Unquote
Advent hires operating partner
Advent International has appointed Christopher Fraser to its operating partner programme.
Private equity nursing healthcare providers
The beginning of the year has seen private equity investors eager to tap into Europe’s healthcare services market, with a string of deals being completed both in the UK and on the continent. Could this growing and resilient sector be the perfect investment...
ISS IPO postponed
EQT and GS Capital Partners have pulled the IPO of Danish outsourcing group ISS at the last minute, according to reports.
Deutsche unquote" out now!
The latest digital edition of Deutsche unquote” is out now, looking at the state of the German venture industry, which is today dominated by government-backed players.
Apollo to list on NYSE in coming weeks
US fund Apollo is planning to list on NYSE in the coming weeks, according to media reports.
PE-backed IPOs: Set for a comeback?
The difficulties encountered by private equity-backed IPOs in 2010 reignited the debate on the public markets’ cautious attitude towards such assets. A seminar hosted by Taylor Wessing today saw industry participants discuss what is on the cards for 2011,...
Bernard Bourigeaud joins Advent International
Advent International has appointed Bernard Bourigeaud as an operating partner. He will advise the firm on investment opportunities and supporting portfolio companies in the business and financial services sector.
YFM Equity Partners announces new North West head
Joseph Bergin has been hired by YFM Equity Partners to head up the firm's operations in the North-West of England.
Latest Nordic unquote" out now!
The latest edition of Nordic unquote" looks at the spectacular growth of the secondaries market last year, a trend that is likely to continue in 2011.
Quantifying alpha
Alpha does indeed exist, and is strongest in private equity deals with active ownership; particularly when frequent interaction with - and even changing of - management is involved.
ACG acquires Gimar fund of funds
ACG Private Equity has acquired Gimar Capital Investissement, a fund of funds management company, from Gimar Finance.
CalPERS appoints CRO
The California Public Employees' Retirement System (CalPERS) has appointed Larry Jensen as chief risk officer, a new position.
Multiple worries
According to the man on the street, multiples nowadays stand at around 7x EBITDA for assets, up to 9x if it’s a ‘quality asset’ (meaning it stands at 9x, since I know of no GP willing to admit he buys low-quality assets). This is down markedly from the...
General Atlantic-backed Privalia acquires Palamon's Dress for Less
General Atlantic, Highland Capital Partners, Index Ventures and Insight Venture Partners have injected €88m of new equity into Spanish private online sales club Privalia.
Challenges in Fund Raising - Implementing Successful Strategies
The myriad fund launches expected for this year will need to demonstrate cohesion, distinction, LP-friendly terms and structures in line with new regulations.
French retail funds: Feeling the strain
FCPI and FIP retail vehicles have been a major source of funding for innovative French SMEs in recent years. But according to a study carried out by French trade body AFIC, these funds attracted fewer commitments in 2010. Is a tougher economic environment...
Financial modelling: Looking into the future
Banks have become more selective in providing debt financing following the worst financial crisis in living memory. Being able to predict what the future holds has therefore become more important and a high quality forecast model can improve confidence...
Southern Europe unquote" out now
The latest edition of Southern Europe unquote” looks at the difficult landscape ahead of fundraisers amid growing competition in the market.
Caird to cash in on PSN
Caird Capital is set to make a stellar return on the sale of PSN once the $1bn sale to Wood Group completes.
KKR appoints European head of special situations
KKR has appointed Mubashir Mukadam as its European head of special situations.
Michael Rice joins Endless
Turnaround investor Endless has appointed Michael Rice as an investment executive. The announcement takes the companyтs team to 17 investment professionals.
Foresight Group expands its solar team
Ricardo PiУБeiro has joined Foresight Group's solar investment team as an investment manager.
Pantheon bolsters business development team
Fund of funds investor Pantheon has appointed three new hires to its business development team in Europe and North America.
Kirkland & Ellis has two new partners
Kirkland & Ellis International has expanded its European antitrust and competition practice group by adding partners Shaun Goodman and Sarah Jordan to its London office.