Luxembourg
Gentoo Fund Services expands into Europe with SHRM purchase
Acquisition adds 13-strong Luxembourg team to fund administrator
Summit Partners divests Multifonds for €235m
Trade sale brings Summit's nine-year holding to an end
No municipal business tax for AIFs, says Lux authority
Luxembourg tax authority states AIFs under AIFMD not considered commercial
Comoi launches €500m Italian credit fund
Vehicle will focus on export-focused SMEs
Benelux activity strengthens despite controversies
From LuxLeaks to a $250m funding round – Benelux experienced a varied year
Gimv et al. invest €12m in Teads
Company is potentially planning a listing on Nasdaq this year
LuxLeaks: tax exposure not the issue
Leaked tax rulings from Luxembourg cause unexpected irritation for private equity
Carlyle, EQT, Nordic Capital tax structures exposed in Luxembourg leak
Leaks include information about tax structures and specific deals
Benelux sees summer uptick
Despite the summer break the Benelux region has seen strong dealflow
Carlyle completes Traxys deal
GP invested alongside Moore Capital's Louis Bacon
Providence et al. sell majority stake in M7 to Astorg
Providence will retain a minority stake
Blackstone acquires Lombard for €399m
Increased vendor loan note could bring amount owed by Blackstone to €449m
BalaBit raises $8m from new cyber security fund
New fund has $125m target
Newion invests $1.7m in Maps
Seventh deal for Newion II vehicle
VC-backed Teads and Ebuzzing join forces for future Nasdaq listing
Backers include Gimv, Partech and Elaia Partners
VC firms exit Activaero in trade sale
€130m proceeds to be split between cash and shares
German PE tempted by allure of Luxembourg LPs
With a government promising to keep industry regulation fine-tuned to the benefit of its denizens, Luxembourg has become a hotspot for GPs in post-AIFMD Europe. Ellie Pullen reports
IK’s Vistra buys HVK
IK Investment Partners-backed Vistra Group has acquired the HVK Family Office Services (HVK FOS) division of Netherlands-based consultancy firm HVK.
Deutsche Private Equity buys Zellbios from Ergon
Deutsche Private Equity (DPE) has acquired Luxembourg-based pharmaceuticals firm Zellbios from Ergon Capital Partners.
German Unicredit unit divests part of PE portfolio
The German subsidiary of Unicredit has sold part of its private equity portfolio to newly founded SwanCap Investment Management.
Alter Domus poaches JP Morgan’s PE head
Patrick McCullagh, Alter Domus
Hauck & Aufhäuser hires new head of Luxembourg office
Hauck & Aufhäuser has appointed Marc Kriegsmann as the new managing director for Hauck & Aufhäuser Alternative Investment Services.
Aztec Group appoints new COO
John Gavey, Aztec Group