UK / Ireland
Venture Finance appoints business development manager
Invoice and asset based lender Venture Finance has hired Justin Edwards to the position of business development manager.
Pantheon acquired by AMG
Fund-of-funds manager Pantheon Ventures is to be acquired by US-based Affiliated Managers Group (AMG) for $775m.
General Atlantic appoints senior advisor for Europe
General Atlantic (GA) has appointed Mike McTighe as special advisor to the firm in Europe.
YFM participates in £1m round for ProVision
YFM has invested in a £1m round for wireless HDTV company ProVision Communications.
unquote" 8 February 2010
This year started on a high note, with a foursome of buyouts closing January
California mis-places the agents
CalPERS, CalSTERS trickier to access – but for the wrong reasons, reports Kimberly Romaine
Zeus-backed Air Energi acquires Pacifica HR
Zeus Private Equity-backed Air Energi Group, the international recruitment business specialising in the oil and gas industry, has made its first acquisition with the purchase of Pacifica HR, a Papua New Guinea-based HR consultancy.
Next downturn?
The oncoming exit parade could herald an inflexion point - or confirm that another bubble is underway. Kimberly Romaine comments.
PE hunts down bank bargains
Private equity is swooping in on banks' saleable assets in a ‘once-in-a-lifetime opportunity' to create a new banking platform. Deborah Sterescu reports.
Seraphim Capital leads £2m round for Intamac
Seraphim Capital has led a £2m investment into home monitoring company Intamac System Limited alongside Chandos Fund.
Longbow Capital launches £10m Approved EIS Fund
Longbow Capital has launched the Longbow Approved EIS Fund, a tax-efficient investment vehcile aimed at investment in the healthcare, life science and well-being sectors.
Amadeus Capital leads $5.5m series B for AMEE
Amadeus Capital Partners has led a $5.5m series B funding round for AMEE, a company that has built the largest engine for computing greehouse gas emissions.
MTI et al. invest £2.2m into Exosect
MTI Partners has invested £1m into pest control provider Exosect, as part of a £2.2m funding round.
Duke Street acquires Payzone in €104m restructuring deal
Duke Street has acquired a 69% stake in AIM-listed payment network Payzone Group as part of a €104m restructuring deal that will see the value of existing shareholder Balderton Capital's stake wiped out.
Adams Street builds secondaries team with new hire
Adams Street Partners has appointed Pinal Nicum as a London-based partner to the firm's secondaries team.
Apax pockets PIK profit
As many predicted, the secondary debt market has in fact proven lucrative for private equity firms as Apax Partners prepares to reap the rewards of buying into the debt of portfolio company New Look. Deborah Sterescu investigates
Bridgepoint acquires LGV's LGC for £257m
Bridgepoint has acquired forensics and scientific testing company LGC from LGV Capital for £257m.
Osmond's Horizon Acquisition makes £418m LSE debut
Hugh Osmond, the man behind such ventures as Pizza Express and Punch Taverns, launched his investment vehicle on the London Stock Exchange yesterday, managing to raise £418m to invest in distressed companies.
C.I.C completes purchase of Apax stake
The China Investment Corporation has received approval from the FSA to buy a 2.3% stake in Apax Partners for a reported $956m.
Better Capital acquires Carlyle's Gardner in £20m deal
Better Capital, the investment vehicle launched by Jon Moulton last year, has invested in its first deal, reportedly acquiring aerospace components supplier Gardner Group in a £20m deal from The Carlyle Group.
AXA's Spotless sale points to return of competitive auction
In the last year the competitive auction has become a rarity, as buyers became unwilling to bid up prices and sought extensive exclusivity. Now, though, they could be back on the cards.
Scottish Enterprise invests in Sistemic
Scottish Enterprise and ChimeraBio have led a series A funding round for biotech company Sistemic.
Dawn Capital further invests $2.5m into Cognitive Match
Dawn Capital has invested $2.5m in technology company Cognitive Match in a series B round of funding.