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News

Alex Marsh of Maven Capital
Maven Capital hires Marsh as investment manager

Marsh will help manage the Durham County Council's £20m Finance Durham fund, mandated to Maven in March

  • People
  • 31 October 2017
Bank building entrance
HSH Nordbank attracts PE bids

PE firms Apollo, Cerberus and JC Flowers in the running to acquire the bank from federal owners

  • Buyouts
  • 30 October 2017
European technology fundraise
ING announces €300m fintech fund

ING Ventures is financed entirely from ING's balance sheet and has a four-year investment period

  • Funds
  • 30 October 2017
Kitchen units and design
IK's TCM Group to float in Copenhagen

IPO would follow a short two-year holding period for IK, which bought the business from Axcel

  • Exits
  • 30 October 2017
Online education applications for teachers
EQT to sell remaining 12.1% stake in AcadeMedia

Swedish GP mandates Carnegie and Skandinaviska Enskilda Banken to run the bookbuilding

  • Exits
  • 27 October 2017
Christophe Baviere of Idinvest
Majority shareholder IDI exploring options for Idinvest stake

Idinvest could add to the wave of consolidation in the PE space as IDI mulls a potential sale

  • LPs
  • 26 October 2017
Fundraising in euros
Tesi launches €150m venture fund-of-funds

VC firm intends to deploy capital into Finnish venture capital and small buyout funds

  • Venture
  • 25 October 2017
Software developers and coding specialists
Norvestor-backed Crayon sets IPO price range

Shares are expected to start trading on the exchange on or around 8 November 2017

  • Exits
  • 25 October 2017
New office opened
Brockhaus eschews fund model and plans IPO

Firm will raise €50m initially, with a longer-term target of €150m, and is hiring a CFO

  • GPs
  • 25 October 2017
Avantium produces ecofriendly bioplastic for use in the packaging industry
PAI teams up with BCIMC for fresh Refresco offer

Consortium offers €20 per share, valuing the business at €3.3bn, with financing already in place

  • Buyouts
  • 25 October 2017
Heat exchangers in a refinery
Triton buys US-based Rocore, plans merger with Germany-based Kelvion

GP will consider merging the company with its portfolio company Kelvion in the medium term

  • Buyouts
  • 24 October 2017
Several promotions and appointments
Omnes Capital promotes five, hires three

French private equity firm expands its buyout, venture, infrastructure and support teams

  • People
  • 24 October 2017
Frederic Muller from Capzanine
Capzanine hires Muller for investor relations team

Frédéric Muller leaves First Avenue after nine years to join the France-based alternative lender

  • People
  • 24 October 2017
Fraud prevention services
Paladin and VT Partners join forces on cybersecurity investments

The two firms intend to share resources, knowledge and networks through the agreement

  • Technology
  • 24 October 2017
Gym equipment
Portobello nears deal for gym chain Supera

Four private equity and infrastructure fund managers are reported to be competing for the asset

  • Buyouts
  • 23 October 2017
Hunting accessories and equipment
Charme set to buy Fiocchi Munizioni

GP receives green light from the Italian government to acquire the asset "in the national interest"

  • Buyouts
  • 23 October 2017
European PE houses set to benefit from increasingly friendly borrowing environment for remainder of 2015
JC Flowers- and Encore-backed Cabot to list on LSE

Debt collection business aims to raise £195m from its listing on the London stock exchange

  • Exits
  • 23 October 2017
Home cooking with fresh ingredients
Rocket Internet-backed Hellofresh sets price range for IPO

Hellofresh will raise €243-357m in expansion capital to fund continued acquisitive growth

  • Exits
  • 23 October 2017
Smelting blast furnace
Triton's Befesa sets IPO price range

Environmental services provider announces a €28-38 share price range for its upcoming IPO

  • Exits
  • 20 October 2017
Fleur Pellerin of the French government
Korelya to manage extra €100m on behalf of Naver

Venture player Korelya is headed by former French secretary of state Fleur Pellerin

  • Fundraising
  • 20 October 2017
Funds have raised billions in January
RWE Generation backs HTGF III

RWE says the investment is strategic, and it will scout for further co-investment opportunities

  • Funds
  • 20 October 2017
Fundraising in euros
Egeria launches fifth buyout fund

Vehicle has a target of €800m and is expected to hold a final close early in 2018

  • Funds
  • 18 October 2017
Board room deals and discussions
3i hires three in private equity team

Bruchmann joins as director, Supple as senior associate and van der Voorden as associate

  • People
  • 17 October 2017
Several promotions and appointments
USS promotes Horsnall to head of direct private equity

Move forms part of the limited partner's strategy to increase its focus on direct investments

  • LPs
  • 16 October 2017
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