France
In rude health
The is currently something of a buzz around the healthcare sector, but there may not be opportunities for all. By Ashley Wassall
FRANCE - AGF, CEA and Emertec invest $10m into Alchimer
Existing backers AGF Private Equity, CEA Investissement and Emertec Gestion have invested $10m into Alchimer, a provider of wet depositions processes for interconnections in advanced 3d-packagin applications, in a series-D financing round.
EUROPE - Sun Capital loses managing director
Philip Dougall, managing director of Sun Capital Partners Europe, has resigned after six years with the firm.
FRANCE - A Plus invests EUR 1.5m into Systancia
A Plus Finance has invested EUR 1.5m into software company Systancia in a first round of funding.
EUROPE - Marwyn to launch recovery fund on SFM
Investment and advisory group Marwyn intends to launch a UK-based recovery fund on the Specialist Fund Market (SFM) of the London Stock Exchange, The Marwyn Alternative Capital Fund, which will be aimed at businesses suffering depressed valuations as...
FRANCE - Avenir et al. invest EUR 1.2m into Canevaflor
Avenir Entreprises, Apicil Proximité and Calixte Investissement have joined returning investors Crédit Agricole Création, Rhône Alpes Création and Rhône Dauphiné Développement in a EUR 1.2m investment into Canevaflor, a producer of building materials.
FRANCE - BNP PE invests EUR 700,000 into Acropolis Telecom
BNP Private Equity, through its Antin Proximité 1 fund, has invested EUR 700,000 into Acropolis Telecom, a telecoms operator.
GLOBAL - KKR may not float
Reports suggest that private equity firm Kohlberg Kravis Roberts & Co (KKR) is rethinking its plans to float on the NYSE.
GLOBAL - Barclays accepts BlackRock's offer for BGI
Barclays' board of directors has accepted BlackRock's offer to acquire its asset management division Barclays Global Investors (BGI), with the price tag thought to be around $10bn.
FRANCE - AFIC names new chairman
The French private equity and venture capital association (AFIC) has elected Jean-Louis de Bernardy as chairman, replacing Pierre de Fouquet
EUROPE - Cipio holds first close of Fund VI on EUR 61m
Secondary direct player Cipio Partners has held a first closing of Cipio Partners Fund VI on EUR 61m, targeting EUR 200m.
EUROPE - Bridgepoint appoints Stephen Green as partner
Private equity firm Bridgepoint has appointed Stephen Green as partner and head of its European financial services sector team.
GLOBAL - LPs suggest trouble ahead
A quarter of all private equity fund managers will go out of business and a tenth of investors could default on capital calls; industry LPs reveal their sombre side.
Secondaries Salvation
The swathe of money pumping into secondaries will prove a savior, not a bubble. Cash-rich specialists can help teams looking to spin out of distressed parents, as well as borderline LPs pushed over the edge this autumn as GPs call in capital. By Kimberly...
FRANCE - BV and Alven complete EUR 5m MyFab investment
BV Capital has joined returning investor Alven Capital in a EUR 5m funding round for e-commerce platform Myfab.com.
FRANCE - Evolem purchases majority stake in Edé Ruy
Evolem has taken a majority share in Edé Ruy, a producer and distributor of food products to the restaurant sector.
FRANCE - Seventure invests EUR 6m into Polaris
Seventure Partners has invested EUR 6m into Polaris, a producer of nutritional lipids.
FRANCE/GERMANY - PAI set to lose Monier to creditors
PAI partners has seemingly resigned itself to losing control of of troubled roofing business Monier Group (formerly Lafarge Roofing), after the lending consortium led by distressed investors Apollo, TowerBrook Captial and York Capital submitted a counter...
EUROPE - Private equity interest in Thomas Cook
Both private equity and trade buyers are reportedly circling Thomas Cook, Europe's second biggest tour operator, after its majority stakeholder, German retailer Arcandor, filed for insolvency on Tuesday.
FRANCE - Montefiore ups stake in Auto Escape
Montefiore Investment has increased its shareholding in Alternext-listed car rental business Auto Escape to 80%.
EUROPE - Stronger cooperation among European associations
Europe's private equity trade bodies have vowed to work closely together to drive improvements to the proposed Alternative Investment Fund Managers Directive launched by the European Commission in April this year.
FRANCE - Natixis hires new head of debt and financing
Natixis has appointed Jean Cheval as the new head of debt and financing division.
FRANCE - Turenne funds EUR 6.6m Santé/Serf merger
Turenne Capital has provided portfolio company Menix with a EUR 6.6m capital injection to fund the merger between its subsidiary Dedienne Santé, a prosthetics company, and Serf, an orthopedics and dental implants company.