UK / Ireland
unquote" 1 June 2010
The AIFM Directive has certainly been some time in the works, although not nearly as long as the time required for other, less significant regulations to reach this stage.
Future Capital hires Alan Cross
Future Capital Partners has hired Alan Cross as business development manager, to focus on the marketing of its recently launched investment initiative, Future Fuels.
Epi-V hires Dominic McCann as oil and gas advisor
Epi-V has bolstered its oil and gas deal-making team with the appointment of Dominic McCann as an independent technology advisor.
Capital gains tax: Carried interest under threat
Carried interest is, once again, under threat in the UK, as the new coalition government looks to hike capital gains tax (CGT). The tax has been a focal point in recent years for British politicians, but many are warning the Conservative-Liberal Democrat...
AGF injects €12m in online poker company
AGF Private Equity has invested €12m in online-gaming company Winamax Holdings.
NorthStar leads £1.6m round in Reinnervate
NorthStar Equity Investors has led an investment round of over £1.6m in biotech start-up Reinnervate Limited.
Ventech invests €10m in Funxional Therapeutics
French private equity firm Ventech entered the series-B financing round as a new investor, alongside existing backers Index Ventures and Novo A/S.
Warburg Pincus drops out of RBS WorldPay sale
Warburg Pincus has reportedly dropped out of bidding to buy Royal Bank of Scotland’s (RBS) WorldPay division.
Adrian Beecroft joins Dawn Capital as Chairman
Adrian Beecroft has been appointed chairman of London-based venture capital firm, Dawn Capital.
Amadeus, Eden and Spark sell Secerno to Oracle
Amadeus Capital Partners, Eden Ventures and Spark Ventures have agreed to sell Secerno, an Oxford-based data security business, to Oracle Corporation for an undisclosed sum.
RBS in possible sale of European portfolio
Royal Bank of Scotland (RBS) is discussing a possible sale of its European private equity portfolio to Alpinvest Partners N.V.
LDC supports MBO of UK luggage retailer
LDC has backed the management buyout of UK luggage brand, Antler, for an unknown amount.
MTI Partners invests £250.000 in Arvia Technology
MTI Partners has injected £250.000 in water-treatment specialist Arvia Technology, through the UMIP Premier Fund.
MBO of Barclays Private Equity underway
Reports indicate the long-awaited MBO of Barclays Private Equity, from listed Barclays bank, is on track and will be finalized in the next few months.
Private equity goes postal
Once again, British politicians are considering selling off some, or all, of the country’s state postal service, Royal Mail. Private equity bidders have been linked to past attempts to buy the company, and may yet swoop on the opportunity. Despite...
Consortium invests $7.5m in Movidius
Existing shareholders Celtic House Venture Partners, Capital E, Emertec Gestion, AIB Seed Capital Fund and angel investors have invested $7.5m in a series-B round in semiconductor company Movidius.
Scottish Widows adds Narcisa Sehovic to its PE team
Scottish Widows Investment Partnership (SWIP) has hired Narcisa Sehovic as private equity investment manager for the Benelux, Central and Eastern Europe and Italian regions.
PE bidders in the running to acquire Priory Group
A number of private equity groups are believed to be in the running to pick up Royal Bank of Scotland's healthcare operator Priory Group.
Shanks walks away from Carlyle deal
UK waste management company Shanks has reportedly walked away from takeover talks with Carlyle, as the private equity investor failed to table a deal that its board could recommend to shareholders.
Maven Capital hires Gemma Hamilton as Investment Manager
Maven Capital Partners has bolstered its Northern team with the hire of former DLA Piper solicitor, Gemma Hamilton, as investment manager.
Private equity investors back $1.4bn financing of Avolon
Cinven, CVC Capital Partners and Oak Hill Capital Partners have committed $750m to back a $1.4bn financing deal of Irish aircraft leasing company Avolon. The deal is subject to regulatory clearance.