News
3i toasts bumper Q4
Listed private equity firm 3i has reported a strong end to 2013, with £29m of realisations, £322m of new investments and an improved NAV per share.
HIG provides unitranche to support Steelite MBO
HIG WhiteHorse, the credit arm of HIG Capital, has supplied tableware business Steelite with a £29m unitranche facility to allow management to secure full ownership.
Pantheon wins BVK mandate
Funds-of-funds manager Pantheon has established a new global private equity programme alongside Bayerische Versorgungskammer (BVK), Germany’s largest public pension group.
Liberty Global enters race for Ono
Liberty Global is thought to have entered talks for private equity-backed Spanish broadband operator Ono, with rival interest from Vodafone.
Vodafone in talks for Spanish broadband firm Ono
Vodafone is thought to have approached the private equity backers of Spanish firm Grupo Corporativo Ono, a cable and broadband operator, regarding a potential £7bn offer for the asset.
Warburg Pincus hires Kukielski as new EIR
Peter Kukielski, Warburg Pincus
Braveheart and Crowdcube set up crowdfunding co-investment fund
Braveheart Investment Group and crowdfunding platform Crowdcube Ventures have established the Crowdcube Venture Fund (CVF), a co-investment vehicle for crowdfunded businesses.
NPRF offloads €800m PE portfolio to Lexington
The National Pensions Reserve Fund of Ireland (NPRF) has sold around €800m of global private equity fund interests to secondaries firm Lexington Partners.
Grabau, Persson tipped as potential candidates for Kinnevik CEO role
Following the resignation of Kinnevik CEO Mia Brunell Livfors, the names of Lorenzo Grabau and Henrik Persson are circulating as potential candidates for the role.
VC-backed Egalet files $45.5m IPO
UK-based pharma company Egalet, backed by a consortium of venture capital firms, is seeking to raise up to $45.5m in its IPO on the Nasdaq.
Partners Group teams up with Mizuho
Partners Group and Mizuho have joined forces to develop and distribute global private equity products in Japan's pension market.
Kinnevik's Stenbeck to chair Zalando board
Kinnevik chairman Cristina Stenbeck is set to take over as the new chairman of listed online retailer Zalando, according to the Financial Times.
BDO appoints Gouldstone to pharma team
BDO has appointed Martin Gouldstone as a director within its pharmaceutical-focused corporate finance team in London.
N+1 Mercapital elects new CEO and chairman
Gonzalo de Rivera, N+1 Mercapital
Vision’s Cortas promoted to partner
London- and New York-based private equity firm Vision Capital has promoted Samer Cortas to partner.
Former NYSE Euronext chair Hessels joins General Atlantic
Jan-Michiel Hessels, General Atlantic
Kinnevik CEO steps down
Kinnevik CEO Mia Brunell Livfors has announced her decision to step down as president and CEO of the business.
Nesta Impact fund deploys £2m in first investments
Nesta Investment Management has made its first social impact investments, deploying £2m across four businesses.
LGV’s Priestley joins Electra
Bill Priestley, Electra Partners
AnaCap's Aldermore raises £40m ahead of IPO
Aldermore Bank, backed by AnaCap, Honeywell Capital Management and Ohio Public Employees Retirement System, has raised a further £40m from two hedge funds.
Balderton appoints Chandratillake as general partner
Suranga Chandratillake, Balderton Capital
Barnechea leaves Riverside for HIG
Juan Barnechea, HIG Capital
SVG shares down 8% as Aegon sells stake
Aegon has sold a 7.5% stake in listed private equity investor SVG Capital, resulting in an 8% share price drop.
Palatine appoints Ashton
Charlotte Ashton, Palatine Private Equity