News
Vidal-Quadras to take over as head of 3i Spain
Alejo Vidal-Quadras, 3i
Permira V hits €5bn hard-cap
Permira’s latest buyout fund, Permira V, has hit its hard-cap of €5bn and could reach €5.3bn with a GP contribution.
David Norris joins Forward Investment Partners
David Norris, Forward Investment Partners
Cinven, EQT target new geographies
European buyout houses Cinven and EQT have been looking further afield for healthcare investments, this week buying US-based CRO business Medpace and Australian radiology specialist I-Med, respectively.
Electra hires Phoenix’s Gray
Nicola Gray, Electra Partners
Fondo ICO launches second tender
Spain’s €1.2bn state-backed fund-of-funds, Fondo ICO Global, has launched its second tender process.
Access wins BVK mandate
Access Capital Partners has been awarded a mandate for primary and secondary investments in small buyout and growth funds by German pension fund Bayerische Versorgungskammer (BVK).
Upcoming IPO to value Warburg-backed Poundland at £750m
UK discount retailer Poundland, backed by Warburg Pincus, has announced its intention to list on the London Stock Exchange.
Basque government launches €28m venture fund
The Basque government has launched a €28m venture capital fund, to be managed by Gestión de Capital Riesgo del País Vasco (GCRPV).
Oxford Capital makes senior promotions
Martyn Holman, Oxford Capital
VC-backed King files for $500m IPO
King Digital Entertainment, the venture-backed UK games developer behind Candy Crush Saga, has filed with the US Securities and Exchange Commission (SEC) for a $500m IPO on the NYSE.
TPG’s Lenta to raise up to $1bn in IPO
Russian hypermarket chain Lenta, backed by TPG Capital and VTB Capital Private Equity, plans on raising up to $1bn in its IPO on the London Stock Exchange and Moscow Exchange.
Hellman & Friedman’s GTT launches IPO
Hellman & Friedman-backed Gaz Transport & Technigaz (GTT), a French marine technology and engineering company, plans on raising up to €675m in an IPO on the Euronext Paris.
Terra Firma MDs to take over after Darragh's departure
Terra Firma managing directors Mike Kinski, Stefan Thiele and Ingmar Wilhelm will take over from Damian Darragh following his departure from the firm.
Mobeus hires three
Richard Babington, Mobeus
Cavendish's Stelzer promoted to managing partner
Joe Stelzer, Cavendish Corporate Finance
Charterhouse's Vivarte suspends debt payments
Vivarte, a French fashion group backed by Charterhouse Capital Partners, has suspended all payments on the €2.8bn debt load taken on as part of the 2007 buyout of the business.
Reed Smith hires new leveraged finance partner
Law firm Reed Smith has appointed Ben Davis as a leveraged finance partner in its London-based UK finance practice.
Partners Group closes €1.5bn direct investment programme
Partners Group has closed its 2012 private equity direct investment programme on €1.5bn.
Florman and Oldroyd join MCF as advisers
Mark Florman, MCF Corporate Finance
Njord Partners backs GeoQuip with convertible loan
Njord Partners has provided Swiss oilfield services provider GeoQuip Marine with convertible loan financing.
PE backers work out gym merger
CCMP Capital Advisers’ Pure Gym is merging with The Gym Group, backed by Phoenix Equity Partners and Bridges Ventures.
Intel invests $10m in Mango Telecom
Intel Capital has injected $10m into Mango Telecom, a Russian provider of a business communications software-as-a-service (SaaS).