UK / Ireland
UK - Celtic Therapeutics to invest up to $15m into Spirogen
Pharmaceuticals-focused investor Celtic Therapeutics has agreed to invest up to $15m into Spirogen Ltd, a developer of DNA-interactive drugs.
UK - Lime Rock Partners invests £55m into ITS Group
Oil and gas investor Lime Rock Partners has invested £55m into ITS Group, a specialist provider of oil equipment and services, in exchange for a minority stake in the business.
UK - Mercia et al. invest £400,000 into Allinea Software
Mercia Technology Seed Fund and Midven, via its Advantage Growth Fund, have co-led a £400,000 seed funding round for specialist software developer Allinea Software, alongside management.
UK - Candover loses interest in ALcontrol restructuring
Laboratory testing company ALcontrol, backed by beleaguered private equity firm Candover, has agreed to a restructuring deal with its lenders that will see Blackstone's GSO Capital Partners take a majority stake in the business.
UK - Quinn Partnership appoints senior project coordinator
Due diligence provider The Quinn Partnership has hired Samantha Kenny as senior project coordinator to its project team.
UK - DN appoints principal
Media and technology-focused investor DN Capital has hired Tom Bradley as principal to the firm.
UK - LCA invests £1.5m into Proven Energy
Low Carbon Acceleratior (LCA) has further invested into small-scale wind turbine manufacturer Proven Energy, in a funding round worth £1.5m.
UK - Inflexion boosts origination team with new hire
Mid-market investor Inflexion Private Equity has hired Angela Galbraith as origination executive.
UK - Atlas and Novartis invest into Bicycle Therapeutics
Atlas Venture and Novartis Venture Fund have invested an undisclosed amount of seed funding into biotherapeutics start-up Bicycle Therapeutics.
UK - LEF invests £5m into New Earth Solutions
Cleantech investor Ludgate Environmental Fund has invested £5m into waste treatment and renewable energy company New Earth Solutions Group.
UK - Amadeus Capital invests in Linkdex
Amadeus Capital Partners, via its Amadeus Seed Fund and Amadeus III vehicle, has invested EUR650,000 into software company Linkdex.
UK - Crowell & Moring bolsters corporate team with new hire
Law firm Crowell & Moring has hired Joel Wheeler as a partner in the firm's corporate group in London.
GLOBAL- Stanford University puts $1bn of assets on the block
Palo Alto-based Stanford University, one of the largest endowments, has put as much as $1bn of its illiquid investments up for sale in an effort to raise cash for the cash-strapped institution.
UK - BC Partners boosts London team with two new hires
BC Partners has hired Laura Coquis and Laurent de Rosiere to the firm's London office.
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Whatever the state of the market, there will be qualms over fees paid to GPs. When the markets were tough in the early naughties and Europe's buyout market was gaining traction, a few brave big guns started raising ever bigger funds, meaning their fees...
EUROPE - Former Northern Rock CEO appointed adviser for Apollo
Adam Applegarth, the former CEO of failed UK bank Northern Rock, has joined distressed debt investor Apollo Management as a senior advisor to the firm's European fund.
UK - Celtic Pharma apponts Dr Richards to advisory board
Biotechnology and pharmaceuticals-focused investor Celtic Pharma Holdings has appointed Dr Andy Richards to its advisory board.
UK - Graphite Capital bolsters investment team with new hire
Mid-market private equity firm Graphite Capital has hired Rachael Whittaker as investment manager.
IRELAND - Kernel and Dermot lead $33m Intune investment
Kernel Capital and Dermot Desmond have led a funding round for telecoms equipment supplier Intune Networks worth close to $33m.
UK - LCA invests second tranche of £1.2m QuantSol funding
Low Carbon Accelerator has completed the second tranche of funding for solar photovoltaic company QuantaSol, as part of a total financing round worth just under £1.2m.
GLOBAL - KKR finally completes KPE merger
After over a year of delays and revisions, US-based private equity giant KKR has now completed its merger with its Amsterdam-listed affiliate, KKR Private Equity Investors.
GLOBAL - Hellman closes $9bn seventh fund and management shake-up
International private equity house Hellman & Friedman has announced the final close of its seventh and largest fund, HFCP VII, on a little under $9bn, as well as a major shake-up of the firm's management team.