UK / Ireland
GLOBAL - CVC Capital appoints two senior advisers
CVC Capital Partners has appointed Robert Jenkins and Jim Sutcliffe as senior advisers on the firm's global financial institutions advisory board.
UK - Citi Venture Capital International to invest $25m into SkyVision Holdings
Citi Venture Capital International, via its Citigroup Venture Capital International Africa Fund (CVCIAF), has agreed to invest $25m into IP service provider SkyVision Holdings Limited, in exchange for a 23% stake in the business.
UK - NESTA and Eden invest in Basekit
NESTA and Eden Ventures have invested in UK start-up company Basekit.
UK - NJD Capital backs buyout of HFW Plastics from administration
Listed venture investor NJD Capital has backed the buyout of HFW Plastics from KPMG adminstrators in a deal believed to be worth over £350,000. The deal will see the formation of a new company called Thermopak.
GLOBAL - GI Partners completes sale of assets in first fund
Private equity and real estate investor GI Partners has sold the last remaining asset in its first fund, a Frankfurt data center, to Equinix Holding BV for $28m.
UK - CBPE Capital appoints investment manager
Mid-market investor CBPE Capital has hired Rob McCombie as investment manager to the firm.
EUROPE - DFJ Esprit holds first close of third venture fund on EUR 70m
DFJ Esprit has held the first close of it latest venure fund, DFJ Esprit III, on EUR 70m.
GLOBAL - KKR to delay launch of next buyout fund
Reports suggest that KKR is delaying the launch of its next buyout fund until next year, after having already invested 70% of its previous $17.6bn vehicle that closed in 2007.
UK - Brown Rudnick appoints partner in London office
International law firm Brown Rudnick has hired Lena Hodge as partner in the firm's corporate and securities department to be based in London.
EUROPE - 3i sells venture portfolio to Coller-, HarbourVest-backed Encore
Secondaries specialists Coller Capital and HarbourVest Partners have teamed up with venture house DFJ Esprit to acquire a £130m portfolio of venture assets from 3i. The portfolio will be managed by a new division of DFJ, Encore Ventures.
UK - General Atlantic decreases interest in Xchanging plc
Private equity firm General Atlantic has reduced its stake in its listed portfolio company Xchanging plc, a provider of business processing services, to less than 10%.
UK - Spectrum Equity invests in Business Monitor International
US-based Spectrum Equity Investors has invested in research company Business Monitor International (BMI).
UK - Bridges Ventures exits Insurance Dialogue
Bridges Ventures has sold portfolio brokerage company Insurance Dialogue to trade buyer Equity Insurance Group for an undisclosed sum.
UK - RCapital backs acquisition of Helena assets
Turnaround specialist RCapital has backed the company voluntary agreement (CVA) of troubled nightclub operator Helena Leisure Group.
UK - Synova Capital acquires ClearWater Care
Mid-market investor Synova Capital has acquired specialist care provider Clearwater Care for an undisclosed sum.
GLOBAL - IPEV publishes updated valuations guidelines
The International Private Equity and Venture Capital Valuation (IPEV) Board published its updated version of the Private Equity Valuations Guidelines today. Significantly, the updated version highlights the importance of consistency with international...
GLOBAL - KPS tops up third fund by USD 800m
Turnaround specialist KPS Capital Partners has increased the size of its Fund III from its original USD 1.2bn to USD 2bn.
UK - Mid-Ocean exits Europackaging in pre-pack
Mid-Ocean Partners' Europackaging has been bought back by former owners the Majid family in a pre-pack administration agreement for an undisclosed sum.
UK- Inflexion's co-investment fund oversubscribed
Mid-market investor Inflexion Private Equity has closed its co-investment fund, which was oversubscribed on its hard cap of £75m.
UK - RJD Partners' Johnson departs
Founding partner Duncan Johnson has reportedly left UK private equity firm RJD Partners by mutual agreement.
UK - Cobalt Corporate Finance bolsters team
Mid-market technology, media and telecoms adviser Cobalt Corporate Finance has hired David Ford to join its team.
UK - LDC backs MBO of Icon Polymer
LDC has backed the management buyout of manufacturing business Icon Polymer for an undisclosed sum.
UK - LDC bolsters Yorkshire investment team with new hire
LDC has hired Tony Norwood as investment director at the firm's Yorkshire office.
GLOBAL - Advent International appoints three new partners
Advent International has hired three operating partners to advise the firm on investment opportunities in the technology and telecoms sector: Richard Atkins, Sergio Giacoletto and John Hughes.