF Private Equity has invested EUR 3.5m as part of a EUR 6.5m second round of funding for online retailer 24h00.fr, alongside Seventure Partners.
EUROPE - Yea leaves 3i; Queen takes the reins
Philip Yea is to step down from his position as CEO of 3i with immediate effect, to be replaced by Michael Queen, formerly finance director of the group.
FRANCE - Two 3i partners walk out
Jéôme Girszyn and Laurent Savinelli, two partners in 3i's Paris office, have left the investment house.
FRANCE - Balderton leads $12m Talend funding
Balderton Capital has provided $9m as part of a $12m third round of financing for Talend, an open-source software developer, with returning investor AGF Private Equity supplying the balance.
Back to the future
As the private equity market waived a welcome goodbye to a difficult 2008, unquote" spoke to five industry professionals to get their views on what could be in store in the coming year; in terms of dealflow, fundraising, debt availability and the increasing...
Some sunny day...
Following a near barren second half of 2008, which saw an almost complete drying up of debt financing amidst a collapse in the global banking sector, buyout houses will now be looking optimistically to the year ahead. However, it may be some time before...