Nordics
Nordic Capital prepares listing of Falck
Nordic Capital is preparing to list Danish emergency and assistance company Falck.
Vantis hires John Bloor as client partner
Vantis has appointed John Bloor as client partner to lead the expansion of its interim management services.
USS acquires $135m interest in NB secondaries fund
The Universities Superannuation Scheme (USS) has acquired a $135m interest in the Neuberger Berman (NB) Secondary Opportunities Fund II from the Lehman Brothers Estate.
Private equity activity subdued despite industry optimism
European private equity remained subdued in early 2010 despite relative optimism over the economy, according to the unquoteт Private Equity Barometer.
Palamon reap 3.7x money on Nordax SBO to Vision Capital
Palamon Capital Partners has sold Nordax Finans AB to European investment firm Vision Capital in a deal valuing the business at тЌ105m.
Uzumeri leaves Ontario Teachers'
Ontario Teachers' Pension Plan is looking for a new head of private equity after Erol Uzumeri announced he is to leave the Toronto-based pension fund manager on 14 May.
Carlyle's Rubenstein confirms industry predictions
Carlyleтs David Rubenstein presented his lessons from 25 years in private equity and offered some thoughts on the future of the asset class to delegates at SVCAтs congress in Stockholm yesterday. His predictions echoed the findings of the Nordic PE/VC...
Procuritas buys Waterjet Entreprenad
Procuritas Capital Investors has acquired Swedish provider of hydro demolition, concrete repair and industrial maintenance services, Waterjet Entreprenad.
AXA buys BoA's $1.9bn private equity secondary interests
AXA Private Equity has acquired Bank of America's(BoA) $1.9bn portfolio of limited partnership interests in private equity funds, as the bank seeks to divest its non-core private equity investments.
OpenGate acquires Kotka Mills
Global private equity investor OpenGate Capital has acquired the Kotka Mill division of Finnish wood and paper products manufacturer Stora Enso, for total consideration of up to тЌ24m in cash and earnouts.
Trend report: Nordic PE/VC in 25 years
To celebrate SVCAтs 25-year anniversary, the SVCA and Nordic unquoteт set out to see what the industry itself expects from the next quarter of a decade.
Recovery fund: releasing the shackles of debt
ICGтs new recovery fund specifically supports companies chained down by over-leverage, rather than loss-making businesses that require a complete turnaround. Francinia Protti-Alvarez investigates
Fees: GPs surrender to LPs
After years of GPs and LPs operating under a standard relationship model, asset managers are beginning to balk under the LP pressure for increased transparency and fee reductions as institutional investors become more aggressive in cutting costs. Gail...
HarbourVest appoints Lund as EMEA head of sales
HarbourVest Partners has appointed Simon Lund as head of sales and marketing for Europe, the Middle East and Africa.
Neuberger Berman to launch distressed debt fund
Private Equity investor Neuberger Berman, plans to launch NB Distressed Debt Investment, a fund targeting asset-backed senior debt.
Reiten & Co divests Factor to Pareto
Norwegian buyout house Reiten & Co has exited Factor Insurance Group through a trade sale to financial services company Pareto.
CLO market thaws
The primary collateralised loan obligation (CLO) market seems to be spluttering back to life, following significant activity in recent weeks. But questions still remain as to whether the economics are in place to support a full-blown recovery. Gail Mwamba...
Inventure et al exit Proxeon to Thermo Fisher Scientific
Inventure Capital, Vecata and VУІkstfonden have divested their stake in scientific instrument maker Proxeon A/S to US trade buyer Thermo Fisher Scientific Inc. The terms of the deal were not disclosed.
Investinor invests NOK 50m in Ziebel
Investinor has led a NOK 71m investment round in oil service company Ziebel AS, contributing NOK 50m.
Fundraising: Unlocking LP appetite
Fundraising in the current environment can feel like facing a series of closed doors, but there are ways of unlocking LP commitments. Julian Longhurst reports
Managing value: back to basics
2009 and 2010 have been all about getting back to basics hands-on operational support. A big part of this is about having the best management for the job. Francinia Protti-Alvarez reports.
Blackstone concedes to lower LP fees
Blackstone Group is set to give a higher than traditional percentage of its transaction fees back to its investors, according to reports.
Procuritas acquires Gram Equipment AS
Procuritas Capital Investors (PCI) has acquired Danish-based supplier of advanced ice cream machines, Gram Equipment, for an undisclosed sum.
Investinor in NOK 54m round for Nordic Seafarms
Norwegian government-backed venture fund Investinor has alongside other investors backed Nordic Seafarms with NOK 54m.