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Call centre investments: Supporting the recovery
During the downturn, private equity firms invested defensively, particularly in the outsourced services sector. Now the economy is recovering, investors are looking to benefit from what is widely seen as a consolidating market. Mareen Goebel gives an...
Lehman mezzanine unit spun-out to Neovara
Lehman Brothers European Mezzanine Partners has been spun-out by its management team.
LPs speak out on private equity communications
In a recent study undertaken by IE consulting, 60 Limited Partners from across the globe were invited to share their thoughts on the effects of the financial crisis on their private equity investing and to rate how well their private equity fund managers...
Chemicals: Is private equity getting the mix right?
While the alchemists of old never succeeded in turning lead into gold, private equity investors are seeing opportunities to profit from the chemicals sector. With a swathe of recent activity in the industry, including a major exit, chemicals companies...
3i returns up in 2009/10
3i made a gross portfolio return of £843m according to its full year results, after suffering losses in excess of £2bn in the previous financial year.
Next Wave-backed TORA invests in Simply Zesty
Next Wave Partners portfolio company The Oxford Research Agency (TORA) has acquired a minority share in Irish online public relations and social media agency, Simply Zesty.
Take-privates: Private equity firms scan the market
Despite a broad recovery in world stock markets, listing portfolio companies has been somewhat hit and miss in early 2010. While few companies have made the leap to public ownership, there have been a string of take-private deals in recent months, suggesting...
Fortis sells fund administration arm to Credit Suisse
Fortis Bank Nederland (FBN) has agreed to the sale of its fund administration unit, Prime Fund Solutions(PFS), to Credit Suisse.
Close Brothers Corporate Finance renamed
Close Brothers Corporate Finance (CBCF) has been renamed DC Advisory Partners, following its acquisition by a Japanese investment bank.
Criteo achieves $7 million in series-C funding
Criteo has raised $7m from Bessemer Venture Partners in a series-C funding, bringing total fundraising to $24m.
Next stage in AIFM vote delayed
The latest vote on the Alternative Investment Fund Managers (AIFM) Directive has been delayed until 17 May.
3i appoints Sir Adrian Montague as chairman
The board of 3i Group plc has appointed Sir Adrian Montague CBE as chairman, effective following 3iтs AGM in July 2010.
BoA staff to launch private equity firm
Several Bank of America (BoA) staff are leaving the group to form a private equity firm.
GP communications missing a trick
Many of Europeтs most prolific later stage investors have some way to go before they can consider themselves truly transparent, as Emanuel Eftimiu finds out.
Herkules buys Norwegian sportswear maker ODLO
Herkules Private Equity has signed an agreement to buy Norwegian sportswear manufacturer, ODLO Sports Group.
Primary Capital promotes Alec Parkinson to assistant director
Primary Capital has promoted Alec Parkinson to the position of assistant director, and has also expanded the team with the hire of Oliver Melliss, as associate.
NB's debt fund to raise $150m in LSE float
Neuberger Berman has set out plans to float its NB Distressed Debt Investment Fund on the London stock Exchange's Specialist Fund Market in a bid to raise over $150m for investments in distressed debt.
Gaming investments still worth a punt
Once considered a happy hunting ground for private equity, some gaming investments have turned sour in the past couple of years as many businesses have had to restructure their debt. That does not mean there are not profitable investments to be had, as...
GMT hires TMT specialist from Cinven
GMT Communications Partners has announced the appointment of Stefan Franssen as partner.
Advent appoints operating partner for business services
Advent International has appointed Kevin Beeston to its operating partner programme.
Law firms Hogan and Lovells merge
Law firms Hogan & Hartson and Lovells have merged to become Hogan Lovells.
Poundland: Advent sees the pounds roll in
This morning, Advent International successfully sold discount retailer Poundland, as part of a secondary buyout by Warburg Pincus.
IPO exits: The two faces of public markets
This month saw the biggest private equity IPO since the financial crisis hit, with Amadeus IT Holdings, a travel reservations specialist, listing on the Spanish stock exchanges, raising €1.33bn. John Bakie reports
Carlyle buys Stanfield's $4.2bn CLOs
Carlyle has announced plans to purchase $4.2bn worth of collateralised loan obligations (CLO) from Stanfield Capital Partners, as part of a $5.1 credit portfolio purchase.