Nordics
EUROPE - Riverside makes European promotions
The Riverside Company has promoted Juan Barnechea to head of its European deal origination team. He will be replacing Karsten Langer who will become a transaction partner for Benelux and France.
FINLAND - CapMan takes 12% stake in listed Affecto
CapMan, through the CapMan Public Market Fund, has increased its stake in OMX Helsinki-listed IT services company Affecto plc.
US/EUROPE - US Fidelty Ventures team forms Volition Capital
The US operations of Fidelity Ventures has spun out into Volition Capital, an independent growth equity firm that invests in founder-owned technology companies.
SWEDEN - Industrifonden exits Envirotainer to AAC
Swedish investor Industrifonden has exited Envirotainer, a supplier of temperature controlled logistics to the pharmaceutical industry, in a secondary buyout to AAC Capital Partners.
EUROPE - 2010: Leverage renaissance
"Good deals this year shouldn't fall through because of lack of financing as there is enough debt around to service the expected volume of transactions," says Lloyds' Ian Sale, who is optimistic about the prospects for leveraged buyouts in 2010.
2010: Leverage renaissance
"Good deals this year shouldn't fall through because of lack of financing as there is enough debt around to service the expected volume of transactions," says Lloyds' Ian Sale, who is optimistic about the prospects for leveraged buyouts in 2010.
82% of GPs convinced dealflow improving
The vast majority of GPs in Europe feel dealflow will improve in 2010, with slightly more than half also more upbeat on the quality of those deals
FINLAND – Sponsor Capital acquires CapMan’s stake in Pretax
Nordic investor CapMan has agreed to sell its 30% stake in Finnish financial services company Pretax to Finnish private equity firm Sponsor Capital.
EUROPE - Helvetia Wealth AG appoints new board member
Asset manager Helvetia Wealth AG has appointed Professor Gerhard Arminger as a member of its board.
Helvetia Wealth AG appoints new board member
Asset manager Helvetia Wealth AG has appointed Professor Gerhard Arminger as a member of its board.
FINLAND - Inventure and Nexit in EUR 3m round for Rightware
Venture investors Inventure and Nexit Ventures have co-led a EUR 3m financing round for software company Rightware.
GLOBAL - First Reserve Corp promotes Deulina to director
Energy-focused investor First Reserve Corporation has promoted Anastasia Deulina to director.
GLOBAL- MVision boosts real estate team with two new hires
Placement agent MVision has appointed Mitchell B Sikora as managing director and Scott P Arden as director to the firm.
GLOBAL - General Atlantic appoints former Visa president as adviser
Global private equity firm General Atlantic has appointed former Visa president Hans Morris as special adviser.
First Reserve Corp promotes Deulina to director
Energy-focused investor First Reserve Corporation has promoted Anastasia Deulina to director.
DENMARK - ViaVenture backs Adform
Danish venture fund Via Venture Partners has invested in online marketing platform provider Adform.
GLOBAL - CD&R holds $5bn final close of eighth fund
US-based private equity firm Clayton, Dubilier & Rice (CD&R) has held a final close on its latest fund, Clayton Dubilier & Rice Fund VIII, on approximately $5bn, $1bn more than its predecessor vehicle which closed in 2006.
EUROPE - Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
Balance of power
Investors are putting a significant amount of pressure on buyout houses, pushing for better terms and in some cases scaling back commitments
From state monopoly to private equity dominance
Rikke Eckhoff reports on the de-monopolising of the Swedish pharmacy sector
Global trends, what comes next?
Presentation by Carsten Valgreen, partner at Benderly Economics
Region of optimism
Things are at long last looking up, according to Rikke Eckhoff, reporting from the SVCA's Nordic Private Equity Congress (NPEC) 2009 in Stockholm
Fair value explained
Fair value is the market price of an asset if you were to sell to today. It was incorporated into the private equity industry by the European trade associations in 2005, to comply with the US GAAP. Yet, for illiquid private equity assets it remains a...