News
Idinvest acquires stake in VC firm KLS
Idinvest Partners has acquired a stake in Kurma Life Sciences Partners (KLS) from the private equity arm of Natixis bank.
Innocenzo Cipolletta takes up Fondo Italiano presidency
Fondo Italiano di Investimento has announced its new board of directors, with Aifi's Innocenzo Cipolletta as president.
CVC appoints Benelux and TMT adviser
CVC Capital Partners has appointed Tenet chief executive Duco Sickinghe to its Benelux and TMT advisory boards.
Popular high-yield bond market shrinks refinancing wall
A new report has found that amend-and-extend activity has reduced the expected 2014-2015 refinancing wall.
Rabobank's Robeco snapped up by Orix
Robeco Group, the private equity arm of Dutch bank Rabobank, has been acquired by Tokyo-based financial services group Orix Corporation for €1.9bn (JPY 251bn).
Investec provides £110m debt package to Sun's Paragon
Investec Growth & Acquisition Finance has provided a ТЃ110m integrated debt facility to refinance the acquisition of Paragon Print & Packaging by Sun European Partners.
Blackstone and Lion eye Lucozade and Ribena
Blackstone and Lion Capital are to join forces and make a formal bid exceeding ТЃ1bn for Lucozade and Ribena, owned by GlaxoSmithKline, according to reports.
CVC forced to turn investors away
CVC Capital Partners has raised more than €10.5bn and can no longer accept investments from LPs wanting to commit to its sixth fund.
Better Capital posts 42% NAV growth
Listed private equity firm Better Capital has posted 42.08% value growth combined NAV and distribution for Fund I.
EVCA appoints first LP as chairman
George Anson, EVCA
Tikehau takes 35% stake in Duke Street
Duke Street has sold a 35% stake of itself to Paris-based investment firm Tikehau Group in an effort to boost the firmтs deal-by-deal model.
Langholm nearing exit from Tyrrells
Langholm Capital, private equity owner of UK-based Tyrrells, is one step closer to selling the crisp maker for ТЃ100m as first round bids come to a close.
PE-backed Aston Martin used as collateral for owner's debt restructuring
British car-maker Aston Martin, which is part-owned by private equity firm Investindustrial, has been used as collateral by its majority backer, The Investment Dar (TID) in a fresh debt restructuring plan with creditors.
Lyceum hires two
Matthew Norrington, Lyceum Capital
Charterhouse considers Elior IPO
Charterhouse is considering the flotation of French catering business Elior, due to a lack of bids for the company reaching the firm’s €4bn asking price, according to the Financial Times.
S&P launches mid-market assesment service
As banks continue to hold back lending for mid-market companies, Standard & Poor’s (S&P) has launched a European credit benchmark for the neglected market segment.
unquote" Awards: More tips for entering
Entries for the unquote" British Private Equity Awards are due Friday 5 July. Meanwhile, here are eight tips from unquote" editor-in-chief Kimberly Romaine to improve your chances.
Axa PE and Fosun increase Club Med bid
Axa Private Equity and Fosun International have increased their offer to wholly acquire listed French holiday resorts group Club Méditerranée to €17.50 per share, up from the initial offer of €17 per share.
Charterhouse hires former Blackstone MD
Charterhouse has appointed Leif Lindbäck, a former managing director at Blackstone.
Octopus launches institutional venture fund
Octopus Investments has announced the launch of its first institutional investors fund.
Caird's TM Lewin in potential £100m sale
TM Lewin, a London-based shirt maker backed by Caird Capital, could go up for sale with a ТЃ100m price tag, according to reports.
CVC Credit raises €350m for debt fund
CVC Credit Partners has placed €350m's worth of shares for its listed debt fund, CVC Credit Partners European Opportunities.
CVC raises €812m in bpost IPO
CVC-backed bpost started trading on the NYSE Euronext Brussels today, in an IPO valuing the business at €2.9bn.
Private equity circles D&G
Private equity firms including Blackstone, CVC and Clayton Dubilier & Rice are believed to be in a second round of bidding for Advent International's Domestic & General (D&G).