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News

Dutch bank NIBC
JC Flowers to list NIBC stake

Private equity firm will list 35% of outstanding and issued NIBC shares on Euronext Amsterdam

  • Exits
  • 26 February 2018
Saturn in the Solar System
Hg launches Saturn fund

Naming convention follows Hg's Mercury series, which targeted the small-cap space

  • Funds
  • 26 February 2018
People moves and promotions
Petroleum hires Contego's Sandhu, promotes two

Sandhu will lead the company’s finance function as well as managing portfolio companies

  • People
  • 26 February 2018
Banks and other financial services
HSH Nordbank sale to be decided on Wednesday

JC Flowers owns a 5.1% in the bank and 94.9% is held by states of Hamburg and Schleswig-Holstein

  • Buyouts
  • 26 February 2018
Fundraising in dollars
LP consortium announces $1.5bn seed platform

Venture is advised by Wafra and expects to deploy $1.5bn over the next five years

  • LPs
  • 23 February 2018
Fundraising in US dollars
Goldman's Petershill raises $2.5bn for GP stakes

One LP said the strategic partnership with Goldman might boost its access to oversubscribed funds

  • Funds
  • 23 February 2018
Tennis clubs
TDR begins sales process for David Lloyd

Rothschild has been mandated for the sales process of the UK-based tennis and gym club

  • Exits
  • 23 February 2018
Direct secondaries acquisition
Lexington returns to market with record secondaries raise

Lexington held a final close for LCP VIII on its $10.1bn hard-cap in April 2015

  • Funds
  • 22 February 2018
Close-up detailed image of a euro coin
Capvis to close fifth fund on hard-cap

More than 80% of LPs reupped into the fourth fund, which closed on its €720m hard-cap in 2014

  • Funds
  • 22 February 2018
People moves and promotions
Phoenix promotes Sargeant and Skinner to partner

Sargeant has been working with the firm since 2007, while Skinner joined in 2015

  • People
  • 22 February 2018
Dental practices
Agic, Capvis, Gilde, Nordic Capital in final Amann Girrbach round

Nordic Capital is reportedly the front-runner in the sale of the Austrian dental prosthetics company

  • Buyouts
  • 22 February 2018
UK fund closes and launches
Mayfair raises for second fund in US and Europe

GP makes an SEC filing listing commitments of $130m from US-based institutional investors

  • Funds
  • 21 February 2018
Fund close for Italian fund
Invitalia appoints DeA Capital's Sergio Buonanno as CEO

Buonanno will replace former CEO Salvo Mizzi, who announced in November that he was standing down

  • People
  • 21 February 2018
Fundraising in euros
Capzanine to hold final close for €950m private debt fund in Q1

Launched in Q1 2017, Capzanine 4 Private Debt fund should hold a final close in March

  • Funds
  • 21 February 2018
Euro loans made online
VC firms to sell Lendico to ING Diba

ING Diba has registered its intention to acquire Lendico with the competition authority

  • Exits
  • 20 February 2018
Business agreement
Pantheon appoints two new principals in Europe and US

Justin Mallis will join in London and Michael Hutten will join the US team in Raleigh, North Carolina

  • People
  • 20 February 2018
Christian Knott of Capmanic
Capnamic promotes Knott to partner, hires two

Knott will be responsible for deal sourcing and execution, as well as portfolio management

  • People
  • 20 February 2018
The London Stock Exchange
Augmentum announces intention to float

Listed vehicle will acquire Augmentum's portfolio and the structural elements of the GP

  • GPs
  • 20 February 2018
Job applications and new recruits
KCP hires Deloitte's Tice

In his new role, Matt Tice will work alongside partners James Hall and Owen Trotter

  • People
  • 20 February 2018
Homeware and interior design companies
Former Herkules-backed Tilbords facing insolvency

Tilbords shops are said to still be open for business, but the website has been closed down

  • Nordics
  • 20 February 2018
Insurance brokers
BVI launches new LP law

BVI Finance outlines four key areas in which the new law will benefit investment funds

  • Funds
  • 19 February 2018
Banks and comsumer finance
Cerberus, JC Flowers to acquire HSH Nordbank

German daily reports that an informal agreement has been in place for several weeks

  • Buyouts
  • 19 February 2018
House construction and building materials
Enterprise Investors targeting Warsaw IPO for Danwood

If approved by the Polish regulator, Danwood would be listed in the second half of this year

  • Exits
  • 19 February 2018
Portfolio reorganisations
KKR launches Global Impact Fund

Fund will target investments with positive social and environmental impact globally

  • Funds
  • 16 February 2018
125 126 127
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