UK / Ireland
TDR buys Lowell Group from Exponent
TDR Capital has acquired Leeds-based debt purchasing specialist Lowell Group from Exponent Private Equity.
Foresight Group expand solar team
Foresight Group has added portfolio director Daniele Tabacco to its solar investment team.
Altitude backs domiciliary care provider
New regional private equity player Altitude Partners has made its debut investment from its first fund, Altitude One LP.
zouk closes latest fund on €230m
zouk Capital has held a final close of its Cleantech Europe II fund, raising a total of €230m.
One in five LPs to cut GP relationships
One in five European LPs expect to cut the number of GPs they invest with over the next two years, according to Coller Capital’s Global Private Equity Barometer.
PwC appoints Nick Atkinson as head of debt advisory
PwC has announced the appointment of Nick Atkinson to head its advisory debt unit.
Montagu to put Maplin sale on hold
Montagu Private Equity is looking to hold on to UK electronics retailer Maplin for another year, according to media reports.
Electra strengthens relationship with Steadfast
Electra Partners has announced two new investments that strengthen the relationship with German investment partner Steadfast Capital GmbH.
PIP in $40m secondaries deal
Pantheon International Participations PLC (PIP), Pantheon’s quoted private equity fund-of-funds investment trust, has committed $40m to buy a portfolio of 25 buyout global funds with more than 400 portfolio companies.
AIFMD – Parallel LP funds and the importance of PR
Susannah Birkwood speaks to HarbourVest's Amanda McCrystal and EVCA's new chairman, Karsten Langer, in Barcelona, about the implications of the AIFMD on the private equity industry.
Kernel Capital backs MPSTOR
The Bank of Ireland Kernel Capital Fund has invested €700,000 in data storage specialist MPSTOR Ltd.
Appleby names new MP
Appleby, an offshore provider of legal, fiduciary and administration services, has appointed David Benest as office managing partner for its Jersey office.
Core Capital announces new LP fund
Core Capital will set up the new £76.2m Core Capital I LP fund with additional funding of £46.8m, to provide six existing companies from its VCTs with fresh growth capital.
ECI acquires Stewart Group
ECI Partners has backed the BIMBO of UK plastic moulded products supplier Stewart Group, valuing the business at £17m.
ENTRIES DUE TOMORROW: unquote” British PE Awards
Send your submission to Kimberly.Romaine@incisivemedia.com by tomorrow for the unquote” British Private Equity Awards 2011.
Clearwater hires three; returns to Covent Garden
Clearwater Corporate Finance has appointed three people to its team, including James Dykes as new deal leader.
Weil poaches Clifford Chance’s fund formation team
Weil Gotshal & Manges has appointed four new partners to create a fund formation group in London.
UK & Ireland unquote" out now
The latest digital edition of UK & Ireland unquote” is out now, featuring all the latest analysis, deals and exits in the region.
UK & Ireland unquote" 13 June 2011
AXA Private Equity has paid $1.7bn for Citigroup’s portfolio of limited partner interests.
Management due diligence: Power to the people
The strength of a management team is roundly considered the single most important factor in determining the success of a private equity deal. So why is management due diligence the process to which most acquirers pay the least amount of attention? Susannah...
VCs reap 3x return on Dexela sale
Albion Ventures and the London Technology Fund (LTF) have sold UK-based medical equipment company Dexela to US healthcare firm PerkinElmer Inc. for an undisclosed amount.
HSBC creates new Head of PE role
HSBC has appointed Simon Jennings as managing director and head of private equity within HSBC Alternative Investments Limited.
Pioneer Point adds three to investment team
Pioneer Point Partners has expanded its London-based team with three new investment professionals: Jens Düing, Edoardo Luciani and Cyril Gautier.