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France Invest seeks to capitalise on Macron's reforms
Trade body's newly appointed chair discusses plans to capitalise on reforms and bolster the popularity of the PE ownership model
Q&A: Nordic Capital's Kristoffer Melinder
Partner Melinder discusses Nordic fundraising, the increasing focus on ESG, and differentiated strategies in high-price environments
Q1 entry multiples drop to lowest level since Q1 2016
PE deal valuations drop for the third consecutive quarter, as the Nordic region continues to see the highest entry multiples
GP Profile: Mangrove Capital
An early backer in Skype and Wix, Mangrove held a final close on €200m for its fifth fund earlier this year
DACH investors turn to value creation to justify high multiples
Three of the five most active private equity firms based in the DACH region last year used non-standard investment models
Co-investment: Dancing to a new tune
Co-investment has evolved from a value-add into an industry staple, but debate remains as to whether the strategy favours LPs and GPs equally
VC fuels Europe's journey towards self-driving future
Despite the long-term nature of investing in autonomous vehicles and high barriers to entry, fund managers are finding routes into the segment
PE-backed UK IPOs outperform, but listings remain slow
Despite a strong track record, PE-backed listings have been few and far between in 2018, but signs of an increase in activity are emerging
LP Profile: Stonehage Fleming
Head of PE Clarke-Jervoise discusses the multi-family office's client base, investment strategy and recent approach to GP relationships
ESG bridges business and societal cultural gap in France
French GPs are widely adopting more proactive ESG practices in an effort to reflect the country's cultural mindset
Dutch VC activity reaches all-time high
Biotech and pharma are driving record levels of VC investment in the Netherlands, while venture fundraising continues to perform strongly
Payments sector heats up across the Nordic region
PayPal's $2.2bn acquisition of VC-backed iZettle highlights the Nordic region's leading position in the payments tech market
Italian PE enjoys vibrant Q1 despite political uncertainty
Buyout and exit activity in the country ballooned in the first quarter of 2018, despite the prolonged uncertainty surrounding the general election
LP Profile: Pantheon
Managing partner Ward talks to Unquote about the resurgence of separate managed accounts and shying away from first-time funds
Debt funds carve out niche in Polish lending market
Alternative credit providers are pursuing smaller, more complex transactions and are often willing to invest alongside traditional lenders
French fundraising on course for bumper year
Country has seen funds closing with a combined €6bn in commitments in Q1, more than half the total seen in 2017 as a whole
Alliance of equals: PE's evolving buy-and-build approach
Portfolio companies are increasingly making larger bolt-ons, as GPs look for new ways to boost returns in a market with high entry multiples
GP Profile: Baird Capital
Partners from the firm's three regional teams discuss Baird's new global approach to capital deployment and its future plans
Local GPs rule the roost in Turkish mid-market
International investors struggle to gain a foothold in the Turkish mid-market as local networks provide domestic firms with a headstart
LP Profile: Hamilton Lane
Firm's managing directors Strang and Lei Ortiz discuss the merits of smaller relationship pools and how ESG is at the heart of its activities
Q1 Barometer: Mega-deals propel value to post-crisis record
Deal volume reached the second highest quarterly level in two and a half years, while aggregate value climbed to тЌ54bn
Sino-French PE relations move forward
Chinese trade buyers, GPs and LPs are increasingly active in the French market as the number of funds with Sino-French strategies increases
Mid-market leverage continues upward creep
High price tags, limited assets and cheap debt are helping to push up leverage boundaries in the European mid-market once again
Dutch finance minister hails mature PE market
Wopke Hoekstra recently addressed parliament to endorse a social impact study by the University of Amsterdam, which was supportive of the impact of PE