News
Innogest Capital appoints Leo as partner
Giovanni Leo leaves the position of vice-president at St June Medical to join Innogest
Mid Europa Partners promotes Babache
Andrej Babache becomes a partner at the CEE-focused firm, which he joined in 2006
UBS hires Wursdorfer as EMEA head of private funds group
Marc Wursdorfer leaves Credit Suisse after 16 years at the bank to join UBS
Hayfin launches PE strategy
Hayfin will make primary and secondary investments in European mid-market buyout funds
Ace Management to raise cybersecurity fund
GP aims to hold a first close for its €150m-target Brienne III fund in March 2018
Summit Partners promotes two in London office
Vice-presidents Johannes Grefe and Steffan Peyer become principals in the GP's London office
Nordic Capital in talks to acquire Oaktree's Hesira
Value of the European dental business could near тЌ480m, according to reports
Conor to raise third technology fund
Target size of the latest vehicle is around double the amount raised by its predecessor
Clearwater promotes Eden to COO
Eden joined the business in 2014 following roles at Lloyds Bank, Close Brothers and Experian
KKR opens Frankfurt office
Move confirms KKR's commitment to Germany and strengthens its presence in continental Europe
BCIMC, PAI kick off Refresco offer
Unless extended, the €20-per-share offer for the bottles business will expire on 19 March
Trade body Afic rebrands to France Invest
Established in 1984, Afic had already changed its name but kept its acronym back in 2012
Runa Capital launches third fund
VC firm is looking to attract existing investors and will invest a maximum of $10m per project
Foresight hires Gueorguiev as investment manager
Stephan Gueorguiev leaves August Equity Partners after three years with the mid-market firm
Lacera begins search for secondaries adviser
US pension fund looks to rebalance its PE portfolio by selling "dozens" of LP stakes
Steadfast to hold first close for fourth fund
Strategy remains unchanged, investing in profitable businesses in the DACH and Benelux regions
Crestline approaches final close of Portfolio Financing Fund
Texas-based GP is aiming to secure up to $500m in a February close for its debut fund
Motion resumes fundraise with revised target
French buyout firm launched the vehicle in August 2016 with a target of €300m
Corporate finance: Houlihan Lokey buys Quayle Munro
Investment bank Houlihan Lokey has acquired London-based corporate finance boutique Quayle Munro.
JC Flowers, Cerberus granted exclusivity in HSH Nordbank auction
Bidders have now been given a deadline to negotiate a deal with the federal state owners
Abris promotes Gieryński to managing partner
Gieryński is promoted from his position of chief investment officer for the buyout house
Lyceum shelves fund IV, moves to deal-by-deal
Fundraising proved tougher than expected, according to a source close to the situation
Gilde Healthcare opens DACH office in Frankfurt
German team will be expanded with additional investment professionals over the next 12 months
Partners Group reaches €61.9bn in AUM
Private debt is the fastest growing allocation area for the firm, with new commitments of тЌ3.5bn