News
BVCA halves senior council
The British Private Equity and Venture Capital Association (BVCA) has seen eight of its senior council members step down following an internal review into governance.
Debt provider Kreos funds PE-backed Kreditech
Data technology provider Kreditech, backed by private equity firms such as Blumberg Capital, Point Nine Capital and H2 Investments, has secured a $7m credit line from Kreos Capital.
Uniqa sells private equity portfolio
Austrian insurance group Uniqa has sold its entire private equity portfolio to international investors.
SJ Berwin's Gold joins Electra's board
SJ Berwin funds partner Josyane Gold has joined Electra Private Equity’s board as a non-executive director.
3i closes €310m CLO
3i Debt Management has closed its first European collateralised loan obligation (CLO) vehicle, Harvest VII, on €310m.
Eversheds hires DLA’s Beardmore as senior corporate partner
Eversheds has appointed Mark Beardmore as corporate partner in its Company Commercial practice group.
Partners Group to sell non-private-equity businesses
Partners Group has announced the sale of its remaining stakes in two non-private-equity-affiliated firms.
Edmond de Rothschild Capital Partners loses de Montgolfier and Fouque
Managing partners Eric de Montgolfier and Erick Fouque have left French GP Edmond de Rothschild Capital Partners (ERCP), to be replaced by Bertrand Demesse and Louis-Antoine Roullier.
Holtzbrinck hires new managing partner
German venture capital firm Holtzbrinck Ventures has hired Christian Saller as managing partner.
Lloyds Bank hires HSBC and RBS directors
Lloyds Bank Commercial Banking has appointed Dave Furlong of HSBC and Kate Grimoldby of RBS to its north of England acquisition finance team.
HP Ventures' Davidson steps down
Eran Davidson, managing director and CEO of Hasso Plattner Ventures (HP Ventures), has left after eight years at the venture capital firm.
Axa Private Equity appoints managing director
Juan Angoitia, Axa Private Equity
Index’s Dibner joins DFJ Esprit
Gil Dibner, DFJ Esprit
Private equity misses out on Lucozade, Ribena sale
GlaxoSmithKline (GSK) has agreed to sell popular drinks brands Lucozade and Ribena, which had attracted interest from buyout houses including Blackstone and Lion Capital, to Japanese trade player Suntory for £1.35bn.
LBO France adds MD to operating team
Etienne Colas, LBO France
PE-backed Galantos Pharma sells Alzheimer's drug
Galantos Pharma, a pharmaceutical company backed by High-Tech Gründerfonds (HTGF) and KfW, has sold its Alzheimer's drug Memogain to Neurodyn.
British Private Equity Awards - Last chance to vote
Voting for the 2013 unquote" British Private Equity Awards ends today at 5pm BST.
Lexington to raise $8bn secondaries fund
Secondaries investor Lexington Partners is aiming to raise $8bn for its Lexington Capital Partners VIII fund, which will launch next year.
Blackstone and GIC to acquire Rothesay stakes
Blackstone and Singaporean sovereign wealth fund GIC are set to each buy a 30% stake in UK-based insurer Rothesay Life from Goldman Sachs, according to reports.
Karmijn Kapitaal nears €50m fund target
Netherlands-based, female-led private equity firm Karmijn Kapitaal has almost reached the €50m target for its maiden fund, Karmijn Kapitaal I, which is due to close next month.
Denham relocates power and renewables team to London
US energy- and resources-focused private equity firm Denham Capital has relocated the headquarters of its power and renewables team to London to pursue opportunities in emerging overseas markets.
KKR and Permira sell further shares in ProSiebenSat.1
KKR and Permira have sold another stake in German broadcaster ProSiebenSat.1, reducing their joint share to 33%.
Foresight to raise £200m through Solar Fund float
Foresight Group is to list its Foresight Solar Fund on London Stock Exchange’s main market with plans to raise £200m.
TPG buys Servihabitat from La Caixa
Texas Pacific Group (TPG) has acquired a 51% stake in Servihabitat Gestión Inmobiliaria from La Caixa for €185m, according to reports in the Spanish press.