Financials
CVC to lead €1.8bn restructuring of SNS Reaal
CVC Capital Partners will lead a consortium to restructure SNS Reaal, a Dutch insurer and the country's fourth largest bank, according to local press.
Capital Dynamics and Arx buy Fincentrum
Capital Dynamics and Arx Equity Partners have bought a majority stake in Czech financial advisory services provider Fincentrum for an estimated CZK 750m.
BlackFin Capital buys Compamut
BlackFin Capital Partners has bought a controlling stake in French insurance comparison business Compamut, according to reports.
Target Partners invests €2m in Finanzchef24
Target Partners has made a €2m series-A investment in German online financial services start-up Finanzchef24 GmbH.
AlpInvest and Honeywell Capital Management invest £35m in Towry
AlpInvest Partners and Honeywell Capital Management have invested ТЃ35m in Towry Group, a UK-based wealth advisory firm backed by Palamon Capital Partners.
Aquiline buys Equity Red Star for £87m
Aquiline Capital Partners has bought UK-based motor insurance business Equity Red Star (ERS) from Insurance Australia Group (IAG) for ТЃ87m.
GCS Capital buys Dexia Asset Management
Hong Kong-based GCS Capital has acquired Dexia Asset Management (DAM) from its parent company Dexia SA.
EBRD loans RUB 1.7bn to Orient Express Bank
The European Bank for Reconstruction and Development (EBRD) has provided Orient Express Bank (OEB) with a three-year loan totalling RUB 1.7bn.
Blackstone buys Intertrust for €675m
The Blackstone Group has acquired Dutch tax consultancy Intertrust from Waterland Private Equity for a reported €675m.
KBC sells majority of PE portfolio to KeBeK
KBC Private Equity has sold a large part of its portfolio to KeBeK I, a new fund managed by four former KBC employees, including CEO Floris Vansina.
Beringea backs CognoLink
Beringea has invested in UK-based primary research firm CognoLink.
Principia backs MoneyFarm
Italian VC Principia has injected €2.65m into online investment advisory firm MoneyFarm.
Catella increases stake in IPM
Catella AB has increased its stake in investment services firm IPM Informed Portfolio Management AB from approximately 5% to 25% through a SEK 33m new issue private placement, conditional on an approved ownership assessment.
BlackFin acquires minority stake in Groupe Cyrus
BlackFin Capital Partners has taken a minority stake in the MBO of French wealth management firm Groupe Cyrus.
AnaCap's IFG Trust acquires Moore Group
AnaCap Financial Partners's portfolio company IFG Trust and Corporate Group has acquired Jersey-based PE fund administrator Moore Group, marking a consolidation trend that some believe is rife in international fund administration.
Bridgepoint merges Quilter with Cheviot
Bridgepoint has agreed to merge British wealth manager Quilter & Co with investment firm Cheviot Asset Management, creating a new firm with ТЃ12bn in assets under management.
Duke Street's Marlin secures £80m senior credit line
Duke Street's UK portfolio company Marlin has secured an ТЃ80m revolving credit facility from RBS and Investec.
GTCR acquires Premium Credit
Chicago-based GTCR has acquired UK payment facilitation company Premium Credit from MBNA Europe for ТЃ900m.
Horizon invests $40m in bank TCS
Horizon Capital has invested $40m in Russian online bank Tinkoff Credit Systems Bank (TCS).
Rutland backs Buy As You View MBO with £33.1m
Rutland Partners has invested ТЃ33.1m in British retail and consumer finance business Buy As You View (BAYV), supporting its MBO from a bank syndicate.
Industrials and consumer see most volume in 2012 to date
The industrial and consumer sectors outperformed other major industries in terms of deal volume between January and September 2012.
Tikehau acquires 51% of Salvepar
Tikehau Participations et Investissements has acquired 51.42% of the capital and voting rights of French investment company Salvepar from Société Générale.
Canaan Partners leads $26m round for borro
Canaan Partners has led a $26m funding round for UK-based personal asset lender borro.
Blackstone and Anacap set up joint venture for financial assets
The Blackstone Group and Anacap Financial Partners have set up a joint venture to buy European financial assets.