News
ProSiebenSat.1 sale fails to attract buyer
KKR and Permira’s efforts to exit German broadcaster ProSiebenSat.1 have hit a bump in the road as the buyout houses fail to find a buyer for their remaining shares.
VC-backed Whisbi to raise further venture funding
Spanish start-up Whisbi is looking to raise €10-12m in further venture capital financing from US- and UK-based investors, according to reports.
Texas retirement fund commits €40m to Nordic Capital VIII
The Texas County & District Retirement System (TCDRS) has committed тЌ40m to Nordic Capital's latest vehicle.
Neeson joins SEP from Caird
Paul Neeson, SEP
ISS appoints Sir Charles Allen ahead of revived IPO
Danish facilities group ISS, backed by EQT and Goldman Sachs, has appointed Sir Charles Allen as chairman, suggesting the firm may once again revive plans for an IPO.
Cobepa set to buy Alpha's Babilou
Alpha Associés Conseil is in talks with Belgian investment firm Cobepa over the sale of Babilou, a France-based operator of corporate nurseries.
Terra Firma appoints head of investor relations
Terra Firma has appointed Lachmi-Niwas Sadani, whose resume includes stints at Apax and Axa Private Equity, as head of investor relations.
Altas Capital chairman steps down to focus on Blackstone
Atlas Capital chairman Claudio Boada Pallerés has stepped down to focus on his role as senior adviser for Iberia at Blackstone, according to Spanish publication Vozpopuli.
German minister calls for new stock market tier for start-ups
The German federal minister of economics and technology, Philipp Rösler, has called for a new stock market tier to increase IPO activity in Germany.
Almaz Capital hires two
Russo-American investor Almaz Capital has appointed Ross Hangebrauck and Daniil Stolyarov as managing director and investment director respectively.
KKR dives into maritime debt void
KKR has established Maritime Finance Company, a new business focused on the lending gap in the European shipping market.
Goldman to become Duke Street investor
Goldman Sachs is to invest around тЌ100m in Duke Street and is also considering acquiring secondary stakes in the GP's 2007 fund.
EQT to appeal tax decision
As expected, EQT Partners will appeal the Swedish tax authority's decision to tax carried interest as income, presenting some of the firm's staff with a SEK 670m tax bill.
Confidence in European venture remains low, says survey
GPs still display low confidence in European venture, according to a new survey by Deloitte and the US's National Venture Capital Association (NVCA).
Alliance Venture and Springfondet merge
Norwegian early-stage investment firms Alliance Venture and Springfondet have merged to form Alliance Venture Spring.
BLP's PE head joins Jones Day
Law firm Jones Day has appointed Raymond McKeeve as a partner and member of the firmтs private equity practice.
Arle looks to cash in on Innovia
Arle Capital Partners has hired Deutsche Bank to manage a sales process for bank note supplier Innovia, which could fetch more than €500m.
SS&C GlobeOp opens new Luxembourg office
Connecticut-headquartered fund administrator SS&C GlobeOp has opened a new office in Luxembourg.
Adveq promotes Arnaboldi and Knauer
Gaia Arnaboldi, Adveq
EQT loses battle in income tax war
EQT and a number of its employees will receive a tax bill of SEK 670m, according to Swedish newspaper Dagens Industri.
Ratos reports SEK 820m net profit for H1
Listed private equity firm Ratos made an SEK 820m profit before tax for the first half of 2013, compared with an SEK 16m loss in H1 2012.
Private equity firms eye Quadriga's AHT
Several private equity firms are said to be bidding for Quadriga Capital's AHT Cooling Systems.
House of Fraser mulls listing
House of Fraser, the department store controlled by West Coast Capital, Lloyds Banking Group and representatives of failed Icelandic banks, is considering a public listing.
Mid Europa's Serbia Broadband attracts private equity interest
Serbia Broadband, the telco firm backed by Mid Europa Partners, has attracted the interest of several private equity players, according to reports.