Unquote
VCT community attracts two new entrants
Investor demand for tax-efficient vehicles is luring newcomers into the VCT space, with two launched today.
Exits: Light at the end of the tunnel?
As 2010 saw buyout activity resurge from an exceptionally quiet 2009, the PE-industry was hoping the exit market would also come alive. Last year however proved to be far less favourable for the exit market than many had hoped for. Is this about to change...
South Africa congress looks ahead
unquoteтs 4th annual South Africa Private Equity Congress kicks off in two weeksт time, and will see many of Africaтs biggest investors come together to discuss the issues facing this up-and-coming market.
Carlyle buys AlpInvest
Carlyle Group has acquired AlpInvest Partners as part of a joint venture with AlpInvestтs management team.
Cipio hits €137m final close for Fund VI
Direct secondaries specialist can now invest in US.
Deal activity down but buyouts surge ahead
Private equity deal activity fell for a second consecutive quarter at the end of 2010 despite widespread optimism over the marketтs outlook, according to figures from the latest unquoteт Private Equity Barometer.
Foresight, Clearwater team up to offer £20m VCT
Foresight Group, an independent alternative asset manager, has teamed up with Clearwater Corporate Finance to launch a ТЃ20m venture capital trust (VCT) to invest in UK businesses seeking under ТЃ10m of capital.
Have your say: Industry positive on 2011 dealflow
Readers of unquoteт are positive about the outlook for this year, but remain concerned about the future, according to our end of year survey.
Next Wave closes second fund on £27m
Next Wave Partners has closed its second fund on ТЃ27m, exceeding its initial target.
Portfolio companies paying down debt piles
Like many industries, private equity was hit hard by the financial crisis and ensuing recession, with tough fundraising conditions, few exit opportunities and widespread restructurings. But new research from SVGA suggests private equity has strengthened...
Campbell Lutyens appoints General Counsel
Private equity adviser Campbell Lutyens has appointed Penny Walker as general counsel.
Recruitment services: On the rebound
Private equity investments in specialist recruitment firms have been fashionable in the second half of 2010, as savvy players aim to take advantage of a domestic economy on the rebound and consolidation opportunities in the sector. Greg Gille reports...
Hands appeals against Citi ruling
Terra Firma CIO Guy Hands has appealed against the US court ruling that cleared Citigroup of all charges in the EMI case, according to reports.
Aztec Group appoints Brian Blakemore
Brian Blakemore has joined Aztec Group to head up the companyтs advisory panel.
AlixPartners announces promotions and new appointments
Business advisory company AlixPartners has promoted Sanjay Bailur and David Hewish to the posts of managing director in London.
European buyouts triple in 2010
Buyout activity across Europe bounced back in 2010, lifted by a resurgent mid-market as well as several transactions at the top end of the value spectrum. The overall value of buyouts totalled тЌ63bn last year, a substantial increase from the тЌ24bn recorded...
DC Advisory Partners announces growth plans
DC Advisory Partners has announced plans it is to strengthen its business across Europe.
M&A and tax law firm Bichot & Associés launched
Bichot & AssociУЉs, a law firm specialising in M&A and taxation, has launched.
Dale Pfost joins Advent Venture Partners
Advent Venture Partners has appointed Dale Pfots as a partner.
Investec announces new specialist capital originator
Callum Bell has joined Investec Capital Markets as a specialist capital originator. He will be leading the origination and execution of financing products for business.
Consumer sector leads buyout recovery
Consumer-centric companies were a major focus for buyout investors in 2010, despite the sector's struggle during the recession years. John Bakie investigates
Linpac offloads five assets to Chamonix
Direct secondaries specialist Chamonix Private Equity has completed the institutional buyout of five non-core businesses from Linpac Group.
Mid-cap and emerging markets to shine in 2011
The year ahead will be the golden age the industry's awaited for two years. But the rich pickings will be limited, with the mid-cap and emerging markets ripe for investment. John Bakie gives an overview
The year that was 2010: Cold weather fails to put freeze on recovery
As the end of 2010 approaches, it will likely be remembered as a year of considerable uncertainty. Fear of a double-dip recession, major debt crises, a fragile economic recovery and the return of mega-buyouts are among the major developments affecting...