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UK / Ireland

People moves and promotions
GLP Capital Partners taps Kirkland & Ellis PE partner

Michael Steele to join investment manager in secondment likely to lead to permanent role, sources say

  • People
  • 03 January 2023
Net zero and carbon neutral concept
General Atlantic holds USD 2.6bn final close for debut climate fund

BeyondNetZero strategy has USD 3.5bn to deploy in total with additional firepower from the GP

  • Venture
  • 21 December 2022
The Unquote Podcast
Unquote Private Equity Podcast: 2023 - New year, new market?

Unquote and Mergermarket’s private equity reporting team discuss the past 12 months and what lies ahead next year

  • Industry
  • 19 December 2022
The scales of justice
Inflexion mulls sale of Chambers & Partners

GP has appointed Harris Williams to gauge interest in the UK-based legal rankings provider

  • Exits
  • 19 December 2022
Jessica Clavette of Equistone
Equistone makes three ESG manager hires

London, Paris and Munich appointments will assist with ESG in the investment and portfolio management processes

  • GPs
  • 16 December 2022
Banks and financial institutions
Alcentra takes keys to three PE-backed companies this year

Under Benefit Street Partners' ownership the alternative lender took over Lifetime, Optionis and Equiom

  • Refinancing
  • 16 December 2022
Business courses and employee training services
RJD Partners sells Babington to Unigestion

Acquisition of the UK apprenticeship provider marks the last deal from Unigestion Direct II

  • Exits
  • 16 December 2022
European private equity buyout activity 2018-2022 YTD
Private Equity Trendspotter: Sponsors look for sure footing as market slowdown signals change in deals landscape

Aggregate buyout volume brings 2022 just 6% above pre-pandemic dealmaking, with a significant sentiment shift in H2 2022

  • Investments
  • 16 December 2022
Final closes of private equity funds in euros
Munich Private Equity closes Fund IV on EUR 392m

Fund-of-funds investor will split deployment evenly between Europe and North America

  • Fund-of-funds
  • 15 December 2022
Clearwater Multiples Heatmap Q3 2022
Clearwater Multiples Heatmap: Valuations ease as PE deals slow down

After a record quarter, Q3 2022 sees sponsor transactions fall sharply amid challenging macro environment

  • Investments
  • 15 December 2022
Laurent-David Charbit of Tikehau Capital
Tikehau taps Unilever VP to lead regenerative agricultural practice

Laurent-David Charbit will co-head the strategy investing recently launched EUR 1bn fund

  • People
  • 14 December 2022
Bolt-ons and buy-and-build platforms
The Bolt-Ons Digest – 14 December 2022

Unquote’s selection of the latest add-ons, including CVC's Stark Group, Bridgepoint's Kereis, EQT's Open Systems, and more

  • Expansion
  • 14 December 2022
Online betting platform
Kester to reap 4.8x return in Vixio exit to Perwyn

Sale of regulatory intelligence provider marks the first divestment from the GP’s second fund

  • Exits
  • 13 December 2022
Secondaries funds prices trading lower on wider discounts
Large LPs among most concerned about denominator effect – Coller Capital

As the stock market slump slows down their PE commitments, LPs are set to increase use of the secondaries market to balance allocations

  • Secondaries
  • 12 December 2022
Asset management consultants
ICG plots sale of hedge fund data platform With Intelligence

Formal auction penciled for 2023; Houlihan Lokey among frontrunners for sale mandate

  • Exits
  • 12 December 2022
Christophe de Dardel of Unigestion
Unigestion’s de Dardel to succeed Frick as CEO

Head of private equity Christophe de Dardel takes up the role after 22 years with the Swiss asset manager

  • GPs
  • 08 December 2022
Pounds sterling
Aliter raises GBP 134m for new UK support services fund

Fund II backed by US and European institutions with GBP 10m-GBP 30m in commitments each

  • Buyout
  • 08 December 2022
Fund launches in euros
Cavalry Ventures holds EUR 100m first close for third fund

Seed and early-stage fund has a EUR 160m target and plans to back 30-35 software startups

  • Venture
  • 07 December 2022
B2B software companies
One Peak closes new fund on USD 1bn hard cap

Tech GP’s third vehicle will back fast-growing B2B software companies in Europe and Israel

  • Venture
  • 07 December 2022
Catheters and associated medical devices
KKR buys Clinisupplies to build chronic care medical devices platform

GP installs former Atos CEO as chairman; deal is partial exit for Apax Partners' India-based Healthium

  • UK / Ireland
  • 06 December 2022
Closes of funds in euros
AlbaCore Capital Group holds EUR 2.2bn final close for third flagship fund

Fund’s recent focus has been senior secured deals for companies seeking financing amid a tough credit market

  • Credit/Special Situations
  • 05 December 2022
Cybersecurity software
Livingbridge preps Adarma for 2023 sale process

DC Advisory will conduct the auction of the Edinburgh-based IT security consulting provider

  • Exits
  • 05 December 2022
Computer training and IT education
CVC weighs strategic options for IT training provider QA

GP in informal discussions around exit or sale of parts of the UK-based company

  • Exits
  • 02 December 2022
Fundraising in US dollars
Adams Street raises USD 1.1bn for 2022 Global Fund Program

Latest co-mingled vehicle is around a third larger than previous two programmes in the series

  • Fund-of-funds
  • 30 November 2022
10 11 12
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