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DN Capital appoints two venture partners
DN Capital has added two venture partners to its teams in the UK and Germany.
Apollo officially launches new $12bn fund
Global private equity house Apollo Global Management has started marketing its eighth buyout fund with a $12bn target, co-founder Josh Harris announced during a presentation at the Bank of America Merrill Lynch Banking and Financial Services conference...
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.
The pitfalls of turnaround investing
Turnarounds are in the news once again, with the decision by specialist investor OpCapita to put struggling electricals retailer Comet into administration. Last week, Deloitte took over the administration of the business, and on Monday made over 300...
Advent raises €8.5bn for fund VII
Advent International has raised €8.5bn for its latest fund, Advent International GPE VII LP, in less than nine months.
Nomura targets PE-like returns with new index
Nomura and QES (Quantitative Equity Strategies) have launched the daily investible long-only index PERI (Modelled Private Equity Returns Index).
Sofinnova closes largest European life sciences fund in years
Sofinnova Partners is due to announce a final close on its seventh life sciences fund in the second week of December, unquote” has learned. Kimberly Romaine reports
Carlyle back in the black
The Carlyle Group reported net income of $219m in Q3, returning to profit after last year's loss of $191m.
UK lower mid-market resilient in 2012
While activity in the тЌ50-250m segment has failed to improve on 2011 figures on a pan-European level, the UK is proving to be fertile ground for deal-making in an otherwise troubled macroeconomic environment.
Southern Italian VCs shaping the industry's future
Southern Italy
Permira and SVG cash in on Galaxy Entertainment
Permira has sold its remaining stake in Hong Kong listed casino and hotel operator Galaxy Entertainment Group.
JP Morgan aiming to boost PE division
JP Morgan Private Equity (JPEL) has announced measures to increase capital returns to shareholders, which the firm says have been limited since the financial crisis.
Listed PE yields results
The investment landscape is rapidly transforming, reshaping itself almost beyond recognition as past follies take their toll on institutional investment powerhouses and new investors arise to take their roles in this new world. But will the much maligned...
Pangea Investors appoints new affiliate partner
Pangea Investors has hired Paul Bijleveld as an affiliate partner in the firm's London office.
The irrelevance of fees
Fees: irrelevant?
AXA PE opens Beijing office
AXA Private Equity has opened an office in Beijing, its first in China.
Special Report: Italy
Special Report: Italy
Lion's £1.2bn partial sale of Weetabix completes
Bright Food's purchase of a 60% stake in Weetabix from Lion Capital is the largest overseas transaction ever by a Chinese company in the food and beverage sector.
SBOs back with a vengeance in Q3
Secondary buyouts (SBOs) climbed back to prominence in the third quarter of 2012. The number of such deals rose from 28 to 34 compared to Q2, making it the only buyout segment to record an increase in an otherwise faltering market.
Buyout loan issuance down 38% YoY, says Baird study
European figures for leveraged and buyout loan issuance are down 46% at €20bn and 38% at €10bn respectively, according to recent research by Baird.
Escaping the equity black hole
The European M&A market continues to be depressed - as are many of the advisers in the sector. However, there are a number of tactics that interested parties and their advisers can pro-actively employ to help facilitate a transaction when it might otherwise...
Michael Smith set to retire as CVC chairman
Michael Smith will retire in January 2013, leaving the chairmanship of CVC Capital Partners to Donald Mackenzie, Rolly van Rappard and Steve Koltes.
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.
No fundraising "doom and gloom" – SJ Berwin's Sonya Pauls
Sonya Pauls on fundraising