News/GPs
Summa opens North American office
Three existing partners will lead the California office, which is the GP’s first beyond Europe
Carlyle CEO Kewsong Lee steps down after two years
Executive led the US GP into other alternative assets like credit; no immediate successor announced
Pinova expects final close for Fund 3 before year-end
DACH industrial technology and IT investor has set a EUR 250m target for the vehicle
SwanCap plans October first close for Fund VI
German GP has a EUR 350m target for co-investment vehicle, which will follow the strategy of 2019-vintage predecessor
Eurazeo’s NAV dips amid volatile markets
Net asset value dips by 3.9% as French sponsor creates contingency buffer of EUR 500m to account for market uncertainty
Bridgepoint Europe VII in final stretch of EUR 7bn fundraise
GP’s latest flagship fund held a EUR 4bn close in mid-May, with a final close expected in H1 2023
FPE Capital bolsters investment team
Ben Cole promoted to investment director at the software and services growth investor
Pemberton strengthens team with four senior hires
Anders Svenningsen, Christoph Polomsky, James Taylor and Sally Tankard join the firm’s European offices
Nest mandates HarbourVest for PE investing
Workplace pension scheme has made its second PE mandate following its partnership with Schroders
BGF announces changes in leadership
CIO Andy Gregory to head UK growth investor as Stephen Welton is made non-executive chair
Waterland names van Cauwenberghe as next group managing partner
Cedric Van Cauwenberghe will succeed Frank Vlayen in 2023 and will head the GP's day-to-day running
Optimism prevails as PEs expect step-up in deal-making – research
Third Bridge's Joshua Maxey speaks to Unquote about the findings of the Mid-market PE Forecast: 2022
Keyhaven bolsters team with six promotions
Secondaries specialist's promotion include Sarah Brereton's advancement to partner
The Bolt-Ons Digest – 13 July 2022
Unquote’s selection of the latest add-ons with Ardian's Aire, Kester's Rephine, Arta/KKR's Alvic, Capiton's Dec Group, and more
CapMan exits Fortaco, buys Netox
Sale marks final exit from sponsor's eighth buyout fund; Netox deal is sixth investment via eleventh
Earlybird names three new Digital West partners
Andre Retterath and Paul Klemm are existing team members, while Vincenzo Narciso joins from Px3 Partners
Acton Capital holds Fund VI first close, expands investment team
VC firm has hired Sophie Ahrens-Gruber in Munich and appointed Hannes Gruber as partner in Vancouver
Riverside appoints Höppner as chief sustainability officer
Dörte Höppner joined the GP in 2017 and will be responsible for its ESG initiatives globally
Palatine hires investment director from Mobeus Equity
Danielle Garland joins the mid-market sponsor's London buyout team
Record number of LPs to cut "new money" commitments – Rede Partners
Biannual LP sentiment survey also reveals that LPs are expecting a drop in distributions
The Bolts-Ons Digest – 17 June 2022
Unquote’s selection of the latest add-ons with Holland's AMP, Triton's Kinios, Nordic's Sortera, Vitruvian's Sykes, and more
LDC hires ESG director from Deloitte
Alex Bexon will help the firm pursue sustainability commitments, such as net-zero operations, by 2030
Gimv launches life sciences investment platform
Sponsor seeks to double portfolio and invest bigger tickets in drug development companies
HIG Bayside promotes Malezieux to managing director
Mathilde Malezieux has more than 16 years of investment banking and distressed investment experience