Unquote
Olympic legacy to accelerate UK venture
Accelerating European venture
PE rakes in record €45bn management fees
The global private equity industry is now thought to be managing some $3trn in assets. An impressive figure, but can the industry continue to grow in assets under management and sustain itself or is it now doomed to a slow decline?
United against private equity
PE's public image
Apax reshuffles senior management team
Ralf Gruss (pictured) has been appointed chief operating officer at Apax Partners following his predecessor's move to become full-time head of the firm's portfolio support group.
3i debt management business expands to the US
3i has established a debt management platform in the US through a partnership with WCAS Fraser Sullivan Investment Management.
Summit Partners raises $520m credit fund
Summit Partners has raised a $520m credit fund for middle-market companies, far surpassing its original $300m target.
Capital Dynamics promotes five
Capital Dynamics has promoted five staff members to managing director since the start of 2012.
UK dominant as European deal activity stumbles
The UK has reasserted its dominance as a European private equity market in 2012, racing ahead of the competition, according to figures from unquoteт data.
Early-stage investments: German deal volume booms
While German early-stage activity has risen in volume in the first half of 2012, the UK holds its own with strong overall deal value.
PE-backed SMEs show increased employee numbers
Staff count at PE-backed companies has increased by an average of 26% since 2000, recent research by asset manager Adveq shows.
Video: Natural attrition of GP relationships to accelerate – Capital Dynamics' Katharina Lichtner
Video: Capital Dynamicsт Katharina Lichtner
PE-backed BMG linked to Parlophone bid
Private equity-backed music group BMG Rights Management has been linked to a bid for Parlophone Records, a section of EMI responsible for music by bands including Coldplay and Radiohead.
Hony and GCS named preferred bidders for Dexia unit
Chinese private equity houses Hony Capital and GCS Capital have teamed up to buy the asset management arm of Dexia in a deal worth €500m, according to reports.
The State at play: Italian government jumpstarts flat market
The State at play
Blackstone France appoints chairman
Blackstone's special adviser Gerard Errera has been appointed as chairman of Blackstone France.
Rothschild closes first European secondaries fund on €259m
Rothschild has held a final close for its Five Arrows Secondary Opportunities III (FASO III) fund, exceeding its initial target of тЌ200m.
Mid-cap GPs pay less than corporates as entry multiples drop
For the first time in two years, between April and June, private equity houses paid a lower median entry multiple than corporate buyers in mid-cap transactions, according to the latest Argos Mid-Market Index.
Mid-market leads value creation
Mid-market leads value creation
AIFMD having little impact on fund marketing
More than half of GPs say the Alternative Investment Fund Managers' Directive (AIFMD) has had little impact on their marketing activities with just a year to go until implementation, according to a survey by IMS Group.
Nordics' role in European PE strengthens in H2 2011
The Nordics saw a strong first half of 2012, driven by a few large deals, pushing aggregate value from €3.4bn in H2 2011 to €5bn, showing the region's resilience to the eurozone crisis and its economic strength.
Akina holds first close on €173.5m
Akina Partners has held a first close for its fifth fund-of-funds, Euro Choice V, on тЌ173.5m.
Blackstone not to replace head of European PE
Blackstone will not seek a replacement for Joe Baratta in the company's London office, according to reports.
Crédit Suisse to divest PE businesses
Crédit Suisse has announced it will sell off a number of illiquid private equity businesses within its asset management division.
China to buy LP interests from GM pension plan
The Chinese government has agreed to buy stakes in a string of private equity funds, including vehicles managed by The Carlyle Group, The Blackstone Group and CVC Capital Partners, from General Motors’ (GM) pension plan.