France

60 seconds - Henri Isnard - ARCIS

Francois Rowell meets the co-founder and managing partner of Anglo-French investor ARCIS, to ask how the credit crunch has affected the secondaries market. ARCIS have just closed their fourth fund on EUR354m

  • GPs
Follow the leader - again

Permira is letting its investors scale back. The move is wise, as it benefits many, and is first to market

  • GPs
FRANCE - 123Venture acquires JP Gruhier

123Venture has completed a secondary management buyout of sofa-bed producer JP Gruhier from the founders and previous investors Ciclad and IDI for an undisclosed sum.

FRANCE - CAPE backs EUR 2m Weole funding

Crédit Agricole Private Equity (CAPE), via its FCPR Capenergie fund, has invested EUR 1m as part of a EUR 2m funding round for Weole Energy, a producer of small- to medium-capacity wind turbines, alongside alternative energy supplier Direct Energie.

EUROPE - IPEV reaffirms commitment to fair value

At a press conference in London this afternoon the International Private Equity & Venture Capital Valuation board (IPEV) emphasised its support of the fair value methodology as the best measure of assessing the value of private equity portfolio companies...

The value of 'fair value'

Private equity firms are facing a difficult and potentially painful year-end accounting process as they adapt to the increasing requirements of fair value reporting, but there could be rewards in store for those that meet the challenge. By Ashley Wassall...

The wheel turns...

With pressure mounting on both GPs and LPs alike as the post-crunch economic decline stagnates the primary market, the cycle seems once more to have turned in favour of secondaries players. Ashley Wassall reports.

How to Pick Winners

Despite the age-old adage that backing sound management is paramount, a new study reveals that people are less important than the product.

Movers and shakers

Despite the current economic turmoil and subsequent downturn in deal activity, several areas of the private equity industry have witnessed a recruitment boom in the last month. Is this a sign of better things to come? Ashley Wassall reports.