UK / Ireland
GLOBAL- MVision boosts real estate team with two new hires
Placement agent MVision has appointed Mitchell B Sikora as managing director and Scott P Arden as director to the firm.
UK- Zeus-backed Hallmark Hotels acquires Hotel Elizabeth
Zeus Private Equity has backed portfolio company Hallmark Hotels in its acquisition of The Hotel Elizabeth in Hull.
UK - Maven's Capital for Enterprise invests £650,000 into Qire
Maven Capital Partners, through its Capital for Enterprise Fund, has invested £650,000 into Qire, a provider of intelligent voice messaging solutions.
GLOBAL - General Atlantic appoints former Visa president as adviser
Global private equity firm General Atlantic has appointed former Visa president Hans Morris as special adviser.
First Reserve Corp promotes Deulina to director
Energy-focused investor First Reserve Corporation has promoted Anastasia Deulina to director.
UK - YFM and MTI awarded mandate for interim North West venture fund
Venture investors YFM and MTI have been awarded a mandate to manage the £9m interim Venture Capital Fund for the North West region, an initiative launched by the Northwest Regional Development Agency to invest in small-to medium sized businesses in the...
UK - WHEB Ventures invests in PassivSystems
WHEB Ventures has invested an undisclosed amount into home energy management company PassivSystems.
GLOBAL - CD&R holds $5bn final close of eighth fund
US-based private equity firm Clayton, Dubilier & Rice (CD&R) has held a final close on its latest fund, Clayton Dubilier & Rice Fund VIII, on approximately $5bn, $1bn more than its predecessor vehicle which closed in 2006.
UK - SEB Venture Captial et al. exit ShoZu
SEB Venture Capital, Atlas Ventures, Crescendo Ventures and TTP Ventures have all exited their stake in mobile phone application developer ShoZu, via a trade sale to messaging software provider Critical Path for an undisclosed sum.
UK - Lyceum Capital acquires McKinnon & Clarke for £22m
Mid-market investor Lyceum Capital has acquired McKinnon & Clarke (M&C), one of the largest energy procurement and compliance specialists in Europe, for £22m.
EUROPE - Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
UK - Goldman Sachs et al. sell SpinVox to Nuance
Goldman Sachs Private Equity, GLG Partners, Blue Mountain Capital and Toscafund Asset Management have all exited their investment in SpinVox, a provider of voice-to-screen messaging solutions, via a trade sale to Nuance Communications in a deal valued...
UK/GERMANY - GI Partners sells Acentic for £30m
GI Partners has sold its 65% stake in entertainment company Acentic GmbH to Philweb Corporation for a total consideration of £30m, including debt.
Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
Balance of power
Investors are putting a significant amount of pressure on buyout houses, pushing for better terms and in some cases scaling back commitments
Global trends, what comes next?
Presentation by Carsten Valgreen, partner at Benderly Economics
GLOBAL - Partners Group restructures management
Partners Group has promoted head of finance Roland Käslin and Guernsey head Denis O'Malley from senior vice presidents to managing directors, as part of a wider organisational restructuring of the firm.
UK - Seventure backs EUR 1m Carbon Hub investment
Seventure Partners has invested EUR 1m into Carbon Hub, a developer of web-based carbon management solutions, alongside individual angel investors.
UK - Inflexion backs Griffin
Inflexion Private Equity has invested an undisclosed amount into specialist travel business Griffin Global Group, to back the acquisition of the estate of a deceased founder.
EUROPE - HarbourVest promotes Soquar to vice president
HarbourVest Partners has promoted Abraham Soquar to vice president in the firm's London office.
EUROPE - Doughty Hanson promotes private equity co-heads
European buyout house Doughty Hanson has promoted Mark Corbidge and John Leahy to co-heads of private equity.
UK - Bridgepoint sweetens takeover offer for Care UK
Bridgepoint has reportedly upped its offer for care home operator Care UK to between 450-500 pence per share, valuing the business at between £275-300m.
EUROPE - Still scope for secondaries?
Could the vast amounts of secondary funds raised recently and the limited deal completion lead to a capital overhang in the coming years? Francois Rowell asks Sergio Jovele of Partners Group, which yesterday announced the closing of its latest secondaries-focused...
EUROPE - Earth holds first close of £750m fund
Earth Capital Partners has held an undisclosed first close of its EON Climate & Renewables fund, which has a target of EUR 750m.