News
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
Rutland promotes two
Craddock has been an investment director at Rutland since 2009, while Hollyhead joined in 2016
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
EQT Credit injects €115m into Inspired
Inspired's shareholders include PE investors TA Associates, Oakley Capital and Genesis Capital
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
Palatine promotes Painter, hires financial controller
UK-based lower-mid-market private equity firm concurrently hires Mathew Thompson as financial controller
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 €3.5bn
Norway's sovereign wealth fund eyes private equity
According to the central bank, the fund should increase exposure to unlisted companies
Equistone hires MML's Baker
In his new role, Baker will be responsible for expanding Equistone's UK portfolio
Cathay et al. to launch €1.2bn Sino French Midcap II
Cathay, BPI France and China Development Bank plan to invest within the first half of the year
Terra Firma hires new CFO
Vivek Ahuja and Mark Elliott join as CFO and head of support capital, respectively
Luminar launches maiden fund, targeting SEK 500m
Fund will invest in Sweden-based early-stage technology firms with seed and pre-seed funding
Monument Group promotes three to partner
Adam, Diggins and MacCurtain become partners in the London and Boston offices of the placement agent