Financials
Omnes backs Groupe Eyssautier MBO
Omnes Capital has taken a stake in the management buyout of French marine and transport insurance broker Groupe Eyssautier.
Verdane acquires Nordic Venture Partners I portfolio
Verdane Capital has wholly acquired the LP interests of Nordic Venture Partners I through its Verdane Capital VII fund.
Palatine invests in Chase Templeton
Palatine Private Equity has invested in British private medical insurance broker Chase Templeton.
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.
Private equity expected to bid for BayernLB Luxembourg unit
BayernLB (Bayerische Landesbank) is looking to sell its corporate and private banking unit in Luxembourg, according to reports.
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 £35m 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 £87m.
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.
Advent to sell Domestic & General for £500m profit
Advent International is reportedly looking to sell its London-based insurance business Domestic & General (D&G) for up to £1bn, doubling the company's value at the time of buyout.
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.
Nordic Capital sells Neonet
Nordic Capital has sold its majority stake in electronic trading service Neonet to Hay Tor Capital, KAS Bank and Neonet management.
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 £12bn in assets under management.
PineBridge’s Turkish investment issues bonds
Ulusal Faktoring AS, a Turkish non-bank financial services company, has closed its first domestic bond offering with Turkish corporates, high-net-worth individuals and a number of institutional investors subscribing to the TL 60m ($34m) private placement.
Duke Street's Marlin secures £80m senior credit line
Duke Street's UK portfolio company Marlin has secured an £80m revolving credit facility from RBS and Investec.