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News

People moves and promotions
Tages buys stake in Vam Investments

Tages vice-president Trapani will also acquire a 15% stake in VAM, and will become executive chairman

  • GPs
  • 25 July 2018
Eye shadow and other beauty products
Peninsula Capital to close Kiko deal

Talks between Peninsula Capital and the company's founders, the Percassi family, started in April

  • Expansion
  • 24 July 2018
Data analysis
Private equity drives investment returns for Calstrs

US pension scheme beat its portfolio investment assumption of 7% for the second year running

  • LPs
  • 23 July 2018
UK loans and debt financiers
BNP Paribas launches UK SME lending fund

Fund will provide senior loans to SMEs with an annual turnover of less than £50m

  • Financing
  • 23 July 2018
Laura Wathen of Livingbridge
Livingbridge appoints Wathen

Following a raft of hires, the investment team at Livingbridge now stands at 90 people

  • GPs
  • 20 July 2018
Company management teams and non-executive directors
Campbell Lutyens appoints six new principals

In its London office, the firm appointed Annabelle Judd and James Sladden as principals

  • People
  • 20 July 2018
Portfolio reorganisations
Cabot Square to launch sixth fund in 2019

Financial-services-focused GP's new vehicle is understood to have a target in the region of £300m

  • Funds
  • 20 July 2018
Recruitment agents and human resources
Calpers to hire legal advisers for PE

New counsel contracts are due to begin in January 2019 and would be five years long

  • LPs
  • 20 July 2018
Fraud prevention services
C5 Capital aiming to close second fund in Q1 next year

C5 owns six companies through its, now fully allocated, initial 2013-vintage $100m fund

  • Funds
  • 20 July 2018
Romanian capital Bucharest
Highlander Partners opens Romania office

GP has opened its inaugural office in the region after entering the Polish market in 2008

  • People
  • 20 July 2018
Food packaging machinery
Turkven-backed Alpha Flexibles to invest in Elif

Alpha Flexibles is controlled by a group of international investors that are advised by Turkven

  • Expansion
  • 19 July 2018
Euro loans made online
Seventure nears final close for Digital Opportunities Fund

Seventure is also currently fundraising for its Health For Life II and AVF vehicles

  • Funds
  • 19 July 2018
Tatiana Balkovicova of Genesis Captial
Genesis hires two for investment team

New hires will reinforce the investment team and will be active in planned fundraising

  • GPs
  • 17 July 2018
Matthias Taubl of Aurelius Group
Aurelius expands management team

Albrecht will be responsible for acquisitions and sales across all business areas in his new role

  • People
  • 17 July 2018
Golden Gate Bridge in San Francisco
Calpers generates strong returns from PE programme

Pension fund's entire portfolio generated an 8.6% return for the financial year ending June 2018

  • LPs
  • 16 July 2018
Italian restaurants
Carlyle abandons bid to wrest control of Prezzo

Credit arm of the GP acquired a 33% blocking stake in the company earlier this year

  • Consumer
  • 16 July 2018
Direct secondaries acquisition
ICG approaches first close for seventh European fund

ICG Europe VI held a final close on €3bn in July 2015 and was 60% invested as of September 2017

  • Funds
  • 13 July 2018
Swedish fund closes and announcements
AP4 eyes sustainability-focused PE funds

Public pension fund has an appetite for co-investments in unlisted direct investments

  • LPs
  • 13 July 2018
Business intelligence and financial reports
Partners Group's private equity AUM increases 7%

Switzerland-based firm announces €2.37bn new commitments for its private equity strategy

  • LPs
  • 12 July 2018
Serge Krancenblum of SGG
SGG Group buys Augentius in fund admin consolidation play

Transaction would make SGG the fourth largest investor services firm worldwide with $400bn AUM

  • Advisory
  • 12 July 2018
Inna Gehrt of Mandarin Capital
Mandarin Capital looking to kickstart new fundraise in Q4

Italian private equity house is planning to start fundraising for its new fund, MCP III, in October

  • Funds
  • 12 July 2018
Pounds sterling
Bridges hits £50m mark for evergreen vehicle

Permanent capital vehicle was launched in December 2016, with initial commitments of £23m

  • Funds
  • 11 July 2018
Unquote British Private Equity Awards 2018
British Private Equity Awards: final call to enter

Time is running out to enter the 2018 BPE Awards: entries are due by 4pm on Friday 13 July

  • Performance
  • 11 July 2018
Stock market trackers and financial investment apps
SWFs consider reducing PE allocations – survey

Private equity remains among the most popular asset classes in the alternatives space

  • LPs
  • 10 July 2018
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