News
Alliance Venture and Springfondet merge
Norwegian early-stage investment firms Alliance Venture and Springfondet have merged to form Alliance Venture Spring.
BLP's PE head joins Jones Day
Law firm Jones Day has appointed Raymond McKeeve as a partner and member of the firm’s private equity practice.
Arle looks to cash in on Innovia
Arle Capital Partners has hired Deutsche Bank to manage a sales process for bank note supplier Innovia, which could fetch more than €500m.
SS&C GlobeOp opens new Luxembourg office
Connecticut-headquartered fund administrator SS&C GlobeOp has opened a new office in Luxembourg.
Adveq promotes Arnaboldi and Knauer
Gaia Arnaboldi, Adveq
EQT loses battle in income tax war
EQT and a number of its employees will receive a tax bill of SEK 670m, according to Swedish newspaper Dagens Industri.
Ratos reports SEK 820m net profit for H1
Listed private equity firm Ratos made an SEK 820m profit before tax for the first half of 2013, compared with an SEK 16m loss in H1 2012.
Private equity firms eye Quadriga's AHT
Several private equity firms are said to be bidding for Quadriga Capital's AHT Cooling Systems.
House of Fraser mulls listing
House of Fraser, the department store controlled by West Coast Capital, Lloyds Banking Group and representatives of failed Icelandic banks, is considering a public listing.
Mid Europa's Serbia Broadband attracts private equity interest
Serbia Broadband, the telco firm backed by Mid Europa Partners, has attracted the interest of several private equity players, according to reports.
GMT hires Jonny Maxwell
Jonny Maxwell, GMT
Robins joins SVG board
David Robins, SVG Capital
Catapult hires Lowe
Jonathan Lowe, Catapult Venture Managers
EdRip's fourth life sciences fund nears target
Edmond de Rothschild Investment Partners (EdRip) has so far raised €192m for its fourth life sciences fund, BioDiscovery 4, meaning the vehicle is close to reaching its target.
CMS Hasche Sigle hires Clifford Chance's Thomas Brunn
Thomas Brunn, CMS Hasche Sigle
Hellman & Friedman in Wood Mackenzie dividend recap
Hellman & Friedman has secured a dividend recap for UK-based consultancy Wood Mackenzie, according to reports.
German GPs cautious on venture
Kreditanstalt für Wiederaufbau (KfW) and BVK, the German private equity and venture capital association, have published a survey revealing decreased confidence in early-stage investments from local deal-doers in Q2.
Hengeler Mueller PE partner relocates to London
German law firm Hengeler Mueller has transferred one of its private equity partners, Steffen Oppenländer, to its London office.
Azulis set to hit the road in 2014
French mid-cap GP Azulis Capital is planning to start a new fundraising effort in the first half of 2014. Managing partner Michel Rowan talks to Greg Gille about the upcoming vehicle and the firm’s evolution
GP churn boosts IRR
Further to initial findings announced in 2011, additional research by Capital Dynamics and London Business School’s Coller Institute of Private Equity has concluded that higher team turnover in buyout houses improves overall performance.
Christian Brønden joins Industriens Pension
Danish pension fund Industriens Pension has appointed Christian Raaby Brønden as director of private investments.
TEP seeks €100m for new fund
Time Equity Partners (TEP) has launched its second venture capital fund and is seeking to raise €100m, having already collected two thirds of its target, according to reports in the French press.
Lloyds appoints new acquisition finance director
Lloyds Bank Commercial Banking has hired Eric Jenkins as a director in its acquisition finance division.
Mark Owen steps down from NBGI
Mark Owen, co-founder of NBGI Private Equity, has announced his retirement from the firm.