News
Gimv sells stake in Halder
Belgian private equity firm Gimv has handed back its stake in fellow German private equity house Halder to the GP.
Afic launches ESG committee
French private equity association Afic has created a dedicated environmental and social governance (ESG) committee to strengthen its commitment to extra-financial business issues.
Wellington Partners appoints Essig as venture partner
Wellington Partners has appointed Stuart Essig as venture partner in its life sciences team.
Marie Reinius resigns as head of SVCA
Marie Reinius has resigned as head of the SVCA, while Segulahтs Gabriel Urwitz is set to take over as new chairman of the organisation.
Astorg appoints analyst
Astorg Partners has appointed Marion Guillemain as an analyst.
Axa Private Equity to spin off from parent company
Insurer Axa is set to sell its private equity arm to a management-led consortium, following months of speculation, for €510m.
Advent to close Turkey office
Advent International will close its Turkey office by the end of the month, raising questions about the once burgeoning market it has been involved in since 2001.
Northzone's Asetek becomes latest PE-backed IPO
Northzone's US-based company Asetek has listed on the Oslo Stock Exchange, the latest in a string of IPOs in Europe including Moleskine and Countrywide.
Eurazeo plans Moncler disposal
French listed investment firm Eurazeo is planning to exit Italian ski jackets maker Moncler through an IPO, according to reports.
KKR-backed Boots in deal with drug wholesaler AmerisourceBergen
Alliance Boots, backed by KKR and Axa Private Equity, and its US owner the pharmaceutical retailer Walgreens have struck a deal with US drug wholesaler AmerisourceBergen, according to reports.
Eurazeo posts 16% NAV increase in 2012
French listed buyout firm Eurazeo saw its NAV increase by 16% in 2012, fuelled by improved contributions from portfolio companies and an acceleration of divestments over the past six months.
3i receives private equity bids for Civica
3i has received bids from a number of fellow private equity houses for its UK-based software business Civica, according to reports.
Former Calpers head charged with fraud
A former Calpers CEO has been charged with conspiracy, fraud and obstruction of justice by Californian prosecutors.
Pantheon extends pension fund deal to Europe
Pantheon has received an allocation of capital for private equity investment, managed on behalf of the Illinois Municipal Retirement Fund (IMRF).
Sovereign appoints Bergvall as investment manager
Sovereign Capital has appointed former Duke Street deal originator Monica Bergvall as an investment manager in its direct origination team.
Countrywide's IPO pricing at top of range
Private equity-backed estate agent Countrywide has narrowed its IPO pricing at the upper end of its range.
Syntegra's Moleskine launches IPO
Syntegra Capital has launched the IPO of portfolio company Moleskine in a listing that could value the business at up to €530m.
Marks & Spencer circled by Qatar-led consortium
Iconic British retailer Marks & Spencer could be the target of an ТЃ8bn takeover by a Qatar Investment Authority-led consortium, which could also include private equity players such as CVC, according to reports.
Axa PE raises €1.75bn for infrastructure fund
Axa Private Equity has closed its largest ever infrastructure fund on €1.75bn, including €300m of co-investments.
Calls for calm over BoE private equity report
Private equity professionals should not panic over the latest Bank of England report on the private equity sector, according to the ICAEW.
Iris Capital and Capnamic Ventures join forces
Iris Capital and Capnamic Ventures have entered into a partnership agreement to make early-stage investments in Germany.
NorthEdge Capital appoints investment manager
NorthEdge Capital has appointed Tom Rowley as an investment manager in its Leeds office.
GSK plans Lucozade and Ribena sale
Pharmaceutical group GlaxoSmithKline (GSK) has put soft drinks brands Lucozade and Ribena up for sale, giving rise to a bidding war in excess of ТЃ1bn, according to reports.
Maven launches £5m top up offer for VCTs
Maven Capital Partners has launched a ТЃ5m top-up offer for Maven Income and Growth VCT 4.