Southern Europe
Healthcare buyouts: a tonic for the market
Defensive sector or not, buyout activity in the healthcare area was as depressed as elsewhere during 2009. But things are looking up and a spate of deal completions and possible exits in the first few months of 2010 are providing a welcome tonic for a...
Sun Capital acquires Famosa
US-based Sun Capital Partners has wholly acquired toy store Famosa from Vista Capital. Completion of the deal is subject to regulatory approval.
Primary Capital promotes Alec Parkinson to assistant director
Primary Capital has promoted Alec Parkinson to the position of assistant director, and has also expanded the team with the hire of Oliver Melliss, as associate.
NB's debt fund to raise $150m in LSE float
Neuberger Berman has set out plans to float its NB Distressed Debt Investment Fund on the London stock Exchange's Specialist Fund Market in a bid to raise over $150m for investments in distressed debt.
GMT hires TMT specialist from Cinven
GMT Communications Partners has announced the appointment of Stefan Franssen as partner.
Advent appoints operating partner for business services
Advent International has appointed Kevin Beeston to its operating partner programme.
Law firms Hogan and Lovells merge
Law firms Hogan & Hartson and Lovells have merged to become Hogan Lovells.
Carlyle buys Stanfield's $4.2bn CLOs
Carlyle has announced plans to purchase $4.2bn worth of collateralised loan obligations (CLO) from Stanfield Capital Partners, as part of a $5.1 credit portfolio purchase.
JP Morgan to buy Schroders PE services business
JP Morgan has signed an agreement to purchase Schroders' private equity administration business, as part of the build up of its JPM Worldwide Securities Services (WSS) unit.
Southern Europe unquote" May 2010
Figures from the recently published unquote” Private Equity Barometer, produced in collaboration with Candover, indicate that there was good news in the form of an increase in the aggregated value total, though the modest 2.6% rise from €10.3bn to €10.5bn...
From recession to concession
With 2009 going down as one of the worst private equity years in history, investors looked on to 2010 knowing things could only get better – and so they have.
AIFM: EVCA vows to fight on after 'disappointing' JURI vote
The European Venture Capital Association (EVCA) has vowed to fight on against the Alternative Investment Fund Managers (AIFM) Directive, which could prove disastrous for venture investors.
Cinven and BC backed Amadeus floats; raises €1.33bn
BC Partners and Cinven backed travel reservation specialist Amadeus has listed simultaneously in the Madrid, Barcelona, Bilbao and Valencia stock exchange, raising €1.33bn; making it the largest European IPO since the onset of the financial crisis.
KKR acquires 49.9% stake in Inaer
Kohlberg Kravis Roberts & Co (KKR) has acquired a 49.9% stake in Inaer, a mission-critical onshore helicopter services.
Blackstone's GSO managers buy CLO shares
The managers of Blackstone's credit business, GSO Capital Partners, have reportedly launched a $1m offer for shares in GSO's loan obligation (CLO) fund, Carador.
Alix appoints Albert Stein as MD
Alix Partners has bolstered its restructuring team with the appointment of Albert Stein as managing director.
Amadeus IPO book oversubscribed
A few days prior to its listing in Madrid, travel reservations firm Amadeus, backed by BC Partners and Cinven has closed its books with an oversubscription on €1.36bn.
Private equity to bid for Findus Italy
Market sources indicate BC Partners and PAI Partners are set to look at Unilever’s frozen food division, Findus Italy.
SVG doubts permanent shift in LP/GP relations
With the uncertainty that ensued during the financial crisis, many predictions were made regarding the reduction in the number of GPs and their relations with LPs. While we have seen an evolution on both of these issues, there are doubts over how truly...
August Equity hires Fisher as partner
August Equity has appointed John Fisher as partner, along with two promotions.
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.