UK / Ireland
Carlyle makes senior promotions across Europe
Buyout house Carlyle has promoted 33 professionals to senior positions across its offices globally, with four in the firm's London office.
UK - The Aspire Fund invests inTalentPuzzle
Capital for Enterprise's The Aspire Fund has invested an undisclosed amount into TalentPuzzle, an online recruitment platform, alongside Venrex Investment Managemnet and two angel investors.
GLOBAL - Big Apple pensions ripe for private equity
New York City, which boasts a pension pot of $96.4bn, is reportedly naming a private equity veteran to look after its investment, triggering conjecture that the city may put more money to work in the asset class which spent most of last year plagued by...
EUROPE - Riverside makes European promotions
The Riverside Company has promoted Juan Barnechea to head of its European deal origination team. He will be replacing Karsten Langer who will become a transaction partner for Benelux and France.
US/EUROPE - US Fidelty Ventures team forms Volition Capital
The US operations of Fidelity Ventures has spun out into Volition Capital, an independent growth equity firm that invests in founder-owned technology companies.
UK - Candover-backed Gala Coral asks lenders for waivers
Permira-, Cinven- and Candover-backed Gala Coral, the British gaming group, has reportedly asked for three waivers from senior debt holders, including the right to skip an upcoming covenant test.
UK - Octopus boosts multi manager team
Octopus Investments has hired Oliver Wallin and Fiona McRobie to the firm's Multi Manager fund team.
UK - Blackstone in tallks with Branson for Northern Rock
Blackstone is reportedly in talks with Sir Richard Branson's Virgin Money about a bid for state-owned Northern Rock's "good bank", which could be worth up to £2bn.
UK - Masterson appointed chairman of Montagu
Montagu Private Equity has appointed former CEO Chris Masterson as executive chairman of the UK-based buyout firm.
UK - Osmond plans to list £500m turnaround vehicle on the LSE
Financier Hugh Osmond, the man behind private equity firm Sun Capital, is reportedly planning to launch a new £500m investment vehicle on the London Stock Exchange, aimed at investing in big private equity-backed companies that have been crippled by...
UK - LDC backs MBO of JHP with £30m
LDC has backed the management buyout of vocational education provider JHP Group, in a deal that will see the private equity firm invest £30m for a majority stake in the business.
UK - LDC backs MBO of JHP with £30m
LDC has backed the management buyout of vocational education provider JHP Group, in a deal that will see the private equity firm invest £30m for a majority stake in the business.
EUROPE - 2010: Leverage renaissance
"Good deals this year shouldn't fall through because of lack of financing as there is enough debt around to service the expected volume of transactions," says Lloyds' Ian Sale, who is optimistic about the prospects for leveraged buyouts in 2010.
2010: Leverage renaissance
"Good deals this year shouldn't fall through because of lack of financing as there is enough debt around to service the expected volume of transactions," says Lloyds' Ian Sale, who is optimistic about the prospects for leveraged buyouts in 2010.
Predictions from deal doers
The industry shares its - mostly optimistic - views on 2010
82% of GPs convinced dealflow improving
The vast majority of GPs in Europe feel dealflow will improve in 2010, with slightly more than half also more upbeat on the quality of those deals
Top equity providers over the years
LDC consolidates its position atop the activity throne, long ago abdicated by 3i
Firms to watch in 2010
For many, the heads-down approach of 2009 will continue into this year. But for a notable few, this may be a busy year. Here is unquote's list of firms to watch for 2010, based on input from our readers as well as research from unquote's proprietary database...
Looking ahead
Will the poor economic outlook for 2010 mar any recovery in private equity? Or will this year - as many hope - prove a spectacular vintage?
Looking ahead
Will the poor economic outlook for 2010 mar any recovery in private equity? Or will this year - as many hope - prove a spectacular vintage?
EUROPE - Helvetia Wealth AG appoints new board member
Asset manager Helvetia Wealth AG has appointed Professor Gerhard Arminger as a member of its board.
Helvetia Wealth AG appoints new board member
Asset manager Helvetia Wealth AG has appointed Professor Gerhard Arminger as a member of its board.
GLOBAL - First Reserve Corp promotes Deulina to director
Energy-focused investor First Reserve Corporation has promoted Anastasia Deulina to director.