Unquote
CalPERS appoints new private equity investment executive
The California Public Employeesт Retirement System (CalPERS) has appointed Real Desrochers as its new private equity investment executive.
Mezzanine: Waiting for the rain
Mezzanine players have endured a drought for some time now. The first rain clouds may just have appeared on the horizon, as Emanuel Eftimiu finds out.
Apax Partners launches €9bn fund
Apax Partners is currently marketing its eighth fund and is aiming to raise at least €9bn, according to media reports.
Large exits up 60% year-on-year
So far, 2011 has seen a surge in exit activity for private equity funds, with large-scale divestments seeing a significant recovery in particular. John Bakie gives an overview
Southern Europe unquote" out now
The latest digital edition of Southern Europe unquote” is out now, bringing you all the latest deals, exits and analysis from the region.
CapMan announces new partners
Jonas Lagerstedt has been appointed as a partner at CapMan Buyout effective from 15 August 2011 and Ikka Tomperi as a partner at CapMan Real Estate from 1 July 2011.
Swathe of PE exits expected this year
Private equity firms are looking to exit a large number of their portfolio companies in the coming 12 months, according to Grant Thornton UK's latest Private Equity Barometer.
Leahy hire bolsters CD&R
Clayton, Dubilier & Riceтs hiring today of ex-Tesco CEO Sir Terry Leahy as a senior adviser certainly reinforces the firmтs commitment to having operational experts on the payroll.
On the road again
Fundraising of course is the name of the game at the moment. After a two year lull, many houses are already on or expected to hit the fundraising trail this year. EQT is currently looking to raise €4bn for its latest buyout vehicle, on a par with its...
Can venture cash in on Skype success?
Venture has just cashed in on Skype – again. Such successes are rare, meaning LPs need more convincing before investing more in the asset class. Viktor Lundvall investigates
Listed FOF coup: Mantra seeks Alpha
The latest bout of shareholder activism involves the well known Guy Wyser-Pratte and an attempt to dethrone Alpha Associates as manager of listed fund of funds Private Equity Holding.
PE jobs debate returns after Amdega collapse
The impact of private equity on job creation in the wider economy has always led to heated debates, being both hard to evaluate properly and politically sensitive. Recent news might revive the argument. Greg Gille reports
SJ Berwin names eight to partnership
SJ Berwin has promoted eight of its lawyers to partner.
Bregal named as mystery suitor for IFG
The firm eyeing up IFG Group plc is said to be Bregal Capital, according to a source close to the deal.
Easter sees double secondaries deals
The Easter weekend has seen major developments in the secondaries market, with both HarbourVest and Eurazeo attempting to expand their presence through acquisitions. John Bakie reports
Interview: BVCA's Mark Florman
Mark Florman took over as CEO of the British private equity association BVCA in March. Fundraising, regulation, public image... Florman talks to Greg Gille about the challenges currently faced by the industry.
KKR and Advent circling Lafarge gypsum arm
KKR and Advent are among the potential private equity buyers circling cement maker Lafarge's European gypsum division, according to media reports.
Escape from captivity
Erstwhile captives now form the backbone of Europe’s mid-market. But success is not a foregone conclusion, as a handful of firms have illustrated. Spain's Portobello Capital is the latest to test the waters. Susannah Birkwood investigates.
Banks move to offer free placement services
Banks are taking on mandates to drive future revenues from ancillary services. But you pay for what you get: lesser established GPs will still need the hands-on approach independent advisers offer. Kimberly Romaine reports.
VCT fundraising – a bumper year?
This yearтs ТЃ365m total fell short of some estimates for VCT fundraising activity. However the sum hides some very positive developments for the industry: namely a relaxation of investment rules, as well as a reinforcement of the delineation of the Best...
Commercial due diligence: Under the microscope
Following the shocks of the financial crisis, banks are slowly returning to lending. However, given recent experiences they are scrutinising portfolio companies more intently than ever before, changing the role of due diligence. John Bakie investigates...
unquote" Annual Review 2013
The premier reference resource on European Buyouts
Mid-market buyouts: Valuations taking off?
According to the recently released Argos Mid-Market Index, the median EBITDA multiple paid in private equity buyouts increased in the second half of 2010. Greg Gille takes a look at the factors driving prices up.
Apollo listing raises $565m
Apollo Global Management has raised $565m in a delayed IPO.