News
Oaktree's Countrywide to launch £200m IPO
UK-based real estate agency Countrywide, a portfolio company of Oaktree Capital Management, confirmed it will list on the London Stock Exchange.
CVC, BC Partners to team up for Elior bid
UK-based private equity houses CVC Capital Partners and BC Partners are reportedly planning a €3.5bn bid for French catering company Elior.
Clessidra loses out on Telecom Italia
Italian private equity house Clessidra has lost out on national television network Telecom Italia as the company entered into exclusive talks with media firm Cairo Communication, according to reports.
Orix buys Robeco for €1.9bn
Japanese financial services firm Orix has bought the asset management arm of Rabobank, Robeco, for €1.935bn.
Apollo's Taminco considers IPO in US
Apollo Global Management portfolio company Taminco Global Chemical, a Belgian chemical business, is understood to be considering a US flotation.
Nova Capital promotes Jonathan Seal
Nova Capital Management, a firm specialising in the acquisition of corporate and private equity portfolios, has promoted Jonathan Seal to investment partner.
Arle names Nason new partner
Arle Capital Partners has named Quentin Nason as partner in charge of investor relations, strategy and business development.
Sovereign's World Class Learning to fetch >£150m
Buy-and-build specialist Sovereign Capital is a step closer to realising its 2008 investment in World Class Learning (WCL), a British exporter of educational services.
Orix Corporation looking to buy Robeco
Japanese financial services firm Orix has confirmed that it is considering buying the asset management arm of Rabobank for up to €2bn.
CapMan sells remaining shares in MQ
CapMan has sold its entire 28% stake in listed Swedish fashion retail chain MQ for SEK 16 per share, according to reports.
SVG Capital injects €100m into Cinven
Listed investment trust SVG Capital has committed тЌ100m to the latest fund managed by London-based GP Cinven.
Private equity players circle Republic
The founder of fashion chain Republic, which went into administration earlier this week, is considering teaming up with a private equity buyers to rescue the business, according to reports.
Van Campen Liem opens Luxembourg office
Dutch law firm Van Campen Liem has announced the opening of its Luxembourg office.
Aberdeen acquires majority stake in SVG Advisers
Aberdeen Asset Management has acquired a 50.1% stake in SVG Capital subsidiary SVG Advisers (SVGA) for ТЃ17.5m.
OceanBridge appoints partners to London office
Deal-by-deal investor OceanBridge Partners has appointed Bob MacKenzie and Nick Hewitt as partners at its London office.
TPG-backed retailer Republic enters administration
British clothing retailer Republic, owned by TPG Capital, has appointed Ernst & Young as its administrator.
ECI promotes Lewis Bantin to partner
ECI Partners has promoted Lewis Bantin to partner within the firm.
ESMA publishes remuneration guidelines
The European Securities and Markets Authority (ESMA) has published guidelines for the remuneration of senior employees in alternative investment funds.
3i exits Mold-Masters to Milacron
3i Group has sold Canadian portfolio company Mold-Masters to Milacron for CAD 975m (approximately £615m) through an auction process, reaping a 2.6x money multiple.
Financial rewards still main incentive for chairmen of PE-backed businesses
The potential of a significant pay-out on exit is still the main incentive for working with private equity-backed businesses, according to a recent survey of 502 UK-based chairmen and non-executive directors (NEDs).
Blackstone appoints new MD for Iberia
Blackstone has appointed Inaki Echave as managing director, with a primary focus on Spain and Portugal.
E&Y: Corporates failing to look at PE as potential buyer
Only 3% of corporates surveyed by Ernst & Young for its latest Global Corporate Divestment Study believe private equity funds to be the most likely acquirer should they divest part of their business.
Octopus looking to raise £70m over four VCTs
Octopus Investments has announced plans to raise ТЃ70m over four VCTs, targeting UK SMEs.
Paul Hastings expands European practice
Law firm Paul Hastings has appointed David Revcolevschi as a partner in its European corporate practice, based in the firm's Paris office.