News
Permira casts its net for Ewos
Permira has joined Bain Capital and Altor in the bidding war for Norwegian fish farmer Cermaq’s fish feed division Ewos.
Law firm RPC hires Ahark
Sukh Ahark, RPC
LBO France’s Terreal taken over by creditors
French clay tile and brick manufacturer Terreal, owned by LBO France, has been taken over by creditors.
Private equity-backed Moncler to float
Luxury jacket maker Moncler, backed by Eurazeo and Carlyle, is to sell around 30% of shares in a flotation expected in December, according to reports.
Montagu to sell Host Europe for £400m
Montagu Private Equity is preparing its portfolio company Host Europe, a hosting and domain service provider, for a £400m sale that has attracted other private equity buyers.
Vion division attracts PE buyers
The €1.4-2bn sale of Netherlands-based Vion Food Group's ingredients division is attracting private equity buyers, according to reports.
Cerberus acquires 10 shopping centres in Germany
Cerberus Capital Management has bought a portfolio of 10 German shopping centres through an auction, according to reports.
Evercore establishes PCA business
Evercore Partners is establishing a private capital advisory (PCA) business to expand its global investment banking platform.
SEC lifts fund advertising ban
The Securities and Exchange Commission (SEC) has removed the prohibition on general solicitation and advertising for VC firms and PE houses when raising private funds in the US.
Markit moves into buyout valuations
Financial information services company Markit has launched Markit Portfolio Valuations – Private Equity, an independent valuation service for growth and buyout equity investments.
Listed funds' share prices jump 25%
Average listed private equity company share prices have risen 25% over the last year, and by 72% over the last three years, according to data published by the Association of Investment Companies (AIC).
AIFMD could result in fewer fund managers, says survey
A new survey by German software company Data Room Services and real estate firm Knight Frank reveals uneasiness about the upcoming Alternative Investment Fund Managers Directive (AIFMD) across markets in Europe.
UBS hires two in French mid-cap M&A team
Julien Pascal, UBS
BDC's Mezzo di Pasta enters safeguard procedure
Mezzo di Pasta, a French portfolio company of Bridgepoint Development Capital, has gone into "redressement judiciaire", a court-overseen safeguard procedure akin to the UK's receivership.
Carey Olsen appoints two partners
David Crosland, Carey Olsen
Lloyds' Rablen joins Investec
Paul Rablen, Investec
PineBridge appoints managing director
Paul Osborne, PineBridge
Carlyle considering IPO for Applus
After an aggressive acquisition strategy, Carlyle is understood to be considering an initial public offering of Applus, a multi-industry testing, inspection and certification services firm.
CVC to scrap infrastructure fund
Private equity firm CVC Capital Partners has cancelled plans to raise a €2bn infrastructure fund as part of change in its infrastructure investment strategy.
Van Campen Liem's team expands
Kersten and Wehmeijer, Van Campen Liem
Finance Wales-backed Orthos enters administration
Medical devices company Orthos, backed by Finance Wales, has gone into administration.
Corona Equity Partners restructures management
Private equity firm Corona Equity Partners (CEP) has restructured its management, appointing a new CEO and a new supervisory board member in the same week.
Corsair’s Davies eyes Lloyds
Former trade minister Lord Mervyn Davies, vice-chairman of US-based private equity firm Corsair Capital, is in the midst of assembling a group of investors to acquire a £10bn stake in Lloyds Banking Group, according to reports.
EQT to sell Swedegas
EQT is planning to sell Swedish gas grid operator Swedegas for an enterprise value in excess of €500m (SEK 4.3bn), according to reports.