France
US/EUROPE - Houlihan Lokey re-hires Justin Abelow
International investment bank Houlihan Lokey has re-hired Justin Abelow to resume his role as managing director of the financial sponsors coverage group.
FRANCE - UI Gestion holds first close of MI 5 on EUR 50m.
UI Gestion has held a EUR 50m first close of its new FCPR fund MI 5.
FRANCE - 123Venture hires Sarah Doyle as director
123Venture has recruited Sarah Doyle as director and head of institutional investor relations.
FRANCE - EdRIP backs Barrault OBO
Edmond de Rothschild Investment Partners (EdRIP) has invested EUR 1m to support the owner-buyout of industrials company Barrault Recherche.
EUROPE - SEP appoints general counsel
Venture capital firm SEP has hired Andrew Buchan as general counsel.
EUROPE - 3i sells venture portfolio for less than half value
London-based private equity firm 3i has reportedly sold its venture portfolio to an unnamed bidder for around £100m, a substantial discount to the approximate £250m book value.
EUROPE - Platina launches new asset management company
London-based Platina Partners, a private equity fund manager specialising in renewable energy and buyouts in turnaround situations, has launched a new asset management company, Engineering Renewables Ltd (ERL).
EUROPE - Barclays boosts European mergers advisory business
Barclays plans to hire as many as 65 bankers for its European mergers advisory business in an attempt to become one of the top three global securities firms.
FRANCE - Octant Partenaires strengthens team
Octant Partenaires has recruited Benjamin Brochet as an associate.
UK/SWITZERLAND/SWEDEN – KKR’s Alliance Boots circles Swedish pharmacies
KKR portfolio company Alliance Boots is reported to be interested in acquiring a portfolio of pharmacies being sold by Apoteket, which is owned by the Swedish state.
EUROPE - Perella hires partner in advisory group
US-headquarted Perella Weinberg Partners has hired Stefan Jentzsch as a partner in its advisory group. He will be based in the firms London office.
EUROPE - Max Planck Innovation and LSP launch DDC Ventures
Max Planck Innovation GmbH, the technology transfer arm of Germany's Max Planck Society, has teamed up with Life Sciences Partners ( LSP) to launch DDC Ventures, a EUR 100m venture fund.
GLOBAL - SVG Capital makes two executive hires
Listed fund-of-funds SVG Capital has appointed Lynn Fordham as CEO of the company and Tony Dalwood as CEO of SVG Advisers.