News
Altor receives SEK 500m tax bill
Partners at Altor will receive an additional tax bill of SEK 500m for the 2008 income year, according to local media reports.
Dennison leaves Providence for Park Square Capital
Credit investor Park Square Capital has hired Piers Dennison, formerly managing director at Providence Equity Partners, as head of investor relations.
Hauck & Aufhäuser hires new head of Luxembourg office
Hauck & Aufhäuser has appointed Marc Kriegsmann as the new managing director for Hauck & Aufhäuser Alternative Investment Services.
HSBC’s Bowser joins Endless
Wayne Bowser, Endless
Triton-backed Befesa invests €30m in new facility
Recycling and industrial waste disposal company Befesa, backed by Triton, is developing a €30m smelting plant in Saxony-Anhalt, Germany.
Numericable plans IPO
Cinven- and Carlyle-backed Numericable has laid out plans for an IPO on the NYSE Euronext Paris.
Noerr hires Skadden's Koppmann to expand PE team
Tobias Kappmann, Noerr
Silverfleet’s Aesica receives £30m for site expansion
Pharmaceutical manufacturer Aesica, backed by Silverfleet Capital, is expanding its manufacturing facility in Kent following a £30m investment.
Mercia appoints Mike Hayes
Mike Hayes, Mercia Fund Management
VC-backed Criteo files for $190m IPO
Criteo, a French advertisement targeting solutions provider for e-commerce sites backed by a number of venture capital firms, has filed for its IPO with the US Securities and Exchange Commission (SEC).
bm-t hires new general manager
bm-t Beteiligungsmanagement Thüringen has appointed lawyer Udo Werner as its new general manager.
BVCA hits back at Alexander tax attack
Following Danny Alexander’s call to close loopholes used by private equity at the Liberal Democrat conference yesterday, the BVCA has hit back.
Aztec Group appoints new COO
John Gavey, Aztec Group
Lazard hires Anchorage's Christian Fritsch
Global investment bank Lazard has appointed Christian Fritsch as new managing director and head of restructuring at its German office.
Private equity firms eye Versace
Several buyout houses have expressed an interest in buying a stake in Versace, according to Reuters.
Tax crackdown on UK PE firms
Treasury chief secretary Danny Alexander will declare that he is closing tax loopholes used by accountants and private equity firms in the UK at the Liberal Democrat conference in Glasgow today.
AlpInvest’s Royce leaves after six years
AlpInvest Partners’ fund investment co-head, Elliot Royce, has resigned from the firm to focus on working with potential new entrants to the US market.
BC Partners secures Phones4u dividend recap
BC Partners is to receive a dividend payout after phone retailer Phones4u issued bonds worth £200m.
Bowmark loses investment director
Dylan Bourguignon is understood to have stepped down as investment director at Bowmark Capital.
Altius appoints Pfister as partner
Private equity advisory firm Altius Associates has appointed Peter Pfister as partner and head of Asia-Pacific.
BV Group to raise CHF 10m for Finox
BV Group is aiming to raise CHF 10m for Finox, a developer of fertility drugs, through a share issue.
Strategic buyers close in on Grohe
German bathroom manufacturer Grohe, backed by TPG Capital and Credit Suisse's private equity arm, has received bids of less than €3bn from strategic buyers, according to reports.
Accent sets sight on Candyking IPO
Accent Equity Partners is to pursue a flotation of confectionery retailer Candyking, according to reports.
Private equity vies for Mergermarket
HgCapital, Exponent and Advent International have all been linked to the sale of Mergermarket by parent group Pearson.