Southern Europe
Next move?
Upheaval in the markets and the streamlining of operations has resulted in an increased number of qualified professionals looking to join the ranks of private equity. But this doesn't necessarily make it easier for prospective employers
Summer is here ..
But I would not bank on images of pleasant holidays by the seaside. In Italy, 21 banks have been put under review for possible downgrades, including Banca MPS, Banca Popolare di Milano and Banca Sella Holding. Intesa's long-term and short-term ratings...
EUROPE - Cinven’s Hall steps down
Buyout giant Cinven has elected Hugh Langmuir to managing partner, replacing Robin Hall, a veteran of the firm who will take on the role of executive chairman.
UK/GERMANY - WHEB Ventures reaches £90m third close
WHEB Ventures has achieved a third closing of its second clean technology fund, WHEB Ventures Private Equity 2 LP, at £90m (EUR 105m).
ITALY - IDeA acquires 65% stake in Soprarno
IDeA Alternative Invesments, backed by the De Agostino Group and Investitori Associati, has acquired a 65% stake of retail fund manager Soprarno Sgr.
EUROPE - AXA PE signs UN responsible investment principles
French mid-market buyout house AXA Private Equity has signed the Principles for Responsible Investment (PRI) initiative, issued by the United Nations.
ITALY - Apax and Cinven interested in Kedrion
Reports suggest that Apax Partners and Cinven are among the private equity firms interested in taking over the 40% stake in pharmaceutical business Kedrion held by Investitori Associati.