UK / Ireland
Bank of Ireland sells 50% of private equity unit
The Bank of Ireland is reportedly selling 50% of fund-of-funds private equity investor, Paul Capital, as it works to raise €3.3bn to meet regulatory solvency requirements.
Neuberger Berman to launch distressed debt fund
Private Equity investor Neuberger Berman, plans to launch NB Distressed Debt Investment, a fund targeting asset-backed senior debt.
Kernel Capital et al. invest in ChipSensors
Kernel Capital has led Enterprise Ireland and London-based ETV Capital in a €2m investment in developer of microchip manufacturer, ChipSensors.
Private Equity investors court clothing retailer Phase Eight
Lloyds Development Capital, Inflexion and Change Capital have held discussions to acquire UK clothing retailer Phase Eight, according to media reports.
CLO market thaws
The primary collateralised loan obligation (CLO) market seems to be spluttering back to life, following significant activity in recent weeks. But questions still remain as to whether the economics are in place to support a full-blown recovery. Gail Mwamba...
Private equity shows interest in Avolon
Press reports today suggest that CVC, Cinven and Oak Hill Capital Partners are poised to take a joint controlling stake in the Irish aircraft leasing business Avolon in a deal worth over $500m.
LDC backs United House expansion
Mid-market firm LDC has backed the expansion of United House, the social and private housing specialist.
Fundraising: Unlocking LP appetite
Fundraising in the current environment can feel like facing a series of closed doors, but there are ways of unlocking LP commitments. Julian Longhurst reports
Duke Street and Partners inject a further £30m into Oasis
Duke Street and Partners Group are backing dental chain Oasis Healthcare development plans. The fresh equity capital and a new acquisition facility will give Oasis access to up to £50m of growth capital to upgrade its existing estate, acquire established...
Balderton backs InterResolve
Balderton Capital has invested an undisclosed sum in independent injury claims company InterResolve.
Balderton et al. in £14m The Hut Group pre-IPO placing
Balderton Capital has participated in a £14m pre-IPO placing of online retailer, The Hut Group .
CMS Cameron McKenna boosts emerging markets team
CMS Cameron McKenna has bolstered its private equity capacity with the appointment of a 7-strong private equity/M&A team, including three partners.
Managing value: back to basics
2009 and 2010 have been all about getting back to basics hands-on operational support. A big part of this is about having the best management for the job. Francinia Protti-Alvarez reports.
Blackstone concedes to lower LP fees
Blackstone Group is set to give a higher than traditional percentage of its transaction fees back to its investors, according to reports.
LDC increases stake in Ascend
LDC has purchased an additional stake in portfolio company Ascend, a provider of aviation information and consultancy services.
Accel bolsters London team
Global venture investor Accel Partners, has appointed Adam Valkin to join the firm’s London office.
HarbourVest to list shares on LSE
HarbourVest Global Private Equity has announced plans to list its shares on the Specialist Fund Market of the London Stock Exchange.
I2BF to raise Global Cleantech growth capital fund
International cleantech asset manager I2BF has launched Venture Fund II, a $100m global renewable energy and cleantech-focused growth capital fund.
Advent appoints consumer goods operational partner
Advent International has named John Sheppard as the newest partner to join the firm’s Operating Partner Program. He will advise on global investment opportunities in the consumer sector, with a particular focus on branded and private label consumer...
Synova appoints new investment director
UK low to mid-market investor, Synova Capital LLP, has appointed Dr Joe Wiley as an investment director and head of healthcare.
ICG closes recovery fund on €843m
London-based alternative asset investor Intermediate Capital Group (ICG), has reached the final closing of its €843m ICG Recovery Fund.
AlixPartners appoints Munro as MD for European advisory unit
AlixPartners has appointed Heike Munro as managing director and co-head of its European Lead Financial Advisory unit.
Clydesdale appoints Trussler as director
Clydesdale Bank has named Stuart Trussler as a new director in its corporate and structured finance unit.
BVCA launches LP advisory unit
The British Private Equity & Venture Capital Association (BVCA) has launched a limited partner advisory unit to focus on enhancing GP-LP relationships.