Southern Europe
EUROPE - EVCA study reveals little improvement in tax and legal environment
The European Private Equity & Venture Capital Association (EVCA) has published its fourth Benchmarking study of European tax and legal environments, with the results revealing that there has been little overall improvement in conditions since the previous...
PORTUGAL - Explorer closes Probos MBO
Explorer has completed the management buyout of packaging company Probos. The transaction was carried out via Explorer II fund.
ITALY - Advanced Capital launches real estate fund
Advanced Capital has received the green light from Bankitalia for the launch of its EUR 300m AC Real Estate fund, the first in Italy. The fund is reported to have a eight year life span and will seek an annual return rate of 15%.
SPAIN - Talde looking to sell Oscainox
According to rumours, Grupo Talde has entered negotiations regarding the sale of industrial group Oscainox to a strategic player.
ITALY - Zenit appoints two
Zenit Sgr has appointed Alessandro Solina and Luca Mori as portfolio manager and equity manager respectively. Both jointhe firm from Capitalia Asset Management.
ITALY - BS Private Equity could sell Arena
Market rumour suggests that BS Private Equity could sell portfolio sportswear company Arena to German sector giant Adidas.
ITALY – MPS backs EUR 6m PharmEste funding
MPS Venture and Mitsubichi Tanabe Group, via its MPH Healthcare fund, have subscribed to a EUR 6m financing round for biotechnology firm PharmaEste, alongside existing investors Z-Cube and Quantica.
GLOBAL - Nextech Venture holds final close on USD 65m
Switzerland-based Nextech Venture has held a fourth and final close of its oncology-focused fund on USD 65m.
Adaptive selectiveness
The echoes of the credit crunch are still reverberating and its whispers are reaching ears of the mid-market. With varying degrees of agreement, advisers remain optimistic about opportunities on both the sell- and buy-side. They are adapting their selection...
Laws of causality
What a return from the summer this has been! Curiously enough, experts now say they saw the current global financial crisis coming. If indeed their observations are not the products of hindsight, then the next logical thing to ask is how did it happen...