United Kingdom
UK & Ireland unquote" 19 September 2011
unquoteт has learned that fund-of-funds Capital Dynamics has seen 10 staff depart recently. Some of the moves stem from the closure of its Switzerland-focused investments in clean-tech.
Pantheon announces private equity programme
Fund-of-funds investor Pantheon has launched a global private equity co-investment programme together with German pension fund Bayerische Versorgungskammer (BVK).
TA Associates hires Dietrich Hauptmeier in London
TA Associates has hired Dietrich Hauptmeier as Senior Vice President in its London office.
LPs welcome Dodd-Frank but GPs worried
It may be more cumbersome regulation which will see scores of PE firms tightening their compliance regimes over the coming weeks, but a raft of LPs are embracing the introduction of the Dodd-Frank Act. Susannah Birkwood reports
MMC leads £2.75m round for Base79
MMC Ventures has led a ТЃ2.75m financing round for online content publisher Base79.
Baird adds chairman; Appoints new head of European investment banking
Baird International has appointed David Silver as head of European investment banking as part of a major change at the top of the company.
Investors shift focus on healthcare funding
Medical industries are often seen as a safe haven for investors in difficult times, proving to be robust and anti-cyclical as consumers cut down on luxuries to maintain spending on lifeтs essentials. But there are two very different stories in todayтs...
August-backed FSP acquires 14th bolt-on
Funeral Services Partnership, a portfolio company of August Equity, has completed its 14th bolt-on with the acquisition of the Hampshire-based Brian Wilton Funeral Home.
Kelso Place appoints new partner
Special situations investor Kelso Place Asset Management has appointed Philip Dougall as partner to its London-based investment team.
August Equity's Lifeways bolts on Inclusive and Support
August Equity-backed supported living provider Lifeways has signed off its 10th acquisition following the bolt-ons of Inclusive Holdings and Support Options.
UK hit by lack of larger deals
Amid a welcome recovery across the board, the European buyout landscape is markedly different from last year, with the UK registering a noticeable setback. Greg Gille reports
UK & Ireland unquote" 5 September 2011
Private equity firms are unlikely to show much appetite for struggling 3i-backed Chorion, the owner of the Mr Men franchise, corporate finance adviser Jeremy Rayment said last week.
VC-backed PolyTherics raises £2.15m
Imperial Innovations Group, YFM Equity Partners and ProVen Health VCT have provided UK-based biotech company PolyTherics with ТЃ2.15m of funding.
Carlyle float may herald market peak
The buyout titan may actually be timing the market well. Kimberly Romaine reports.
BGF announces communications director
Jon Rhodes has been appointed director of communications and marketing for the Business Growth Fund (BGF).
Chris Hanna joins Electra Partners
Electra Partners has appointed Chris Hanna as an investment partner.
IMS Group adds three compliance consultants
Compliance and regulation consultancy IMS Group has hired Diana Stevens, Cynthia Griffith and Daniel Sharpe as compliance consultants.
August-backed Lifeways acquires SLC
Lifeways Community Care, a portfolio company of August Equity, has bought SLC Group, thus completing its eighth bolt-on acquisition since 2007.
ISIS exits SLC via trade sale
ISIS Equity Partners has sold UK-based SLC Group, a provider of supported living and domiciliary care services.
F&C appoints associate director
F&C Investments has appointed Stuart Hastie as associate director for its Edinburgh office.
BGF adds new investment director
Duncan Macrae has joined the Business Growth Fund (BGF) as an investment director.
Clyde Blowers Capital sells Clyde Union Pumps for £750m
Industrial investment company Clyde Blowers Capital has sold its Scottish portfolio company Clyde Union Pumps to American Fortune 500 company SPX Corporation for ТЃ750m.
Bridgepoint acquires four businesses from Hampson
Bridgepoint Development Capital (BDC) has acquired four businesses from Hampson Industriesт Aerospace Components & Structures division for $84m.
Sofinnova leads £6m investment in Mission Therapeutics
Sofinnova Partners has led a ТЃ6m funding round for Cambridge-based drug development company Mission Therapeutics.