UK / Ireland
UK - Mourant du Feu & Jeune promotes two to senior associate
Offshore law firm Mourant du Feu & Jeune has promoted Matt Crill and Damian Evans to senior associate.
UK - HSBC Private Equity sells TDG
HSBC Private Equity has wholly exited its investment in Transmission & Distribution Group (TDG), a supplier of partial discharge monitoring systems for electrical utilities and heavy industry, through a trade sale to Qualitrol Corporation for an undisclosed...
UK - Hermes wagers future for Riva
Riva Gaming Group has undergone a restructuring that will see backer Hermes Private Equity suffer a significant write down against its £50m investment in the company it created in April 2006. Lenders RBS, Bank of Ireland and Allied Irish Bank have written...
UK - Collins Stewart appoints head of small- and mid-cap equities
Financial advisory group Collins Stewart has hired Martin Turner as head of small- and mid-cap equities.
UK - BlueGem invests £15m into Panmure
Mid-market investor group BlueGem Capital Partners has invested £15m into beleaguered listed stockbroker Panmure Gordon, taking a 40% stake in the business.
UK - Celerant Consulting expands private equity team
Management consultancy firm Celerant Consulting has hired Christopher Juul as executive vice president focused on the private equity business development.
GLOBAL - CP Eaton Partners appoints Rinaldi
Global placement agent CP Eaton Partners has appointed Dawn Rinaldi as chief operating and chief financial officer.
EUROPE - AlpInvest partner joins Apax board
AlpInvest managing partner Wim Borgdorff has joined Apax Partners' board of advisers.
UK - Deloitte appoints restructuring and distressed fund specialist
Business advisory firm Deloitte has hired Nick Robinson as a director of its UK reorganisation services team.
UK - Clifford Chance partner transfers to Hong Kong office
Simon Cooke, a London-based private equity partner at law fim Clifford Chance, is relocating to the firm's Hong Kong office.
UK - Accel Partners et al. complete £4m Autoquake investment
Accel Partners and Highland Capital Partners have further backed online used-car retailer Autoquake with a £4m investment.
UK - Ex-Court Square partner launches Olmeto
Michael Gollner, formerly a partner at private equity house Court Square Capital Partners, has established Olmeto Capital Partners, a new UK-based investor group.
UK - Axa interested in Hutton-backed JHA
Axa Private Equity is known to be one of four bidders that have submitted a first round offer for James Hull Associates (JHA), a cosmetic and specialist dental chain that is backed by mezzanine house Hutton Collins.
GLOBAL - Goldman raises $5.5bn secondaries fund
Goldman Sachs has reportedly closed its new secondaries fund, GS Vintage Fund V, on $5.5bn - ahead of its $5bn target.
UK - Wales Fund Managers hires two
Wales Fund Managers (WFM) has hired Scott Barham and Bryony Ellison to its investment team.
UK – VCTs defy cynics to raise £153m last year
Despite concerns the UK's venture capital trust managers would this year raise only £50-100m due to adverse economic conditions, the industry attracted an impressive £153m in the 2008/2009 tax year.
UK- Octopus, Aberdeen chosen to manage govt-backed CFE funds
Octopus Investments and Aberdeen Asset Managers have been chosen to each manage a £30m government-backed Capital for Enterprise fund (CFE).
UK- Dunedin-backed WFEL secures £18m contract with US Dept of Defence
WFEL Limited, the defence engineering group backed by private equity house Dunedin, has secured an £18m contract with the US Department of Defense to supply it with military bridging systems.
UK- Octopus Ventures further invests £900,000 in Phasor Solutions
Octupus Ventures has invested a further £900,000 in satellite communication company Phasor Solutions, as part of a £1.5m funding round.
UK - Candover calls it quits
Private equity firm Candover has suspended investment from its 2008 fund for up to six months to explore strategic options.
UK - Bidding war for stake in Royal Mail
Reports suggest that Deutsche Post, along with Dutch TNT and private equity firm CVC, are bidding for a stake in British state-owned postal company Royal Mail.
EUROPE - BPE spin-off – still no firm agreement
Following speculation since before Christmas, unquote" can confirm that Barclays Private Equity is indeed inching closer towards independence. Though the firm is "sounding out views of its investors", there is as yet still no agreement in place, according...
UK- MBO in the cards for Robert Dyas
Reports suggest that hardware retailer Robert Dyas is in talks with its main backer Lloyds TSB over a potential management buyout.
GLOBAL - Kamil Salame joins CVC Capital
International private equity firm CVC Capital Partners has appointed Kamil Salame as partner and US head of its financial institutions group.