News
HIG Capital's Andrew Steel leaves
Andrew Steel has left HIG Capital, unquote” has learned.
Bridgepoint seeking Noordhoff sale
Bridgepoint is currently in discussions with potential buyers for the Noordhoff Uitgevers division of its Dutch portfolio company Infinitas Learning.
Hogan Lovells merges with South Africa's Routledge Modise
Hogan Lovells is to merge with South African law firm Routledge Modise, with the combination set to go live on 1 December.
Women still under-represented in French investment teams
Although French private equity houses are increasingly trying to address the situation, women remain vastly under-represented in investment teams and in more senior roles, according to the latest survey by Deloitte and trade body AFIC.
JLL Partners, Royal DSM create $2.6bn pharma business
US private equity house JLL Partners and Dutch life sciences group Royal DSM have teamed up and combined assets to create a new, independent pharmaceutical company in a deal worth $2.6bn.
UBS puts Reid in charge of secondaries
Following a string of departures, UBS has named Rodney Reid as its latest head of European private equity secondaries.
CVC exec acknowledges court case delay in F1 IPO
CVC co-founder Donald Mackenzie has acknowledged that the delay to the planned flotation of CVC's stake in Formula One can be attributed to the high court's ongoing legal battle with Bernie Ecclestone, according to the Financial Times.
Hellman & Friedman to take over Scout24
US private equity house Hellman & Friedman is set to buy internet portal group Scout24 from German telecommunications provider Deutsche Telekom, according to reports.
Oakley passes €300m mark for new fund
Oakley Capital has raised more than тЌ310m towards its second fund, Oakley Capital Private Equity II.
EQT's Conni Jonsson steps back
Conni Jonsson, EQT
N+1 Mercapital CEO resigns
Javier Loizaga, N+1 Mercapital
Samdup and Nicholson join MJ Hudson
Karma Samdup, MJ Hudson
Clifford Chance promotes Peter Dieners
Peter Dieners, Clifford Chance
Lloyds sells SWIP to Aberdeen Asset Management
Lloyds Banking Group has sold asset manager Scottish Widows Investment Partnership (SWIP) to Aberdeen Asset Management in exchange for Aberdeen shares currently worth ТЃ560m.
Gimv commits further capital to DG Infra
Infrastructure-focused investor DG Infra has secured additional financing from its sponsors, Gimv and Belfius Bank, with a plan to invest up to €400m over the next five years.
German VCs struggling to raise funds, says survey
A survey published by German bank Kreditanstalt für Wiederaufbau (KfW) and local trade body BVK shows that German VCs are feeling increasingly gloomy about fundraising prospects.
McKinsey appoints Cornelius Baur as head of DA region
Cornelius Baur, McKinsey
Stirling Square expands investment team
Jonathan Heathcote, Stirling Square
3i continues focus on disposals
Listed private equity firm 3i is continuing to boost divestment activity, while new investments remain subdued, according to the firm's latest half-yearly results.
Sanitec confirms IPO plans
Sanitec, a Nordic bath and toilet maker owned by EQT, has announced its intention to list on the Stockholm Stock Exchange.
Terra Firma appoints MD in renewables team
Private equity house Terra Firma has hired Ingmar Wilhelm, the former executive VP at energy company Enel Green Power, as a financial managing director in its renewable energy investment team.
Industry reputation failing to improve in eyes of LPs
New research has revealed that a worryingly large proportion of LPs continue to view private equity in a poor light.
Argos Soditic opens Benelux office
Mid-market private equity house Argos Soditic has officially announced the opening a new office in Brussels to better take advantage of the Benelux market.
Software firm Sage dangles carrot in front of Apax's Hare
Apax Partners portfolio support group co-head Steve Hare is to leave his role at the end of this year to become chief financial officer of listed software giant Sage.