Southern Europe
Warburg Pincus and General Atlantic acquire 50% of SAM
Warburg Pincus and General Atlantic have taken a 50% stake in Santander Asset Management for €700m.
Metastudy: Private equity drives innovation and growth
A new secondary research report has found that private equity investing leads to increased foreign investment and improvements in innovation.
Nazca buys Agromillora
Nazca Capital has acquired Spanish plant propagation firm Agromillora.
EU postpones Solvency II rules on pensions
The European Commission has postponed a bid to apply Solvency II style rules to pension funds as part of the revised IORP Directive.
Vertis to launch €60m fund
Italian venture capital firm Vertis is to launch a new fund in June 2013.
Baring Private Equity Partners backs Grupotec
Spanish investor Baring Private Equity Partners is believed to have injected fresh capital into Valencian engineering firm Grupotec.
Charterhouse enters Italian market, buys Doc Generici
Charterhouse Capital Partners has wholly acquired Italian pharmaceutical firm Doc Generici, marking the GP’s first transaction in the Italian market, according to reports.
Sofina leads €25m round for Privalia
Belgian investor Sofina has led a €25m funding round for Spanish clothing sales club Privalia Venta Directa.
Q&A: Alberto Forchielli, Mandarin Capital Partners
Founding partner Alberto Forchielli speaks to Amy King about expectations for the firm's current fundraise, why Germany is the only option left for Chinese industrial investment and Chinese GPs’ lack of international presence.
Caixa Capital Risc leads €1.1m round for iMicroQ
Caixa Capital Risc has led a €1.1m funding round for Spanish biotech firm iMicroQ.
A vintage year for the secondaries market
Secondaries
Partners Group and Perennius integrate Italian activity
Partners Group and Perennius Capital Partners have announced the integration of their investment and client services activity in Italy.
Progressio appoints non-executive president ahead of fundraising
Italian private equity firm Progressio has appointed Luciano Balbo as non-executive president.
Darby exits Sirma to Danone
Darby Private Equity is set to sell its holding in Sirma, a Turkish bottled water and beverages manufacturer.
Vertis buys minority stake in Arav
Italian VC investor Vertis has agreed to commit €9m to Naples-based clothing producer Arav in exchange for a minority stake.
Kurma leads €17m series-B round for Stat Diagnostica
Kurma Life Sciences Partners has led a €17m series-B round for Spanish medical diagnostics company Stat Diagnostica.
Southern Europe unquote” May 2013
Italian businesses are struggling. In the first quarter of the year, 4,218 Italian firms went bankrupt according to financial newspaper Il Sole 24 Ore; a 13% increase on the same period in 2012.
KKR provides debt financing to Spain’s Uralita
KKR Asset Management, KKR‘s sub-investment grade manager, has provided a €320m seven-year facility to Spanish building materials firm Uralita.
Italian merchant bank begins direct PE investment
Italian turnaround
Inveready enjoys 50% IRR on 3Scale partial exit
Spanish investor Inveready has partially exited 3Scale, a technology solutions provider, following a $4.2m capital injection into the firm from US investors.
Apax nears closing on Rhiag deal
Apax Partners is set to close the acquisition of Italian auto parts distributor Rhiag from French GP Alpha Associés Conseil, according to reports.
Nauta leads €1.6m round for Marfeel
Nauta Capital has led a €1.6m round for Marfeel, a solutions provider to the web publishing industry.
Mittel and Roland Berger launch Italian turnaround initiative
Italian investor Mittel Management has announced the launch of a vehicle seeking turnaround opportunities in Italy, in partnership with Roland Berger Strategy Consultants.