Southern Europe
GLOBAL - IPEV publishes updated valuations guidelines
The International Private Equity and Venture Capital Valuation (IPEV) Board published its updated version of the Private Equity Valuations Guidelines today. Significantly, the updated version highlights the importance of consistency with international...
GLOBAL - KPS tops up third fund by USD 800m
Turnaround specialist KPS Capital Partners has increased the size of its Fund III from its original USD 1.2bn to USD 2bn.
ITALY - Foresight strengthens solar team with new hire
Environmental and technology-focused investor Foresight Group has bolstered its solar team with the hire of Diomidis Dorkofikis as investment manager in the firm's Rome office.
GLOBAL - Advent International appoints three new partners
Advent International has hired three operating partners to advise the firm on investment opportunities in the technology and telecoms sector: Richard Atkins, Sergio Giacoletto and John Hughes.
EUROPE - Entertainment Capital Advisers launched
Premila Hoon, former global head of media and entertainment structured finance at Societe Generale, has co-founded Entertainment Capital Advisors (ECA), a specialist media and entertainment strategic and financial advisory firm.
EUROPE/UK - OMERS appoints senior MD from 3i
OMERS Private Equity has appointed 3i's Mark Redman as senior managing director of Europe.
ITALY - CPE invests EUR 10m into Enerqo
Clean tech investor Climate Change Capital Private Equity (CPE) has backed Enerqos Spa with EUR 10m.
ITALY - Alpha et al. to delist EUR 350m Permasteelisa
Pan-European buyout house Alpha Group is among of consortium of bidders seeking to delist construction company Permasteelisa, in a deal that values the business at around EUR 350m.
The Big 3
Rikke Lilla Eckhoff talks to Katharina Lichter, a managing director and head of research at Capital Dynamics, about succession issues, spin-out teams and the bid-ask spread on secondaries
Strange bedfellows
Not so long ago, corporates and private equity firms were arch rivals in many hotly contested auctions. Could the lack of liquidity in today's market, volatility and poor visibility encourage erstwhile contenders to consider joining forces?
Summer reveries
2009 has proven a tough year thus far. Some high-profile deals have collapsed before they could complete, as was the case of Clessidra's acquisition of a 30% stake in Cavalli; or Bain's attempt - which seemed strong - to acquire Safilo. Meanwhile, some...
GLOBAL - Carlyle appoints leveraged finance MD
International investment house Carlyle Group has today announced the appointment of Debra Pedersen as managing director in the firm's New York-based global leveraged finance team, focusing on investor relations and fundraising.