News
Octopus Ventures adds Zihao Xu to investment team
European venture capital investor is best known for backing Secret Escapes and Zoopla
PE-backed Alan Afflelou aiming to list before year-end
Lion Capital led a secondary buyout for the optician in 2012, later syndicated to Apax and CDPQ
HarbourVest clinches £807m SVG deal
Acquisition will see SVG wound down and £1.12bn returned to its shareholders
Tikehau appoints Henri Marcoux as deputy MD
New recruit joins from his position as financial director at Groupe EPI
Brexit volatility wipes £1bn off Misys IPO
Banking software provider is understood to have requested a reduction in its free-float to 20%
Ardian launches first North American buyout fund, targets $500m
Private equity firm aims to hold a final close for the fund in mid-to-late 2017
HarbourVest further extends deadline for SVG share offer
Extension will enable the parties to continue negotiations around an alternative asset-based offer
Electra Private Equity to move to corporate structure
LP's strategic review concludes it will discard its listed investment trust status
Ratos takes SEK 1.7bn hit to portfolio
Norwegian oil services company Aibel sees book value written down by SEK 1.1bn
CCMP- and Hermes-backed Pure Gym cancels IPO plans
UK gym group said market volatility and challenging IPO conditions were behind the decision
Simmons & Simmons hires two in Milan
Appointments follow the closure of the firm’s Rome office in 2015
HarbourVest makes new £783m SVG bid
Proposed deal would be similarly structured to a rival bid by Goldman Sachs and CPPIB
EQT closes first US fund short of $1bn target
Nordic-based GP holds final close on $726m for mid-market buyouts in US
HarbourVest extends deadline for SVG takeover
Offer lapsed on 6 October, with SVG's board urging shareholders to accept a competing offer
CVC to list Ahlsell in Stockholm
GP reveals public market exit process for Swedish industrial company
Goodwin Procter appoints two partners to Paris office
Law firm is currently reinforcing its European private equity and M&A practices
Jasmin Capital hires Ludovic Douge as manager
Christilla de Moustier has been made senior adviser, and Lucia Roman will head the firm's Brussels office
Confidence drop for PE-backed businesses in wake of Brexit vote
Less than half of BVCA survey respondents are confident in the government's ability to negotiate a good deal
Vista-backed Misys aims to raise £500m from IPO
Banking software provider announces its intention to float on the London stock exchange
L Catterton hires Mariager as operating partner in Paris
Dane Christian Mariager joins consumer-focused private equity firm’s Paris office effective immediately
Goldman and CPPIB field £748m bid for 100% of SVG
SVG board deems Goldman/CPPIB bid preferred option, ahead of HarbourVest and Pantheon/Pomona
SVG recommends liquidation, £379m sale to Pantheon, Pomona
Board of directors proposes to wind down SVG to maximise cash returns to its shareholders
AKD appoints fourth partner to new Luxembourg office
Firm recently appointed Allard Schuering as senior corporate lawyer
British Private Equity Awards 2016: winners announced
Congratulations to the winners of the hotly contested 2016 British Private Equity Awards