Luxembourg
Providence seeks M7 dividend recap
Providence Equity Partners and Airbridge Investments, the owners of satellite television company M7 Group, are seeking to reap a dividend of approximately €300m from a recapitalisation, according to reports.
Adara launches second fund
Adara Venture Partners has started the fundraising process for its second fund, Adara Ventures II, with a target of $40m, according to a Form D filing with the US Securities and Exchange Commission (SEC).
SS&C GlobeOp opens new Luxembourg office
Connecticut-headquartered fund administrator SS&C GlobeOp has opened a new office in Luxembourg.
Hogan Lovells hires team for new Luxembourg office
Law firm Hogan Lovells has hired two new partners, Pierre Reuter and Jean-Michel Schmit, to head its new Luxembourg office, which will open in the wake of the AIFMD transposition.
AIFMD adopted in Luxembourg
The AIFM directive has been adopted by the Luxembourg Parliament and will officially come into effect in the country’s law system on 16 July.
Towerbrook acquires majority stake in Metallum
Towerbrook Capital Partners has acquired a majority stake in Metallum Holding, a Luxembourg-domiciled metal refining and recycling company, from private equity firm Groupe Alpha.
CVC appoints Benelux and TMT adviser
CVC Capital Partners has appointed Tenet chief executive Duco Sickinghe to its Benelux and TMT advisory boards.
Benelux unquote" May 2013
Benelux punched above its weight in April with two private equity-backed IPOs, following on from other listings in recent weeks.
Benelux unquote" April 2013
Exits have dominated the Benelux market in the past month, but the disposals were not all good news for private equity in the region.
Benelux spirits lifted as exits rise
Benelux exits
Ogier opens Luxembourg office
Ogier Fiduciary Services, a provider of corporate, fund and private wealth administration services, has opened an office in Luxembourg.
Benelux unquote" March 2013
Banks in the Benelux are undergoing a major reshuffle, as those bailed out during the financial crisis seek to offload surplus assets, resulting in a boom for the secondaries market.
EQT appoints Nieuwenburg as new Benelux head
EQT Partners has appointed Kristiaan Nieuwenburg as partner and head of its Benelux operations.
Gimv launches Health & Care Fund
Gimv has launched a new €200m fund focused on healthcare and medical technology investments.
Van Campen Liem opens Luxembourg office
Dutch law firm Van Campen Liem has announced the opening of its Luxembourg office.
Benelux unquote” February 2013
The Dutch venture capital industry has suffered a lot in the past couple of years. While the country’s early-stage sector was growing until 2008, it collapsed entirely in 2009. Since then, dealflow has been slow. According to unquote” data, Dutch...
Private equity expected to bid for BayernLB Luxembourg unit
BayernLB (Bayerische Landesbank) is looking to sell its corporate and private banking unit in Luxembourg, according to reports.
CVC and RBS sell $290m stake in Samsonite
CVC Capital Partners and the Royal Bank of Scotland (RBS) have sold a $290m stake in Hong Kong-listed luggage brand Samsonite International, according to reports.
Apax France exits IEE
Apax France has sold Luxembourg-based sensor systems specialist International Electronics & Engineering (IEE) to a consortium including Chinese strategic investors and an international financial investor.
SJ Berwin opens Luxembourg office
SJ Berwin has opened an office in Luxembourg, which will focus on corporate finance, private equity, funds and tax.
Benelux unquote" December 2012/January 2013
Gimv leads the region’s transactions league table, having completed six deals to date in 2012. The firm’s largest investment was the January PIPE deal with frozen food producer PinguinLutosa, worth €44m.
Dechert appoints new partner
Dechert has appointed Patrick Goebel as partner in the firm's financial services and investment management division in Luxembourg.
Benelux unquote” November 2012
To date, 2012 has not been a particularly impressive year in the Benelux region activity-wise.
Pangea Investors appoints new affiliate partner
Pangea Investors has hired Paul Bijleveld as an affiliate partner in the firm's London office.