News
CVC appoints Daniels to Global Financial Institutions advisory board
CVC Capital Partners has appointed Eric Daniels to its Global Financial Institutions advisory board with immediate effect.
Natixis appoints Pierre-Henri Denain to head of EMEA
Natixis has appointed Pierre-Henri Denain to head the EMEA platform in the firm's wholesale banking division.
Clessidra to make another offer for Telecom Italia
Italian GP Clessidra is to make a new offer for Telecom Italia Media, according to reports.
Enterprise Ventures launches loan fund with Unity Trust Bank
Venture capital investor Enterprise Ventures has reportedly set up a ТЃ3m loan fund with Unity Trust Bank.
Abraaj Capital mulling Acibadem Sigorta sale
Abraaj Capital is planning to sell its 50% stake in Turkish health insurer Acibadem Sigorta, according to reports.
PAI looking to buy R&R Ice Cream for up to €1bn
PAI partners has edged closer to buying British ice cream manufacturer R&R Ice Cream from Oaktree Capital, according to reports.
Sports Direct to buy Republic
Republicтs administrators Ernst & Young have confirmed Sports Directтs acquisition of the high street fashion chain.
3i's Simon Borrows invests £7.7m in firm
3i CEO Simon Borrows has acquired 2.5 million shares in the company for an average price of 308.8p per share.
Penta-backed Esure moves forward with IPO plans
Penta Capital's portfolio company Esure has confirmed its intention to list on the London Stock Exchange.
Palio to disband as partners join Chenavari
Debt investor Palio Capital Partners founders Mike Henebery, Jerry Wilson and Darren Gibson have joined credit-focused hedge fund Chenavari Investment Managers as partners.
KSL's The Belfry secures £25m financing from Lloyds
KSL Capital Partners portfolio company The Belfry has secured a ТЃ25m financing package from Lloyds Bank, according to local reports.
Advanced Capital appoints new CEO
Advanced Capital, a European alternative investment specialist founded by financier Robert Tomei, has appointed Robert Berlé to CEO.
Acanthus: Private equity fundraising remained tough in 2012
Research from mid-market advisory firm Acanthus shows that 2012 saw an even tougher fundraising climate than the previous year.
Mid Europa announces 2013 promotions
CEE-focused buyout house Mid Europa Partners has promoted six members of its team.
GPs feel heat as LPs raise fund contribution expectations
LPs are increasingly expecting GPs to make a 2% contribution to their next fund, putting pressure on investment professionals to earn carry, according to an Investec survey.
Spanish government attempts to boost alternative funding for SMEs
The Spanish government has announced its intention to facilitate investment in SMEs at a press conference after the Council of Ministers meeting, say reports in the local press.
CVC places Evonik shares as IPO markets wake up
CVC is the latest GP taking a more flexible approach to exiting its businesses, selling a share in chemicals business Evonik to institutional investors in preparation for an IPO.
Carlyle earnings disappoint
Carlyle Group's economic net income has declined by 28% compared to last year, causing its share price to fall by almost 8%.
Atlantic-Pacific Capital appoints partner
Placement agent Atlantic-Pacific Capital has appointed Brian Wade as partner.
CapMan Buyout appoints Johnson as partner
Nordic mid-market private equity investor CapMan Buyout has appointed Dan Johnson as a partner in its Stockholm office.
KKR to sell BMG stake to Bertelsmann
KKR is reportedly about to sell its 51% stake in joint music venture BMG to co-owner Bertelsmann.
Argos Soditic to buy four Sage subsidiaries
Mid-cap GP Argos Soditic has entered exclusive negotiations with Sage Group regarding the acquisition of four of its software-focused subsidiaries in France and Spain.
Ratos made SEK 363m loss in Q4
Ratos made a net loss of SEK 363m in the fourth quarter of 2012 and expects the downwards trend to continue during the first half of 2013.
Ista sale to kickstart German large-cap activity
Charterhouse and CVC Capital Partners are expected to launch exit proceedings for German energy-metering firm Ista, amid speculation that German deal values could surge in the coming year.