United Kingdom
3i debt arm increases AUM by €2bn
3i Debt Management (3iDM) has added €2bn to its assets under management with the purchase of seven collateralised loan obligation (CLO) management contracts from investment manager Invesco.
CVC's Formula One postpones IPO
CEO Bernie Ecclestone told Reuters that the IPO of CVC-backed Formula One Group on the Singapore Stock Exchange may be postponed to later this year.
EU relaxes VCT scheme requirements
The European Commission has enhanced its state aid approval for the UK's Venture Capital Trust (VCT) scheme, loosening both requirements and restrictions on maximum funding.
Dunedin sells Capula to Dutch trade buyer Imtech
Dunedin has sold Capula, a provider of IT systems solutions to energy operators, to Dutch Engineering company Imtech.
Social Action Fund backs Impetus Trust
Venture philanthropy organisation Impetus Trust has received a £310,000 investment from the Social Action Fund.
Enterprise Ventures and PHD Equity Partners invest in Barber
Enterprise Ventures (EV) and PHD Equity Partners have invested £2.7m in the £4.4m all-equity buyout of British equipment supplier Barber.
RIT partners with Rockefeller Financial Services
Investment trust RIT Capital Partners and asset manager Rockefeller Financial Services have announced the creation of a strategic partnership between the two entities.
Hermes appoints new CEO
Hermes Fund Managers has promoted Saker Nusseibeh to the role of chief executive officer.
Finance Wales backs QPC with £2.3m
Finance Wales has invested £2.3m in Welsh information technology company QPC.
Terra Firma head of IR quits
Terra Firma’s head of investor relations Kamal Tabet has left the firm after only 11 months.
LDC-backed Avelo acquires TrigoldCrystal
LDC portfolio company Avelo has completed the strategic acquisition of London-based mortgage solutions provider TrigoldCrystal.
Carlyle backs Avail-TVN with $100m for On Demand acquisition
The Carlyle Group has provided $100m in growth capital to US video provider Avail-TVN to acquire UK-based On Demand Group.
CVC reduces stake in F1 prior to IPO
CVC Capital Partners has sold a $1.6bn stake in Formula 1 Group to BlackRock, Waddell & Reed and Norges Bank Investment Management prior to the company's IPO, according to reports.
unquote" British Private Equity Awards
The 2012 unquote" British Private Equity Awards will be held in London on Thursday, 4th October.
notonthehighstreet.com receives £10m series-D funding
Fidelity Growth Partners Europe (FGPE) has joined previous investors Index Ventures and Greylock Partners in a £10m funding round for UK online business notonthehighstreet.com.
Ingenious expands corporate finance team
Ingenious Media has recruited new corporate financiers David Brooks and Toby Ramsden, who will join as managing directors.
DFJ Esprit appoints Peter Keen as venture partner
DFJ Esprit has hired Peter Keen as a new venture partner, specialising in medical technology and life science investments.
David Rolfe joins NVM Private Equity
David Rolfe has been appointed as investment partner for the South of England at NVM Private Equity.
£70m restaurant bill could generate 2x for Caird
Caird Capital may be about to exit its minority stake in restaurants chain D&D London.
Montagu's Host Europe buys Mesh Digital
Montagu-owned Host Europe Group (HEG), a London-based web hosting business, has acquired domain registration services provider Mesh Digital.
Vista Equity Partners closes fourth fund on $3.5bn
American GP Vista Equity Partners has held a $3.5bn final close for VEP Fund IV.
LDC buys Ocean Outdoor from Smedvig
LDC has completed the £35m buyout of UK digital advertising firm Ocean Outdoor from Smedvig Capital.
Simon Borrows steps in as 3i CEO
3i Group has officially appointed Simon Borrows as CEO, taking over from Michael Queen with immediate effect.
Baird acquires e2v technologies spin-off for £15m
Baird Capital Partners Europe has acquired the instrumentation solutions business of listed UK firm e2v technologies for £15m.