News
Terra Firma sells Tank+Rast for €3.9bn
Terra Firma has closed the sale of Tank+Rast higher than expected, with a deal value of €3.9bn and a cash on cash multiple of 7.5x.
Goldman Sachs-backed Hastings to raise £180m in London IPO
British insurance group to refinance debt with IPO proceeds
VC-backed Acacia to list in October
Offering size understood to lie around the ТЃ150m mark
XAnge's chair steps down following Siparex merger
VC appointed Olivier Pagezy as CEO in June
Duke Street loses Scott, appoints two
James Almond replaces recently departed Duke Street partner Buchan Scott
KKR buys 24.9% of Marshall Wace
Hedge fund has $22bn under management
NorthEdge hires Jones as investment executive
Harry Jones joins NorthEdge from Deloitte
Balderton hires former Uber and Dropbox exec
Lars Fjeldsoe-Nielsen has joined the firm as a general partner
Bärenfänger to join Avedon from HgCapital
Avedon recently opened German office
BlaBlaCar to raise $160m from Insight et al.
Transaction comes one year after company’s $100m series-C
Ex-Sainsbury's chief Justin King new Terra Firma vice-chair
54-year-old King joins Terra Firma after 10 years at Sainsbury's
Three new hires at Alvarez & Marsal
Firm poaches all three hires from Deloitte & Touche
ILPA to publish PE fee reporting guide
LP association wades into fee transparency debate
Alvarez & Marsal's Rawal joins EY
Rawal joins EY as partner in financial services transaction team
Idinvest bolsters debt and VC teams with two hires
GP’s latest debt fund recently closed on €400m
Cathay appoints managing partner for Sino-French Innovation fund
Hire takes place alongside €22m commitment by new LP Valeo
Björn Böckenförde to leave Zurmont Madison
Böckenförde co-founded the company in 2001
Silverfleet promotes three, appoints one
Appointments follow recent closing of second fund on тЌ870m
Permira hires Shackleton as first ESG head
Shackleton is first head of ESG for Permira
Ardian opens new Madrid office
GP now operates 11 offices worldwide
Strategic Value Partners hires Blackstone's Huffard
Flip Huffard joins SVP's advisory council
HealthCap's Cortendo announces US listing
Swedish pharma company intends to list on Nasdaq
NVP appoints former deputy prime minister as chair
Move takes place as industry comes under mounting public scrutiny
Paul Slattery named new COO at Catalyst
Slattery joins from car dealership group Bedfordia