News
Eaton launches direct investment team
Placement agent will work alongside GPs and management to raise capital for investments of $50m and above
Blackstone to hand Jack Wolfskin to lenders in debt-for-equity swap
Coordinating committee has agreed to write off €80m of debt, reducing outstanding liabilities to €210m
Phoenix hires Neale as partner
Chris Neale leaves his position as investment director at LDC to join Phoenix Equity Partners
HQ Capital appoints Dimmerling as COO
HQ Capital has appointed Triton's Heiko Dimmerling as its chief operating officer
Sovereign hires Hay as partner
Alex Hay leaves a similar position at RJD Partners to join Sovereign Capital
Campbell Lutyens appoints Bajnai as chair
Former Hungarian PM takes on role after sitting on the advisory board in a part-time role since 2011
IK Investment Partners opens Amsterdam office
Local team will consist of a mid-cap and a small-cap team, to be headed by partner Remko Hilhorst
Keensight promotes Svensson to partner
Magdalena Svensson becomes partner at Keensight after three years with the company
PAI offer rejected by Refresco
Soft drink and fruit juice bottling company rejects the private equity firm's takeover offer
NorthEdge completes Fine Industries trade sale, scores 2.5x return
NorthEdge secures a 2.5x return on the chemicals business after a three-year holding period
Cinven backed Synlab raises €250m via capital increase
Cinven will remain the majority shareholder of Synlab and other LP will retain its current stake
Maven appoints Vassallo and Dickens to north-east team
Appointments come weeks after the GP was awarded the mandate to manage the ТЃ20m Finance Durham Fund
Polaris promotes Gornitzka, Damkjær and Satchwell
Rune Lillie Gorntizka, Simon DamkjУІr and Joachim Satchwell progress at the Danish buyout firm
LDC hires two investment directors
Duo will oversee ТЃ1.2bn of equity investments in British companies over the next three years
Calpers PE portfolio managing investment director to leave
Investment director Sarah Corr will take over as interim head after Réal Desrochers leaves on 7 April
HTGF to hold €200m first close for third venture fund
Consortium of 15-20 investors will provide €60m, with the remainder coming from the German government
University of California doubles strategic allocation to PE
Increase approved in March means up to $1bn in additional private equity investments for the endowment
GPs view ESG as value builder – Capital Dynamics survey
Alternative assets manager Capital Dynamics surveyed 109 GPs globally about responsible investment and ESG
Local Pensions Partnership launches new PE vehicle
Newly formed LLP Investments will also be able to act as investment manager for other funds
City of Fresno Retirement Systems to build PE portfolio
California-based LP with $2.7bn in AUM approves a target exposure of 5% to the asset class by 2020
NVM appoints Howarth and Warren as associates
Victoria Howarth and Jason Warren have joined the UK-based VC's investment team
Amundi, Atomic Energy Commission launch Supernova Invest
New firm is co-owned by CEA Investissement and Amundi Private Equity, with 40% each
Alpha Associés appoints Rossignol as partner and head of France
Rossignol is joining from his previous role at 21 Centrale Partners, where he became partner in 2014
Investec hires Bank of Ireland's Conor McMahon
Former vice-president of acquisition finance at Bank of Ireland, McMahon joins the investment bank's corporate & acquisition finance team