Financials
RIT partners with Rockefeller Financial Services
Investment trust RIT Capital Partners and asset manager Rockefeller Financial Services have announced the creation of a strategic partnership between the two entities.
Sator backs Extrabanca
Sator private equity has made an initial €15m investment in independent bank Extrabanca, securing a 38.9% stake.
Rutland Partners' Notemachine completes £63m refinancing
GE Capital, Barclays and European Capital have provided a £63m senior debt refinancing package for Rutland Partners' UK portfolio company Notemachine.
CVC acquires AlixPartners
CVC Capital Partners has acquired a majority stake in corporate advisory firm AlixPartners from private equity owner Hellman & Friedman.
Bowmark Capital sells Data Explorers to Markit
Bowmark Capital has sold securities data provider Data Explorers to financial information provider Markit.
AnaCap buys international division of IFG for €84m
AnaCap has agreed to acquire the international division of financial services company IFG Group for €84m.
MMC Ventures announces second venture capital fund
MMC Ventures launches its second venture capital fund for young investors. The MMC Growth Generation Fund is available to investors aged 18-35 with £2,500 to £10,000 to invest.
FF&P backs MBO of British company CreditCall
FF&P and Bestport Ventures have taken a majority stake in British payment technology business CreditCall.
HTGF leads series-A funding for Bonayou
High-Tech Gründerfonds and "make a startup angel fund" GmbH have invested in PL Gutscheinsysteme's non-cash-gift-voucher card Bonayou.
Summit invests in German trading platform 360T
Summit Partners has invested in the German multi-bank, multi-asset trading platform 360T Group.
General Atlantic takes minority stake in FNZ
Growth equity provider General Atlantic has acquired a minority stake in HIG portfolio company FNZ, a London-based investment services firm.
Darwin backs MBO of A&A Group
Darwin Private Equity has backed an MBO of insurance broker the A&A Group.
Coller buys Crédit Agricole PE unit and funds
Coller Capital has agreed to acquire fund manager Crédit Agricole Private Equity (CAPE) from Crédit Agricole, as well as the bank's interests in the funds it manages.
Equistone exits Firstassist Legal Expenses
Equistone Partners Europe has sold insurance firm Firstassist Legal Expenses for approximately £28m to investment capital and risk solution firm Burford Capital.
Earlybird's smava.de teams up with bank
Earlybird portfolio company smava.de has entered a strategic partnership with Fidor Bank AG.
CVC makes bid for Phoenix
CVC is thought to have made a bid for UK life assurer Phoenix Group, in a deal that could be worth over £800m.
Pemberton adds to telecoms and financial teams
Pemberton Capital Advisors had made four appointments to its financial services and telecoms teams.
CVC linked to £4bn RBSI bid
CVC Capital Partners has reportedly made a bid for RBS Insurance (RBSI), which could provide the largest European buyout this year if successful.
JC Flowers acquires Belgium's Fidea for €243.6m
KBC Group has signed an agreement to sell Belgian insurance provider Fidea to JC Flowers, in a deal worth a total of €243.6m.
Pemberton Capital launches first fund
Pemberton Capital has announced the launch of its maiden fund, Pemberton European Services Fund I, with a €500m target.
Augur Capital to buy Ageas’ German life insurance division
Augur Capital has signed an agreement to buy the German life insurance business from Belgian insurer Ageas Insurance International NV.
Palamon and Electra exit SAV Credit
Palamon Capital Partners and Electra Private Equity have exited sub-prime credit card provider SAV Credit.
BPE sells FirstAssist; Ninth exit in 2011
Barclays Private Equity has sold FirstAssist Insurance Services Ltd. for £71m to healthcare provider Cigna.
123Venture et al. in Vérifimmo MBI
123Venture, LCV Finance and David Hamelin have wholly acquired French insurance business Vérifimmo for an undisclosed amount.