UK / Ireland
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on €420m.
Houlihan Lokey appoints new London MD
International investment bank Houlihan Lokey has followed a series of senior hires across its global network with the appointment of David Sola as managing director in the group's London M&A team.
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
UK & Ireland unquote” 1 November 2010
European Parliament negotiators last week agreed on the final text of the Alternative Investment Fund Managers (AIFM) Directive, bringing 18 months of discussion to an end.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
Morgan Stanley PE and Investcorp in race for Wagamama
Morgan Stanley Private Equity and Investcorp are among the final private equity bidders for Lion Capital-owned restaurant chain Wagamama, according to reports.
Kernel Capital and IIU inject €2m in Decawave
Kernel Capital and International Investment & Underwriting (IIU) have invested €2m in Irish semiconductor company Decawave.
Heritage Group hires Susan Clark
Heritage International Fund managers (HIFM), the fund administration arm of the Heritage Group, has appointed Susan Clark as head of fund administration.
Darwin backs MBO of Euroffice
Darwin Private Equity has backed the MBO of online office supplier Euroffice Ltd.
GE Capital appoints European equipment financing head
GE Capital has appointed Elmar Lukas as managing director, equipment financing for the EMEA region.
GMT Industry Council has a new member
Bernard Gray has joined the GMT Industry Council, a network of media industry experts advising on private equity investments.
Sovereign Capital funds fifth add-on for NFA Partnerships
Buy-and-build specialist Sovereign Capital has committed new equity to fund a fifth add-on acquisition for its portfolio firm National Fostering Agency Partnerships (NFAP).
Investec Growth & Acquisition Finance boosts originations team
Investec Growth & Acquisition Finance, part of Investec Specialist Private Bank, has hired Tristan Nagler.
Just like old times?
The latest unquote” Private Equity Barometer had some startling figures in stock. A whopping €21.4bn worth of buyouts were recorded in the third quarter this year – almost double the €11.3bn seen in Q2 and by far the highest figure since the €21.6bn...
Baird Capital Partners acquires Nigel Wright Group
Baird Capital Partners Europe has acquired UK-based recruitment services provider Nigel Wright Group (NWG), for an estimated £15m.
Bridgepoint acquires Lumison
Bridgepoint Development Capital has acquired a majority stake in IT service provider Lumison.
3i mulls sale of Fairlane
3i may be looking to sell boat manufacturer Fairlane, which it failed to offload two years ago, according to reports.
PE conquers Marathon of Marathons
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route.
Target Corporate Finance hires senior analyst
Adviser Target Corporate Finance has appointed Alastair Halcrow as senior analyst in its research department.
Private equity firms invest €10.5m in Cappella
Polytechnos Partners, ACT Venture Capital, Fountain Healthcare Partners and Mitsui & Co Venture Partners have invested €10.5m in medical device company Cappella.
Apax set to steam ahead with HIT Entertainment sale
Strong gains in China and the US, as well as significant interest from mainly US trade buyers, have prompted Apax Partners to commission a strategic review of HIT Entertainment with a view to a potential €1bn+ sale, according to press reports.
Intel Capital invests in Nymgo
Intel Capital has backed UK- and Lebanon-based Internet VOIP company Nymgo with growth capital funding.
Fundraising: The importance of the placement agent
In such tough fundraising conditions, the role of the placement agent has become increasingly important. Emanuel Eftimiu talks to HarbourVest’s George Anson and Mounir Guen of MVision about the current fundraising market and what LPs expect in this...
Exponent looks to cash in on interest for Cardsave
A number of unsolicited approaches for credit card terminal supplier Cardsave have prompted its majority shareholder, Exponent Private Equity, to appoint corporate financiers to sell the business, reports suggest.