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Lexington Partners holds interim closing on $3bn
Secondaries specialist Lexington Partners has held an interim closing of its seventh fund, Lexington Capital Partners VII, on just over $3.1bn.
Apollo to offer $50m worth of shares in IPO
Apollo Management is considering offering up to $50m worth of shares in an IPO on the New York Stock Exchange, according to a regulatory filing revealed yesterday.
Kabel Deutschland – will it perform?
Today saw the eagerly-anticipated debut of Kabel Deutschland’s shares on the Frankfurt Stock Exchange. Although the listing is currently trading at par, the question remains if the IPO will live up to expectations. Mareen Goebel reports
KRS appoints Arcano to manage European PE investments
US limited partner The Kentucky Retirement System (KRS) has mandated Spanish asset management firm Arcano Capital with its European and Latin American private equity investments.
Lazard names Bucaille new CFO, when Castellano retires in 2011
CFO of asset management and financial advisory firm Lazard, Michael J. Castellano, has announced he intends to retire end of March next year. Deputy CEO of Lazard's Paris branch, Matthieu Bucaille, will succeed Castellano as CFO.
Lazard names Bucaille new CFO, when Castellano retires in 2011
CFO of asset management and financial advisory firm Lazard, Michael J. Castellano, has announced he intends to retire end of March next year. Deputy CEO of Lazard's Paris branch, Matthieu Bucaille, will succeed Castellano as CFO.
Carlyle and EDF launch green analysis tool
The Carlyle Group and Environmental Defence Fund (EDF) has launched EcoValuScreen, a green analysis tool to be used in the due diligence processes before making an investment.
Atomico closes second fund on $165m
Early-stage technology investor Atomico has closed its second fund, Atomico Ventures II, on $165m.
Novitas hires Vareika; opens Luxembourg office
Corporate finance advisory firm Novitas Partners has hired Michale Vareika to head up its new Luxembourg office.
Taking stock of asset-based lending
ABFA's latest stats show a decrease in asset-based lending last year. But there are promising signs that the demand for this product could rise in 2010. Deborah Sterescu reports.
French PE subsidiaries change hands
Consolidation in the French private equity market continues at pace: Natixis is closing in on a deal with Axa Private Equity over the sale of a part of its private equity division, while the IDI Group has acquired AGF Private Equity from Allianz France....
CalSTRS appoints director of private equity
CalSTRS, the California State Teachers' Retirement System, has named Margot Wirth as director of its $16.8bn private equity portfolio.
KKR's European music rights giant is taking shape
EMI's documented struggles to keep afloat may well lead to the overdue consolidation of the music rights industry. Mareen Goebel investigates
Hawkpoint recruits directors to lead expansion into Germany
Corporate advisory Hawkpoint has appointed Richard Markus and Warren Scott as managing directors and co-heads of its German operations, from 1st June 2010.
Riverside promotes five in European team
Riverside has promoted Peter Parmentier to European general counsel, as well as four other promotions in the firm's European team.
EVCA survey points to AIFM danger
While many had been nervously anticipating the decision on the AIFM directive today, it seems that everyone will have to wait a little longer, as the topic was taken off the agenda at the EU finance ministers' meeting, in what is seemingly a positive...
ICG reshuffles leadership as strategy changes
Intermediate Capital Group has announced that its chief executive Tom Attwood has stepped down and will be succeeded by Christophe Evain, who has so far been responsible for the Asian business.
Adveq hires Hricko and de Vaivre
Global fund-of-funds Adveq has appointed Tomas Hricko as head of its new product management and development team, and Alexandre de Vaivre as executive director and head of Adveq's European client relations.
Online retail added to basket
The retail sector has seen increasing dealflow of late with the online sub-sector remaining largely unaffected by economic woes. Mareen Goebel investigates
The public-to-private riddle
Public-to-privates appear to be back in vogue. But why were they so conspicuously absent when stock prices were bottoming out and why are they back now on the back of a prolonged rally? Ashley Wassall investigates
EVCA conference: clear and present danger ahead
The EVCA conference examines the state of private equity and highlights the threat posed by the AIFM directive. Emanuel Eftimiu reports from Geneva
NBGI Private Equity promotes four
UK-based small- to mid-market private equity firm NBGI Private Equity has promoted Richard Babington and Lawrence Dean to associate directors, and Miles Otway and Adam Lewis to associates.
Private equity puts retail on the shopping list
Quite surprisingly, the retail sector has been generating significant interest from private equity as of late, indicating that this area of the market has the potential to return to its pre-credit crisis glory. Deborah Sterescu reports.
Advent appoints operating partner for health sector
Advent International has appointed Christian Grenier as operating partner. He will provide advice on investment opportunities in the healthcare and specialty chemical sectors.