Financials
Haller appointed partner of CGS Management
Christoph Haller is set to join CGS Management as partner at the Swiss private equity firm in November 2010.
EBS Building Society in talks with private equity investors
Ireland's EBS Building Society is reportedly seeking funds from private equity investors, in a bid to raise the €875m it needs to reach new regulatory capital targets by year-end.
Canadian pension fund Omers close to buying ISS
Omers is on the verge of buying Inchcape Shipping Services, a European port and shipping services company. If successful, the buyout would be Omers' first European investment deal.
Bridgepoint completes HobbyCraft acquisition
Bridgepoint Capital has acquired HobbyCraft, one of the UK's top retailers for art and craft.
Nicolas Homassel named Natixis private equity CEO
Natixis has named a Nicolas Homassel as its new CEO of private equity.
David Yates join's Advent's Operating Partner Programme
Advent International has appointed David Yates, former First Data International president, to an advisory position for the company’s Operating Partner Programme.
Lloyds looks to sell stakes to Coller led consortium
Lloyds Bank may be on the verge of selling its portfolio of equity investments, which includes a 29% stake in Vue Entertainment, to a private equity group headed by Coller Capital.
Philip Yea to hit stock market with oil and gas fund
Philip Yea, the former 3i chief executive, is assembling a team to launch a fund dedicated to buying assets in the oil and gas market.
Blackstone and Wellcome Trust drop bid for RBS assets
Blackstone and UK medical research charity Wellcome Trust have dropped a bid for 318 branches of the Royal Bank of Scotland up for sale.
Palamon reap 3.7x money on Nordax SBO to Vision Capital
Palamon Capital Partners has sold Nordax Finans AB to European investment firm Vision Capital in a deal valuing the business at €105m.
Private equity bidding for RBS' WorldPay
Recent press reports suggest that private equity parties will figure strongly in the second round of bidding for RBS’ payment processing business WorldPay.
Reiten & Co divests Factor to Pareto
Norwegian buyout house Reiten & Co has exited Factor Insurance Group through a trade sale to financial services company Pareto.
Cerberus' Bawag sells Bawag PSK Versicherung
Cerberus Capital Management-backed Bawag has sold 25% of its insurance broker Bawag PSK Versicherung to sector player Generali.
Gresham backs £12.3m MBO of LAS
Gresham has backed the £12.3m management buyout of claims manager Lanes Assistance Services (LAS) from existing shareholder Lanes Group plc.
Carlyle raises $1.1bn financial services fund
The Carlyle Group has raised $1.1bn for its first financial services fund, Carlyle Global Financial Services Partners (CGFSP).
AXA PE to bid for KBC’s private equity division
According to reports, AXA Private Equity, alongside Belgian investment group Sofina, is in the bidding process for the acquisition of KBC Private Equity.
Octopus Ventures invests £1.5m in Money Workout
Octopus Ventures has invested £1.52m in mortgage website company Money Workout Limited.
Lone Star looks for IKB buyer
Reports suggest that US investor Lone Star is seeking a buyer for struggling German bank IKB Industriebank AG.
Apax Foundation takes stake in Finance in Motion
Die Apax Foundation, the foundation of Apax Partners, has taken a 20% stake in asset manager Finance in Motion, based in Frankfurt/Main .
Siparex to acquire part of UFG PE
Siparex, parent company of Sigefi Private Equity, is in exclusive negotiations with UFG-LFP to acquire part of its UFG Private Equity division.
Electra Partners et al. back SAV in Citigroup portfolio purchase
Electra Partners has injected additional capital into portfolio company SAV Credit for its acquisition of a £825m credit card portfolio from Citigroup, alongside other backers Palamon Capital Partners, Morgan Stanley Alternative Investment Partners and...
Bowmark Capital backs £48m Leaders MBO
Bowmark Capital has backed the £48m management buyout of specialist lettings agency Leaders from RO Group, a property investment and development business.
IDI buys AGF Private Equity
IDI Group has wholly acquired AGF Private Equity, a French fund-of-funds and VC portfolio management company, from Allianz France.
Miura acquires 80% stake in Gescobro
Miura Private Equity has acquired an 80% stake of the leading credit management services company Gescobro.