Southern Europe
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
Cognetas buys Arcaplanet from Credem
Cognetus has purchased Arcaplanet from Credem Private Equity in a deal which represents the private equity firm’s first investment for more than two years.
Suanfarma launches €30m biotech fund
Specialist investor Suanfarma is to launch its second private equity fund, which will target companies working within the biotechnology sector in Spain.
Caja Navarra invests in Nanobiomatters
The private equity arm of Corporación Caja Navarra has acquired a 17% stake in Nanobiomatters, a material science company specialising in nanoclay-based additives.
Just like old times?
The latest unquote” Private Equity Barometer had some startling figures in stock. A whopping €21.4bn worth of buyouts were recorded in the third quarter this year – almost double the €11.3bn seen in Q2 and by far the highest figure since the €21.6bn...
PE conquers Marathon of Marathons
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route.
AXA PE invests €150m in KOS
AXA Private Equity is to invest €150m in KOS, the health services unit of Compagnie Industriali Riunite (CIR), increasing its stake in the firm to 47%.
Fundraising: The importance of the placement agent
In such tough fundraising conditions, the role of the placement agent has become increasingly important. Emanuel Eftimiu talks to HarbourVest’s George Anson and Mounir Guen of MVision about the current fundraising market and what LPs expect in this...
Spanish VC association appoints new president
Maite Ballester will become president of the Spanish Venture Capital and Private Equity Association (Ascri) until an election for a permanent candidate is held.
Eurazeo portfolio company raises €50m mezz
Eurazeo portfolio company Intercos has raised €50m of mezzanine financing to fund the beauty specialist's business plans from 2010-14.
Corpfin fails in Banco Pastor court action
Corpfin Capital has failed in its bid to sue Spanish bank Banco Pastor for €10m.
Clessidra "offers €280m for Fondiaria unit"
Clessidra has offered Italy’s Fondiaria-SAI €280m for a 90% stake in its life insurance unit Liguria-Sasa.
Fun-raising: PE runners seek €2.5m
GPs including 3i, Apax, Arcus, Bridgepoint, Capvis, Coller, Meridiam and Platina have joined forces to raise €2.5m. LPs Adams Street, Capital Dynamics, Partners Group, Pantheon and Pomona are also taking part, with Campbell Lutyens, Ernst & Young, PEI...
AIFM: The end of a long road
With today’s news that European Parliament negotiators have agreed on the final text of the Alternative Investment Fund Manager’s Directive (AIFM), the private equity industry can look forward to greater certainty about the regulatory environment...
Legislators agree on final text for AIFM
European legislators have finally agreed on the Alternative Investment Fund Manager’s Directive (AIFM).
Mercapital secures majority stake in Panasa
Private equity firm Mercapital has secured a majority stake in bakery business Panaderías Navarras (Panasa).
Sherpa Capital launches €30m distressed fund
Sherpa Capital has launched a €30m fund specifically designed to support companies undergoing distressed situations.
La Caixa and Nauta Capital lead €5m Groupalia round
Caixa Capital Risc - the venture capital division of La Caixa - and Nauta Capital have led a €5m second round of funding for online collective buying website Groupalia.
Mega deals drive Q3 market value to €24bn
The value of the European private equity market soared to almost €24bn in the third quarter, according to the unquote” Private Equity Barometer.
Q3 2010 unquote” Private Equity Barometer
The unquote” Private Equity Barometer, produced in association with Candover Partners, provides in-depth statistics and analysis of the latest trends in European Private Equity.
Widening gulf between the haves and the have-nots
Today’s press coverage of David Rubenstein’s predictions on the future of the global private equity market serves again to highlight the increasing polarisation within the industry. Julian Longhurst reports.
Sepides launches SME fund
Sepides, the venture capital arm of Spain’s Sociedad Estatal de Participaciones Industriales (SEPI), has launched a €15m fund, Enisa Fespyme Sepides.
Going gives cash boost to GIM
Going Investment Gestión has invested in Gestión Integral de Marcas (GIM) in exchange for a minority stake in its cleaning business for hotels, restaurants and cafés.