News
Lloyds' Rablen joins Investec
Paul Rablen, Investec
PineBridge appoints managing director
Paul Osborne, PineBridge
Carlyle considering IPO for Applus
After an aggressive acquisition strategy, Carlyle is understood to be considering an initial public offering of Applus, a multi-industry testing, inspection and certification services firm.
CVC to scrap infrastructure fund
Private equity firm CVC Capital Partners has cancelled plans to raise a тЌ2bn infrastructure fund as part of change in its infrastructure investment strategy.
Van Campen Liem's team expands
Kersten and Wehmeijer, Van Campen Liem
Finance Wales-backed Orthos enters administration
Medical devices company Orthos, backed by Finance Wales, has gone into administration.
Corona Equity Partners restructures management
Private equity firm Corona Equity Partners (CEP) has restructured its management, appointing a new CEO and a new supervisory board member in the same week.
Corsair's Davies eyes Lloyds
Former trade minister Lord Mervyn Davies, vice-chairman of US-based private equity firm Corsair Capital, is in the midst of assembling a group of investors to acquire a ТЃ10bn stake in Lloyds Banking Group, according to reports.
EQT to sell Swedegas
EQT is planning to sell Swedish gas grid operator Swedegas for an enterprise value in excess of тЌ500m (SEK 4.3bn), according to reports.
Marlborough opens in Frankfurt; names 3i's Ehrler as partner
Markus Ehrler, Marlborough
PE firms circle Deutsche Telekom internet portal
Scout24, the internet portal owned by Deutsche Telekom, has attracted the interest of PE firms looking to buy a minority stake in the company.
Bankia to divest private equity portfolio
Bankia is to sell a portfolio of private equity funds and unlisted equity investments.
Lebus replaces Armitage as LPEQ chairman
Andrew Lebus, LPEQ
French PE still outperforms rest of continental Europe
French private equity funds have returned 8.6% since inception, according to the latest performance figures published by local trade body AFIC.
Rabo Capital looks to sell DORC
The private equity division of Rabobank, Rabo Capital, is planning to sell portfolio company Dutch Ophthalmic Research Centre (DORC).
IK mulling sale of Axtone
IK Investment Partners is reportedly planning to exit Axtone, a Polish rail freight buffer manufacturer.
Dwell bought back by founder
Dwell, a UK-based furniture chain backed by Key Capital Partners that went into administration at the end of June, has been bought back by founder Aamir Ahmad.
ECI eyes £150m sale of CarTrawler
ECI Partners is preparing its Dublin-based portfolio company CarTrawler for a possible auction that could value the business at ТЃ150m, according to reports.
Private equity firms circle Card Factory
UK greetings card retail chain Card Factory, backed by Charterhouse Capital Partners, has attracted interest from Advent International, KKR and Clayton Dubilier & Rice.
Carey hires new director for fund admin division
Joe Truelove, Carey Group
Kelso's Nicole Farhi goes under
High-end fashion company Nicole Farhi, backed by Kelso Place, has gone into administration.
Terra Firma's Deutsche Annington holds off on IPO
German housing company Deutsche Annington Immobilien (DAI), which is backed by Terra Firma Capital Partners, has reportedly postponed its €1.1bn IPO on the Frankfurt Stock Exchange due to low investor demand.
Axa PE-backed Saur in debt-for-equity swap
Saur, a French water company backed by Axa Private Equity and sovereign wealth fund FSI, will be taken over by its lenders later this month.
Gores' Hammad to lead Flybe
Saad Hassan Hammad, managing director of operations for Gores Group, has been appointed as budget airline Flybe’s latest CEO.