UK / Ireland
3i continues exit run
Listed private equity group 3i has reported £195m's worth of exits over the last quarter through the sale of Civica and the US listing of Quintiles – but made no new investments.
CMS Cameron McKenna’s Bull joins Norton Rose
Richard Bull, Norton Rose Fullbright
Private equity returns 13.6% for Calpers
US public pension fund Calpers' private equity investments have returned 13.6% in preliminary earnings for the 2012-2013 fiscal year.
UK Watch: Q2 shows signs of recovery
UK rebounds in Q2
Cinven's EnServe sells Inenco to Vitruvian and ICG
Vitruvian Partners and Intermediate Capital Group (ICG) have acquired energy and utility outsourcing business Inenco Group from Cinven-backed EnServe Group.
MML appoints Baker to UK team
Edward Baker, MML Capital Partners
From US to Europe: an elusive carried interest definition
Carried interest
3i bonuses to spark shareholder revolt
Ahead of 3i’s annual meeting on Thursday, shareholder lobby group PIRC is urging stakeholders to vote against the listed firm’s executive bonuses.
Isis invests £18m in YSC buyout
Isis Equity Partners has invested £18m in the £38m MBO of YSC, a global business psychology firm.
Foresight backs Aerospace Tooling BIMBO
Foresight has invested £3.5m in the buy-in management buyout (BIMBO) of Scottish precision engineering company Aerospace Tooling.
Panoramic backs Captify Media
Panoramic Growth Equity has injected £1.2m into digital marketing company Captify Media in exchange for a minority stake.
BGF invests £10m in York Mailing
The Business Growth Fund (BGF) has invested £10m in UK printing business York Mailing, a producer of retail flyers, media inserts and catalogues.
LDC's TD Travel acquires booking agent Hotelscene
TD Travel, supported by private equity house LDC, has bought Hotelscene, an independent corporate travel and hotel agency.
Law firm RPC hires Ahark
Sukh Ahark, RPC
Evercore establishes PCA business
Evercore Partners is establishing a private capital advisory (PCA) business to expand its global investment banking platform.
Metric acquires Danish lingerie chain
Metric Capital Partners (MCP) has bought a qualified minority stake in Copenhagen-based retail firm Change of Scandinavia, in a deal that values the business at around €70m.
NVM backs Buoyant MBO
NVM Private Equity has supported the management buyout of British upholstering manufacturer Buoyant Holding with a £7m equity ticket.
Palatine closes second fund on £150m
Manchester-based Palatine Private Equity has held a final close for its second fund on its £150m hard-cap.
Carey Olsen appoints two partners
David Crosland, Carey Olsen
Lloyds' Rablen joins Investec
Paul Rablen, Investec
Casual dining; the proof is in the branding
Casual dining
August invests in Minerva Education
August Equity has invested in Minerva Education, the parent company of Eaton Square School Group (ESS) and Ravenstone School.
PineBridge appoints managing director
Paul Osborne, PineBridge