Unquote
Alpha appoints Desplanches as managing director in France
In his new role, Desplanches will report directly to Alpha Associés Conseil president Patrick Herman
MGV holds first close for €150m early-stage fund
Fund achieves a тЌ75m first close and expects to hit its target by the end of 2020
ArchiMed appoints three new partners
Berthoux and Desmottes join as operating partners, while Philips becomes a strategic partner
GHO Capital closes second healthcare fund on €975m
Fund targets companies operating in the healthcare industry, primarily pharma, medtech and outsourced services
Warburg Pincus Global Growth Fund raises $14.8bn
Fund targets companies operating in a wide range of sectors and deploys tickets in the $50-500m range
Level 20 names Pam Jackson as new chief exec
Jackson succedes Jeryl Andrew, who will retire from the role at the end of the year
CVC closes second growth fund on $1.6bn
Fund targets high-growth, mid-market technology companies based in North America and Europe
Diversification key to mitigating downturn, say AVCJ panellists
As concerns about a looming recession abound, LPs are focusing on diversifying their portfolios
Innogest to launch trio of €100m VC funds
Healthcare and digital tech vehicles will each target 12-15 companies with €10m tickets
Correcting Alpha: fundamental flaws of IRR
Unquote sister publication Private Equity Law Report looks at how sponsors can avoid distorted calculations
BlueGem places Mamas & Papas into pre-pack, reacquires it
Sponsor has bought the company out of administration, having already owned the parent group since 2014
Team spirit: the enduring appeal of co-investment
This year, тЌ7.87bn was collected across seven co-investments funds, breaking Unquote Data records
Q3 Barometer: deal volume hits new record with mid-market push
Buyout market has been strengthening consistently and was only four deals away from hitting 300 in the third quarter
Brookfield closes BCP V on $9bn
Cayman Islands-based vehicle has held its first close on $6.5bn in October 2018
OpenGate closes Capital Partners II fund on $585m
Registered in September 2018, the new fund surpasses its $305m predecessor
FoF and co-investment fund closes boost Hamilton Lane growth
Assets under management and advice reached a combined $481bn in September
KKR European V closes on €5.8bn
KKR European V held an interim close on тЌ4.7bn in April 2019 and has a six-year investment period
ILPA mulling Europe-focused legal document Model LPA
Model LPA is designed to reduce complexity, cost and resources required when negotiating fund terms
LP Profile: Pensioenfonds PGB
Dick Tol discusses the pension fund’s investment plans, approach to responsible investing, and how its private equity strategy has taken off
Ohio pension to launch private markets co-investment programme
Co-investment programme will potentially invest in European private equity, but details are still to be determined
Direct lending growth continues unabated - report
According to Deloitte's latest Alternative Deal Tracker, €22.6bn alternative loan issuance was deployed across 178 deals in H1 2019
Fideuram launches PE fund with ESG focus
Minimum commitment for non-professional investors is set at €100,000
GP Profile: Stirling Square Capital Partners
Head of investor relations Monteiro de Barros discusses co-investing from day one and the benefits of staying small
Carlyle closes fifth Europe Partners fund on €6.4bn
Fund invests in European upper-mid-market companies across a wide range of sectors