News
Riverside hires three for German office
Patrick Schaich, Riverside
Omnes finalises spinout, secures €70m commitment for new fund
Omnes Capital, the former private equity arm of French bank Crédit Agricole, has started raising its fourth SME-focused fund and is now wholly owned by its management team.
Tikehau poaches Axa PE's Mayer-Levi in private debt push
Cécile Mayer-Levi, Tikehau
Constellation hires Dieter Scheiff
Dieter Scheiff, Constellation
Beringea makes debt move with Mark Taylor hire
Mark Taylor, Beringea
Octopus launches £50m Titan fundraise
Octopus Investments has launched a £50m fundraise for its Titan Venture Capital Trusts (VCTs).
Private equity firms eye Spain’s Evo Banco
Private equity houses are circling a division of one of Spain’s nationalised banks, Evo Banco, according to the Financial Times.
Altius reshuffles management team
John Hess, Altius
British Private Equity Awards: shortlist announced
Awards shortlist
Eversheds Italy hires new partner
Marco Franzini, Eversheds
Cinven partner Gibson steps down
Cinven partner Rebecca Gibson has stepped down after 11 years at the firm.
Environ appoints Andrews as principal
Richard Andrews, Environ
Adveq opens London office
Funds-of-funds manager Adveq has officially opened its new London office.
Advent appoints Hanspeter Spek as operating partner
Advent International has appointed ex-Sanofi president Hanspeter Spek to its operating partner programme.
Providence seeks M7 dividend recap
Providence Equity Partners and Airbridge Investments, the owners of satellite television company M7 Group, are seeking to reap a dividend of approximately €300m from a recapitalisation, according to reports.
CDC appoints ex-Permira partner as chairman
Graham Wrigley, CDC
Deloitte hires two in Germany
Deloitte has appointed Markus Schackmann and Christofer Mellert as new partners in its German tax and legal services practice.
Blackstone to settle IPO lawsuit with $85m payment
Blackstone has reportedly agreed to make a payment of $85m to settle a lawsuit after investors argued that the private equity giant failed to disclose "bad investments" prior to its $4.7bn IPO in 2007.
Numericable and Completel owners seek merger
Cinven and Carlyle Group are seeking to merge their jointly owned portfolio companies Numericable and Completel in preparation for a potential flotation, according to reports.
Rocket Internet founders back 3 businesses with new fund
Rocket Internet's founders Oliver and Marc Samwer are understood to have invested a total of $5m in online start-ups Lingoda, GirlMeetsDress and Videdressing.com via their new €150m Global Founders Capital (GFC) fund.
PE backers looking to divest Burton’s Biscuits
Burton’s Biscuit Company, owned by Apollo Global Management and Duke Street, is up for sale with a price tag of £350m, according to reports.
Lack of exits forces Candover to make contingency plans
Without any realisations in the first half of this year and a growing debt burden, listed entity Candover Investments has started to review a range of alternative plans including refinancing existing facilities.
EQT promotes Blecher and de Muynck
Lennart Blecher, EQT
BNP Paribas carves out direct PE arm
Team members of BNP Paribas Private Equity have created a new company to manage the GP's direct funds, while the French bank will remain in control of the funds-of-funds business.