Unquote
Advent Venture holds final close of $120m fund
Advent Venture Partners has announced the final close of its Advent Life Sciences fund, having raised $120m.
Video Interview: 3i's Michael Queen
The private equity landscape has changed since the financial crisis, and firms will need to adopt new strategies to make a success of their portfolio companies, according to 3i's chief executive, Michael Queen.
Mid-market: The next big thing?
Even though big buyouts have staged a spectacular comeback in 2010, mid-market transactions are widely expected to be at the forefront of dealflow and value creation going forward т but strong headwinds could make for a rough, if ultimately rewarding,...
Secondary buyouts: black sheep of the industry?
Secondary buyouts have often come under fire, accused of offering poor returns for LPs. But new research suggests secondary returns can match those seen in primary buyouts. John Bakie investigates
Isle of Man pitches for business in the new PE environment
It may seem counter-intuitive, in a particularly bleak fundraising environment, to be heavily promoting the latest iteration of a specialist tax-efficient fund structure, but that is what the Isle of Man has been doing. Julian Longhurst investigates....
Intel Summit: The future of tech investment
The Intel Capital CEO summit not only shed a light on future technology but also brought back some well known faces. Emanuel Eftimiu reports.
CapMan sells 30% Access stake to Pohjola
Pohjola Bank plc has agreed to acquire a 40% stake in Access Capital Partners, a private equity fund-of-funds manager, from CapMan and Access’s managing partners.
Carried interest tax debate re-kindled
Carried interest earned by private equity GPs is taxed as capital gains, not as income: thatтs just the way it is. The Obama administration promised to end this tax break, but the reform was quietly swept under the carpet. However, the debate looks likely...
unquote" mobile site launched
unquoteт has launched a mobile friendly version of its website, allowing subscribers to check on all the latest deal and industry news while on the move.
Special report: unquote" Italia Private Equity Congress 2010
Economic policy, the continued strain of the recession and the importance of localism were issues high on the agenda at the fourth annual unquote” Italia Private Equity Congress.
AIFMD passes final vote
The controversial AIFM Directive was adopted in a plenary vote of the European Parliament today.
GE Capital promotes Paul Scott
GE Capital has appointed Paul Scott as both chief investment officer and head of sponsor coverage for leveraged finance in the EMEA region.
Asia's growing importance in European M&A
The sale process surrounding 3i portfolio company Hyva would not only be a major exit for the investor, but demonstrates the increasingly global nature of M&A. The proposed тЌ600m sale has received interest from not only European private equity houses,...
A new dimension
Although the secondaries market has increased substantially in size over the past few years, little progress has been achieved in making transaction processes more efficient and transparent. This could be about to change as Emanuel Eftimiu finds out....
Apax tech disposal marks venture exit
Apax Partners has sold much of its remaining venture portfolio, marking its exit from European early-stage investing. While it was once one of the largest investors in UK venture, the firm has been winding down its early-stage operations for many years....
British Private Equity Awards: Winners announced
Last night, unquote" hosted the sixth British Private Equity Awards in London.
Ernst & Young appoints Juan Costa Climent
Ernst & Young has appointed Juan Costa Climent as global leader for climate change and sustainability.
Citigroup wins EMI court battle
Citigroup last night won its court battle with Terra Firma’s Guy Hands over the buyout of troubled EMI.
The Silver Lining
The cost of the recession to private equity has been all too evident, but is there a silver lining? As we move into a period of increased movement on the exit front, some investors believe a greater understanding of what makes portfolio companies tick...
Impax announces second closing of new fund
Impax Asset Management Group plc has announced the second closing of its European renewable energy fund Impax New Energy Investors II, having raised тЌ259m of commitments.
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on тЌ420m.
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
GMT Industry Council has a new member
Bernard Gray has joined the GMT Industry Council, a network of media industry experts advising on private equity investments.