News/Benelux
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
Aescap Venture, De Hoge Dennen and Jeroen Cammeraat invest in i-Optics
Aescap Venture, De Hoge Dennen and private investor Jeroen Cammeraat have invested €4.2m in i-Optics.
Vendis Capital invests in Eyes and More
Vendis Capital has reached an agreement to invest up to €12m in Dutch optical chain Eyes and More.
Strong appetite for AZ Chemicals IPO
Order books for the IPO of Luxembourg-based AZ Chemicals are due to close today and, according to reports, indications are that strong investor appetite has led to an increase in the scale of the offering.
Private equity giants reportedly eyeing ING unit
ING REIM, the Dutch bank's internal real estate investment unit, is reportedly attracting interest from private equity investors, including KKR and Apollo Management.
Legislators agree on final text for AIFM
European legislators have finally agreed on the Alternative Investment Fund Manager’s Directive (AIFM).
IMI acquires Z&J
UK engineering group IMI has agreed to acquire German engineering business Z&J Technologies GmbH for €135m.
Gilde invests in Stepping Stones Home & Care
Gilde Healthcare Partners has invested in elderly care provider Stepping Stones Home & Care.
Potential AlpInvest sale gains momentum
The potential sale of ABP- and PGGM-owned AlpInvest Partners, which surfaced earlier this year, is said to be reaching its final stages.
Gimv leads €10m Eden Chocolates round
Gimv has backed a €10m funding round for Belgium confectioner Eden Chocolates.
Ontario Pension Plan appoints Jane Rowe
Ontario Teachers’ Pension Plan has appointed Jane Rowe to head its private equity unit.
Doughty Hanson sells Impress for €1.7bn
Doughty Hanson & Co has exited its investment in metal packaging producer Impress Coöperatieve U.A. in a €1.7bn trade sale to Ardagh Glass.
Marcello Bottoli joins Advent International
Advent International has announced that Marcello Bottoli has joined the firm’s Operating Partner Programme.
Ipes establishes Luxembourg office
Specialist private equity fund administrator Ipes has expanded its presence by opening a new office in Luxembourg.
Central banks agree Basel III rules
Central bank governors have agreed new capital requirements for banks as part of Basel III.
3i puts Hyva up for sale
3i has appointed M&A brokers to seek a sale for Hyva, its highly profitable pump manufacturing portfolio firm, according to reports.
Lion Capital considering Hema exit
Lion Capital has announced it is looking to sell its stake in Dutch general retailer Hema
Three managers spin out from KBC Private Equity
Three former executives of Belgian investor KBC Private Equity have spun out to form new small-cap, later-stage outfit Think2Act Partners, according to local press reports.
Prime Technology Ventures exits Nedstat
Prime Technology Ventures has sold its 43% stake in web analytics specialist Nedstat to comScore, in a deal that values the company at €28.6m.
Bencis Capital acquires Royal Sanders
Bencis Capital Partners has acquired Dutch provider of personal care products Royal Sanders.
Take-privates: Playing hard to get?
Shares in troubled care provider Southern Cross leaped 67% late last week after it declined an approach from TowerBrook. Having suffered a massive fall in its share price this year, it may have seemed an easy target for private equity bidders, but has...
unquote” Events Roundup
As autumn approaches, unquote” has a busy schedule of events covering all aspects of the private equity industry, while providing excellent networking opportunities. With the Italia and Deutsche conferences rapidly approaching, and not forgetting the...
CalPERS private equity manager steps down
Leon Shahinian stepped down as head of the private equity portfolio at CalPERS amid a fraud lawsuit.