News
Nordic acquires additional shares in Nordax
Deal is outside the public cash offer submitted by Nordic Capital and Sampo earlier in February
Fenera to raise three funds-of-funds
Shareholders include Fenera Holding, Banca Sella and some institutional investors
Lloyds terminates Standard Life Aberdeen's management mandate
Development is a result of Aberdeen's merger with Scottish Widows competitor Standard Life
Golding to launch new FoF in H2
Golding announces new fund after a record year of fundraising across all strategies
Ardian opens Tokyo office, hires HarbourVest's Takenaka
New office is the GP's third Asian base as it looks to bolster Japanese fundraising and deal-making
BGF opens Welsh office
Announcement comes one week after the GP announced it is to open a Belfast office
Hg promotes five to partner
Batchelor is also promoted to COO while GSK's Ruter is hired as head of responsible investing
Wind Hellas, Apax and TPG $1bn court case adjourned
Case related to the telecommunications company's PE-backed pre-crisis sale is delayed again
Hellman & Friedman's Nets take-private gets over finish line
Final shareholder acceptance reaches 94.1%, with compulsory acquisition of minority shareholders triggered
Nordic to restructure fund VII, roll €2.2bn into new vehicle
Buyers Goldman Sachs and Coller Capital are offering an 11% premium to NAV to existing LPs
Bridgepoint acquires US-based Safety Technology Holdings
Industrial sensors and safety equipment group consists of two US companies and two European firms
Healthcare-focused ArchiMed hires Adelus, Ballester as partners
Appointments will increase the firm's number of partners from six to eight
LP consortium to seed six PE firms for $1bn
Reports cite research director Ashby Monk speaking to CalSTRS' investment committee
HQ Capital appoints four to advisory board
Advisory board is set to meet twice a year and will advise the executive board of the buyout firm
Apollo, PGGM partner in bid for AkzoNobel's chemicals arm
Apollo and Dutch pension fund PGGM join forces to bid for AkzoNobel's chemicals arm
German tax act gives LPs exemption rate of 80%
New rules apply to German and international funds treated as corporate taxpayers
Global Infrastructure Partners agrees to acquire Italo
Italo announced the withdrawal of its application for admission to trading on the stock exchange
Inflexion, CVC funds trading above NAV, says secondaries marketplace
Inflexion's 2010-vintage buyout fund is trading at nearly a quarter above NAV, according to Palico
BC makes US deal with Zest buyout from Avista
GP is deploying capital from its 10th fund, which closed in January on its €7bn target
Nordic Capital submits cash offer for shares in Nordax
Bid comes four months after Nordic Capital bought a 9.96% stake in Stockholm-listed Nordax
Turkven to raise fourth fund in H2 2018
Fund is a follow-up to the current fund, Turkish Private Equity Fund III, which held a final close in 2012 on $840m
Altamar appoints Caturla as managing director
In his new role, Caturla will be responsible for coordinating investment management products
TPG to exit Vita Group
TPG took the company private in 2005, drawing equity from its $5.3bn TPG Partners IV fund
CalSTRS looks to widen co-investment and direct investing
US LP, worth $224.8bn, is consulting on setting up direct investment capabilities