News
Terra Firma granted EMI retrial
Terra Firma is to undergo a retrial over EMI as the private equity house continues to claim that Citigroup fraudulently forced it to overpay for the music group.
EQT's Springer Science to announce IPO plans
Springer Science, a German publishing business owned by EQT, could announce plans for an IPO within the next two weeks, according to reports.
VC-backed crowdfunding platform InvestingZone set to launch
UK crowdfunding platform InvestingZone, backed by venture firm E-Synergy and Better Capital founder and managing director Jon Moulton, is preparing to go live next week.
Anson replaces Morelli as EVCA chairman
George Anson, managing director of Harbourvest, is to take over from Vincenzo Morelli as the European Private Equity and Venture Capital Association's (EVCA) latest chairman.
BC Partners hires ex-Blackstone MD
BC Partners is understood to have hired Matthew Tooth as a senior partner in its London office.
CVC plans Matas listing
CVC Capital Partners is understood to be planning an IPO for Danish beauty retailer Matas on the Copenhagen stock exchange.
Bain and Axa PE duel for Maisons du Monde
Bain Capital and Axa Private Equity are the two remaining bidders for French furniture stores chain Maisons du Monde, according to reports.
Enterprise Ventures appoints new mezzanine fund manager
Enterprise Ventures has hired Stewart McCombe to manage the firmтs ТЃ15m North West Fund for Mezzanine, which is part of the ТЃ185m North West fund.
VC-backed Just-Eat hints at future IPO
Online food delivery service Just-Eat, which is backed by a number of venture capital firms, has confirmed its plans to list on the stock market in the future.
TPG and VTB consider Lenta listing in London
TPG and VTB Capital are in talks with banks concerning a possible London listing of Russian supermarket chain Lenta.
Sun European halts sale of DBApparel
Sun European Partners has abandoned the attempted sale of DBApparel, the parent company of French underwear retailer Dim, due to a lack of sufficient offers for the business, according to French media.
Metastudy: Private equity drives innovation and growth
A new secondary research report has found that private equity investing leads to increased foreign investment and improvements in innovation.
FF&P appoints Joy as senior adviser
International wealth manager Fleming Family & Partners (FF&P) has appointed Andrew Joy as a senior adviser.
PineBridge's Calo joins Blackstone's Park Hill
Blackstone's placement agent division Park Hill Group has appointed Pablo Calo from PineBridge Investments.
Globalscope M&A network expands
Globalscope, a network of M&A practitioners, has admitted five new partner firms, bringing Poland and Greece into its reach.
Equistone reviews options for Allied Glass
Equistone has hired Rothschild to assess its options for Allied Glass, which could result in a sale later on this year.
Private equity tempted by Hotel Chocolat
Private equity houses are in talks with confectioner Hotel Chocolat regarding a possible purchase, which could see the company valued at around ТЃ100m.
Gimv makes 1.3x return on divestments for 2012/13
Gimv has announced a 1.3x return on divestments, relative to original acquisition value, for the year ending in March 2013.
Diana sale could yield €1bn for Axa PE
Axa Private Equity is mulling a sale for French food ingredients business Diana Ingredients, according to reports.
EU postpones Solvency II rules on pensions
The European Commission has postponed a bid to apply Solvency II style rules to pension funds as part of the revised IORP Directive.
Blackstone, Carlyle targeted by Stop G8 protests
Anti-capitalism protest group Stop G8 has publicised the London addresses of several private equity firms т including Blackstone, Carlyle and Lion Capital т ahead of the G8 Summit in June.
CVC to list bpost shares in IPO
CVC Capital Partners plans on listing a minority portion of its shares in Belgian postal service bpost in the business's upcoming IPO on the NYSE Euronext in Brussels.
Ares hires former Blair adviser
Ares Management has appointed former Tony Blair adviser Charles Steel as managing director, heading up the fund's European private equity operations.
LP chief heads for private equity
Barry Miller, head of private equity at New York City Retirement System, has left to join secondaries specialist Landmark Partners.