Unquote
Pledge funds not a panacea, says SJ Berwin's Sonya Pauls
Speaking at the annual unquote" CEE Private Equity Congress in London today, SJ Berwin partner Sonya Pauls highlighted the advantages of the currently popular deal-by-deal fundraising model, but also warned about its shortcomings.
CVC Credit Partners appoints Hickey as partner and CRO
CVC Credit Partners has hired Stephen Hickey as partner, chief risk officer and member of the management committee.
Climate Change Capital acquired by corporate
Cleantech-focused PE house Climate Change Capital (CCC) has been acquired by NYSE-listed agribusiness Bunge.
MTI leads £3.8m round for Manchester Uni spinout Arvia
MTI Partners, Sustainable Technology Investors Limited, Park Walk Advisors and other investors have backed technology company Arvia Technology with ТЃ3.8m.
Better Capital acquires 90% of Jaeger Group
Better Capital has bought a majority stake in UK fashion house Jaeger Group for ТЃ19.5m.
TRS head of PE steps down
Steve LeBlanc, head of private market investments at the Teacher Retirement System of Texas (TRS), will step down from his position in June and return to the private sector.
Morgan Stanley AIP raises $1.3bn
Morgan Stanley Alternative Investment Partners has secured a total of $1.3bn in commitments for two of its funds.
Equistone fund holds fourth close on €1bn
Equistone Partners Europe Fund IV has held a fourth close on approximately €1bn.
CEE activity: bottomed out?
Next weekтs CEE unquoteт Congress will reveal reader sentiment for CEE prospects.
HSBC sells remaining Montagu stake
HSBC has sold its remaining 19.9% stake in Montagu Private Equity to the management team, which spun the business out in 2003.
Duke Street leads £37.5m SBO of LM Funerals
Duke Street, Babson Capital Europe and Metric Capital Partners have acquired LM Funerals from Sovereign Capital.
China Sovereign fund European PE head quits
The European head of private equity at China Investment Corporation has resigned after only four months in office.
Declining activity belies venture successes
Although European venture capital activity decreased by 12% to €974m last year, 2011 saw a number of sizeable fund closes as well strong exits, indicating fresh appetite for the asset class.
Mangrove Capital Partners hires ex-FC Barcelona vice-chairman
Marc Ingla has joined Luxembourg-based VC firm Mangrove Capital Partners as a partner.
Lenders urge GPs to talk about refinancing
The well-documented 2014 “wall of debt” is pushing many GPs down the refinancing route. Easier said than done given the current lending climate – but early birds could stand a better chance of catching the proverbial worm. Greg Gille reports
Corporates make push into venture capital
As Europe’s newest corporate venture fund makes it first investment, figures suggest corporates are making a heavy push into early-stage financing. Greg Gille investigates.
Portfolio companies optimistic on 2012
Portfolio companies have an increasingly positive outlook for the future despite ongoing concerns regarding the economy, according to a PricewaterhouseCoopers survey.
Cognetas rebrands as Motion Equity Partners
Mid-market firm Cognetas has been rebranded as Motion Equity Partners, operating out of Paris and Milan.
EU Commissioner disregards AIFMD lobbying efforts
Lobbying efforts from the alternative investments sector will not have a major influence on upcoming EU regulation, says an EU commissioner.
Denham Capital closes $3bn fund
US-based Denham Capital has closed its sixth global energy and resources-focused fund on $3bn.
PE-backed floats stage a comeback
The Ziggo float – and strong post-float performance – illustrates that PE can still pull off a strong exit on the public markets. Kimberly Romaine talks with Warburg Pincus’ Joe Schull about strategies for floating a business in today’s market.
Europe's IPO comeback
Private equity-backed IPOs have had a rollercoaster ride in Europe over the last five years.
Business Growth Fund: Myth versus reality
The newest kid on the block т made up of lots of the old boys in the industry т is struggling to make friends. People say the Business Growth Fund (BGF) is too big and too threatening. But is the BGFтs reputation warranted? Kimberly Romaine investigates...
unquote" regulation update: Dodd-Frank
In this week's unquote" regulation update, Anneken Tappe looks at the latest developments regarding the Dodd-Frank Act.