News
Maven appoints Vassallo and Dickens to north-east team
Appointments come weeks after the GP was awarded the mandate to manage the £20m Finance Durham Fund
Polaris promotes Gornitzka, Damkjær and Satchwell
Rune Lillie Gorntizka, Simon Damkjær and Joachim Satchwell progress at the Danish buyout firm
LDC hires two investment directors
Duo will oversee £1.2bn 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
Silverfleet appoints Karl Eidem as co-head of Nordic region
Former AP6 and Doughty Hanson joins British GP's current head of the Nordic region, Gareth Whiley
Livingbridge appoints Carnwath to lead strategic advisory board
Newly formed board will provide guidance related to political, economic, social and other factors
SEP appoints Stevens and Rampton to investment team
David Stevens joins the firm from Sumerian and Taylor Rampton leaves his role at BlackRock
Penta, Toscafund agree £75.2m Circle take-private
Deal for loss-making hospital operator would come six years after the business listed
Bain abandons Resilux takeover plans
Take-private would have valued the plastic packaging maker in the region of €400m
Clessidra promotes Ghizzoni as new deputy chair
Matteo Canonaco will take Ghizzoni’s seat on Clessidra’s board as a new independent director
Antoine Papiernik appointed chair of Sofinnova Partners
Denis Lucquin will continue to be part of Sofinnova, staying on as managing partner
unquote" LP round-up
A round-up of LP news, including US institutions on the lookout for fund managers
Dechert hires Bradshaw from Kirkland & Ellis
Bradshaw will be expanding Dechert's private equity, cross-border M&A and finance practices
HgCapital promotes Brockman and von Simson to managing partner
London- and Munich-based GP also announces three partner promotions in its London office
Westerlund to stand down as CapMan CEO
Heikki Westerlund had taken up his position in 2013 and will stay on until a replacement is appointed