Investec
Investec acquires majority interest in corporate finance firm Capitalmind
Transaction will see the advisory firms fully integrating their M&A and corporate finance teams
Investec, SC Lowy fire up Gaucho stake sale via Clearwater
Sponsors acquired the UK-based stake restaurant chain in 2018 following administration proceedings
Investec builds on private equity, growth equity focus with new appointment
Younger companies in focus with appointment of Kate Gribbon as sponsor coverage head
Secondaries GPs expect record 2022 – Investec
Fifth Secondaries Market Report also reveals that 97% of secondaries investors are participating in GP-leds
PE capital calls at 10-year low in 2021– Investec
Research cited the prevalence of fund financing and the increasing size of funds as reasons for the slow-down
Fund financing and ESG: from the impact niche to the mainstream
ESG-linked fund financing facilities are becoming a prominent т and well publicised т tool in the ESG toolbox for GPs and lenders
GPs increasingly ruling out investments due to ESG – survey
Majority of GPs polled by Investec have declined to invest in a company on ESG or ethical grounds
GPs dismiss Spacs' threat to dealflow, pricing - survey
UK-based GPs are most likely to dismiss the threat of Spacs entirely
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
Palatine backs Anthesis
Company intends to further boost its growth both organically and via strategic acquisitions
Investec holds first close for PDF I on €165m
Investec has originated more than тЌ5bn in loans across 200 transactions in the last decade
Ex-Investec James Stirling joins Westbrooke's debt fund
Stirling spent 14 years at Investec, most notably as head of growth and acquisition finance
Unquote Private Equity Podcast: Fund financing in a fix
The Unquote team looks at how PE managers are turning to fund financing in a bid to shore up their portfolios
Failed auctions accelerate as sellers' market peaks – research
UK accounts for 54% of failed auctions since 2015, according to the Investec research
Mayfair-backed GCI to acquire Nasstar for £79.4m
Mayfair draws equity from its second fund, which closed on ТЃ650m, to support the acquisition
Unquote Private Equity Podcast: Taking stock
Listen to the latest episode of the Unquote Private Equity Podcast, dedicated to the resurgence of take-privates
Pentech, Outward in £7m funding round for PrimaryBid
Pentech Fund III and Outward Fund VC have invested in the online investment platform
Siparex et al. acquire Sintex NP for €155m
Deal for the plastics firm forms part of the trade vendor's plans to focus on its domestic market
Investec, SVB provide £50m NAV facility to Draper Esprit
Loan has a three-year term and carries an interest rate at the Bank of England base rate +6.75%
Apollo's Watches of Switzerland announces intention to float
Earlier reports suggested the IPO could value the luxury watch retail group at up to ТЃ800m
Apollo's Watches of Switzerland mulls IPO
UK-based luxury watch retail group could reportedly have a market cap of up to ТЃ800m
Large-cap deals turbo-boost Benelux buyout market
Deals valued at more than €500m reached a post-crisis peak last year, even setting aside Carlyle's €10bn AkzoNobel carve-out
PE professionals struggling to meet higher GP commitments - survey
Trend is driven partly by an increase in fund size, but also LPs demanding more skin in the game
Strong LP appetite and creative credit to fuel DACH growth
Despite stiff competition for assets, PE firms in the DACH region hit record deal volume in 2018 and expect further growth in 2019