Unquote
Argos Soditic closes latest fund on €400m hard cap
Argos Soditic has closed the Euroknights VI buyout fund at its тЌ400m hardcap, following a relatively short formal fundraising period.
The year that was 2010: Mega-buyouts back in force
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...
The year that was 2010: Greek debt and green shoots
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...
2010: a step towards recovery
In the end, 2010 has turned out to be the year of the recovery. Deal activity is up, the mega-buyout has reappeared, many houses have managed to record lucrative exits and there have even been some successful fundraisings.
Active II holds first close on €25m
Barcelona-based venture capital firm Active Venture Partners has held a first close of its Active Venture II fund on €25m.
The year that was 2010: Economy fears dampen slow 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...
Buyouts spring back in 2010
Preliminary figures for the European Buyout Review 2011 confirm the general feeling in the market that buyout activity has bounced back in 2010. Emanuel Eftimiu gives an overview
A shakeout?
Remember a study titled тGet ready for the private equity shakeoutт published two years ago? Not really? To refresh your memory, it was a white paper published jointly by IESE Business School and The Boston Consulting Group and made headlines by claiming...
Fundraising market continues to confound
Fundraising conditions are at their toughest for nearly a decade and the market is awash with rumours of stalled fundraising programmes. But there are also regular reports of highly successful fundraisings that fly in the face of the current trends. Julian...
Last chance to have your say: unquote" end-of-year survey
As 2010 draws to a close the industry can perhaps breathe a sigh of relief. While it has no doubt been a difficult year, unquote.com has noted increased deal completions and more capital flowing into the market.
GP relationships under scrutiny
Both GPs and LPs expect average private equity returns to fall by as much as 10%, according to new research. The figures, gathered by bfinanceтs Global Private Equity Poll, add weight to suggestions that GPs will need to do more to differentiate themselves...
Spanish private equity goes against the grain
Spain has undoubtedly lagged behind the rest of Europe in its race to return to prosperity. However, amidst speculation regarding a national bail-out, the countryтs private equity market has shown promising signs during 2010. Susannah Birkwood reports...
Fundraising: Heavy traffic ahead
It is no secret that the private equity fundraising environment has been tough for the past couple of years. As many GPs prepare to hit the road again, current LP outlooks and strategies could result in a substantial number of players having to share...
Renewables: A maturing industry?
While the prominence of renewable energy may have faded when the financial crisis erupted more than two years ago, private equity and venture capital investors have continued to show high levels of interest in this developing industry. But what kind of...
EQT launches €350m credit fund
EQT has successfully closed the EQT Credit fund with commitments of €350m.
ATP PEP holds final close of €1bn fund
ATP Private Equity Partners, the private equity arm of Danish pension fund ATP, has announced the final close of ATP IV K/S, a €1bn fund-of-funds.
Buyouts: All-equity deals on the wane
All equity buyouts have been a common feature in the private equity market since the onset of the financial crisis. Driven by poor leverage availability and high prices at the time, this trend is now in decline as markets return to normal. John Bakie...
PE associations: Passing the torch
European private equity trade bodies are currently facing a management reshuffle, following a couple of difficult years for the industry. As much work was done to curb the most controversial aspects of the AIFM directive and generally promote private...
Electra raises £100m in bond issue
Electra Private Equity is to raise £100m to help fund what it describes as “exciting” investment opportunities.
Dörte Höppner appointed new secretary general of EVCA
The board of the European Private Equity & Venture Capital Association (EVCA) has announced the appointment of Dörte Höppner as secretary general, following the departure of Javier Echarri at the end of the year.
Cause to cancel Christmas?
With one month to go until Christmas, private equity professionals have other things on their minds than making holiday arrangements for the season.
Fund lifetimes: Extend and pretend?
With market fears that a capital overhang could encourage reckless investments and artificially high valuations, would it make sense to redesign the private equity fund model to allow for longer investment and holding periods? The argument has gained...
Clifford Chance open office in Turkey
Global law firm Clifford Chance has established a new office in Istanbul.
Secondary buyout activity stable despite market fears
Despite widespread concern over the number of secondary buyouts being seen in the market, unquoteт research suggests they are no more common today than they were in 2005. John Bakie investigates