UK / Ireland
Renewables foursome re-inforce sector’s appeal
HgCapital’s dedicated renewable energy fund, HgCapital Renewable Power Partners, closed three new investments today: two Spanish solar PV projects and one UK onshore wind project.The EUR 300m hat-trick comes the same day as growth investor Frog Capital...
GMT Communications makes two senior promotions
Media and communications-focused investor GMT Communications Partners has promoted Natalie Tydeman to partner and Vikram Krishna to principal at the firm.
Herbert Smith bulks up PE team with new appointment
Law firm Herbert Smith has hired James MacArthur as partner to the firm's private equity practice.
RJD Partners boosts investment team with new hire
Mid-market investor RJD Partners has appointed Richard Court as an investment executive to its team.
Catapult invests more than £1m into UK Gear
Catapult Venture Managers has invested £1.1m into into UK Gear, developers of high performance running shoes and sportswear.
Banca Leonardo shuts down PE activities
The wave of structural reorganisations has hit Italy’s Banca Leonardo, which is one of the recent banks to decide to re-focus its activities, towards its advisory and wealth management and away private equity division.
Charterhouse favourite for £500m United Utilities sale
Charterhouse Capital Partners is understood to have gained the edge on a £500m bid for utility company United Utilities Contract Solutions (UUCS).
HgCapital closes three renewable energy deals
HgCapital’s dedicated renewable energy fund, HgCapital Renewable Power Partners, has closed three new investments: two Spanish solar PV projects and one UK onshore wind project.
Secondaries players to fill later-stage gap
A lack of LP appetite has left a void at the later-stage end of the European venture market. Could secondaries players hold the key, asks Emanuel Eftimiu
Survitec deal bodes strong year for buyouts
This week's foursome of sizable buyouts have put Europe on course to reach EUR 40bn for 2010, 50% larger than 2009's dire figure, writes Kimberly Romaine.
CVC appoints new senior adviser
Buyout firm CVC Capital Partners has appointed Thomas Renyi, as senior adviser.
Unquote" 25 January 2010
2009 year-end stats reveal buyouts' dominance. Latest edition also looks at fundraising - how much has really changed? And is healthcare the sole sector to have survived the downturn in rude health?
Warburg Pincus acquires Montagu's Survitec for £280m
Montagu Private Equity has completed its exit of Survitec, the survival equipment manufacturer, through a secondary buyout to private equity giant Warburg Pincus in a £280m deal.
SBOs: To Xafinity and beyond
Duke Street’s sale of employee benefits company Xafinity to Advent International marks the second major secondary buyout in as many days. With the buyout market currently a dichotomy between cash-rich and exit-starved managers, SBOs could be set to...
Q&A: LPs take direct route
Deborah Sterescu speaks to Ben Hewetson, director of Teachers’ Private Capital in London on the merits of direct investing.
Carlyle names HR head for Europe and MENA
Private equity firm The Carlyle Group has named Annie Paydar as head of Human Resources for the European and MENA regions.
Rainbow Seed Fund et al invest £2m into Microvisk
Existing investor the Rainbow Seed Fund, alongside Oxford Technology Management, the Advantage Growth Fund, Finance Wales and New Hill, have invested £2m into medical diagnostic company Microvisk Technologies.
Endless refinances Crown Paints with £25m of new debt from RBS
Turnaround investor Endless has agreed to a refinancing of portfolio company Crown Paints Limited, the UK's largest decorative coatings manufacturer, which will see RBS inject £25m of new facilities into the business.
Advent buys Duke Street's Xafinity
Duke Street has completed its exit of Xafinity, the specialist pension services and employee benefits group, through a secondary buyout to Advent International in a deal of undisclosed value - the second SBO in two days.
Yield of dreams: unquote" explores high yield
Interview with Peter Schwartz, capital markets partner, Weil, Gotshal & Manges.
SBOs replace IPO hopes as KKR snaps up Bridgepoint’s Pets at Home
IPO maths don't add up as KKR completes £ 950m Pets at Home secondary. Rikke Eckhoff reports.
Change in attitude needed for future fundraising
New stats reveal 5-year low in fundraising; co-investing needed to lure LPs. By Emanuel Eftimiu
eVenture and Holtzbrinck back EUR 4m mycitydeal funding
eVenture Capital Partners and Holtzbrinck Ventures, alongside strategic investor Rocket Internet, have invested EUR 4m into mycitydeal, a provider of online discounted entertainment offers.