UK / Ireland
UK - Greenpark hires investment director
Greenpark Capital has hired Robert Savage as investment director for its London office.
UK/USA - Fidelity hires three
Fidelity Equity Partners has hired Jens Düing, Dustin Lieb and Daniel Sheyner to its London and Boston offices.
EUROPE - European Commission to discuss transparency proposals
The European Parliament today voted to send the Lehne and Ramussen reports on the transparency of institutional investors to the European Commission for discussion.
UK - Dow Schofield Watts launches debt advisory business
Dow Schofield Watts has established a corporate debt advisory business, which will be led by new partners Joanne Dodd and Paula Jones.
GLOBAL - Permira appoints senior adviser
Permira has appointed David Williams, former CEO of SIG Plc, as senior adviser.
UK - Eden backs USD 12.5m VOSS financing
New investors Eden Ventures and Paris-based XAnge Private Equity have joined existing backer Pyrford Enterprises in a USD 12m series-B funding round for unified communications service delivery software provider VOSS.
EUROPE – European Parliament demands greater transparency
MEPs are demanding tough new regulations to force greater transparency from hedge funds and private equity groups.
UK - Camburn joins Deloitte
Deloitte has hired Liam Camburn as a new director in its private equity transaction services team.
UK - KCP opens Birmingham office and hires new investment manager
Key Capital Partners (KCP) has opened a new office in Birmingham and appointed Jonathan Lamb as investment manager in its Midlands team.
UK - Close Ventures invests £1.4m in healthcare business
Close Ventures has backed Prime Care Holdings Limited, a domiciliary care agency, with funding of £1.4m.
Greasing the wheels
Fund administration providers offer a compelling service but their low penetration of the market suggests they still have much work to do to convince private equity firms of their benefits. By Nathan Williams
Valuation interpretations
A new survey reveals that private equity firms are increasingly uncertain about the market value of both portfolio and target companies. Ashley Wassall examines the effect this will have on the way the industry does business.
Blue Brothers
At present it is unclear how the collapse of Lehman Brothers will effect the private equity industry, although it will surely be a question of how rather than if. For starters, the investment management unit, which includes all Lehman’s private equity...
IRELAND - Lightspeed leads USD 21m PCH funding
A syndicate of US investors, led by Lightspeed Venture Partners and including Focus Ventures and Norwest Venture Partners, has invested USD 21m into supply chain management solutions provider PCH International.
GLOBAL - KKR hires new MENA head
Kohlberg Kravis Roberts & Co (KKR) has appointed Makram Azar as managing director and head of Middle East and North Africa (MENA).
UK - Electra hires new IR partner
Electra has appointed Monique Dumas as investor relations and corporate communications partner.
UK - Vision converts to LLP and hires two
Vision Capital has formally adopted partnership status and has hired Lorenzo Russo and Daryl Cohen.
UK - Baird-backed Choices acquires Domicillary Care
Baird Capital-backed Choices Holdings Ltd, a provider of supported living and residential care services, has acquired Domicillary Care Ltd (DCG), a care provider based in Scotland.
UK - TVM and Endeavour invest USD 14m into CommProve
TVM Capital and Endeavour have led a USD 14m funding round for CommProve, a vendor of advanced solutions for the real-time monitoring of wireless networks, alongside existing backer TLcom Capital.
UK - Paragon rejects £373m private equity bid
Embattled buy-to-let morgage lender Paragon has rejected a £373m takeover bid put forward by an unnamed private equity group and abandoned talks with other potential acquirers.
UK - Bridges hires CFO
Bridges Ventures has hired Rory Maw as chief financial officer.
UK - Aberdeen executives create Spirit Capital
The senior executives of Aberdeen Asset Managers Private Equity, a subsidiary of Aberdeen Asset Management Plc, have completed a buyout of the business and re-branded as Spirit Capital Partners LLP.
UK - BDO hires McDaid
BDO Stoy Hayward has hired Neil McDaid as a debt advisory director within its corporate finance team.
UK - Carbon Trust and Catapult invest £2m 4energy
Carbon Trust Investments and Catapult Venture Managers have invested £1m each in 4energy, a developer of cooling products and systems for electronic equipment.