News
Doughty Hanson refocuses on private equity
Doughty Hanson has completed its internal restructuring, moving away from real estate and venture, alongside the creation of a new partnership structure.
CapMan to hire new CEO
CapManтs board of directors has started a search process to replace its current CEO Lennart Simonsen, who is resigning from his position as part of the firmтs development programme.
Highland Capital appoints partner
Global venture capital firm Highland Capital Partners Europe has appointed Tony Zappalà as a partner within its European team.
Cerberus buys loan portfolio from Liberbank
US private equity house Cerberus Capital Management is understood to have acquired a portfolio of loans worth €574m from Spanish lender Liberbank.
Private equity firms prepare £10bn EE bid
Apax Partners and KKR are bidding against Blackstone and CVC Capital Partners for UK mobile phone operator EE, according to reports.
Travers Smith appoints senior partner
UK law firm Travers Smith has promoted Chris Hale, currently head of corporate, to senior partner.
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Olympia Furniture enters administration
SKG Capital-owned furniture manufacturer Olympia Furniture, based in the Greater Manchester area, has failed to find a buyer and has therefore been placed into administration.
Endless hires GCP's Santinon
UK turnaround investor Endless has hired Francesco Santinon as a senior recruit in the firm's London office.
New German GP Rantum Capital targets mid-market
A group of German businessmen, including former Morgan Stanley Germany CEO Dirk Notheis, have founded a new private equity firm named Rantum Capital.
Apax and LBO France to sell Maisons du Monde
Apax France- and LBO France-owned furniture stores chain Maisons du Monde is up for sale in a process run by investment banks Lazard and Messier Maris, according to reports.
Warburg Pincus's Premier Foods loses 2nd top exec in a row
Premier Foods COO Geoff Eaton is due to step down just a week after the appointment of a new CEO for the business.
PE backers to reduce NXP Semiconductors stakes
AlpInvest Partners, Apax Partners, Bain Capital Partners, KKR and Silver Lake Technology Management are due to sell 30 million shares in listed Dutch semiconductor developer NXP Semiconductors.
Upcoming IPO values Moscow Exchange at c$4bn
Private equity-backed Moscow Exchange has set a price range of RUB 55-63 per share for its flotation, according to reports.
Freitag & Co appoints managing director
German corporate finance adviser Freitag & Co has appointed Christoph Seeger to managing director in the firm's Frankfurt office.
Clifford Chance names new head of banking and capital markets
Law firm Clifford Chance has appointed Alexandra Hagelüken as new head of banking and capital markets in Germany.
Curtis appoints new partner in Paris office
Law firm Curtis Mallet-Prevost Colt & Mosle has promoted Grégoire Andrieux to partner in the corporate practice of its Paris office.
KKR and Permira looking to exit ProSiebenSat.1
KKR and Permira are looking to sell their stakes in German private broadcaster ProSiebenSat.1 to a trade buyer, according to reports.
Mid Europa-backed Bitė refinances debt
Mid Europa's Lithuanian telecoms company Bitė has refinanced its existing debt with €200m of senior secured floating rate notes at a 7.5% margin.
PE houses circle Côte Brasserie
Private equity firms including LDC, Bridgepoint and Equistone are due to bid for UK-based restaurants chain CУДte Brasserie next week, according to media reports.
Cinven-backed Spire Healthcare pays down debt
Cinven-backed Spire Healthcare has sold off 12 of its 38 hospitals in a bid to raise cash to reduce the large bank debt on its books.
EdRip planning to raise extra €500m by 2017
French GP Edmond de Rothschild Investment Partners (EdRip) is planning to close its latest healthcare fund on €200m in 2013 and raise two new growth capital vehicles within the next four years.
CVC to lead €1.8bn restructuring of SNS Reaal
CVC Capital Partners will lead a consortium to restructure SNS Reaal, a Dutch insurer and the country's fourth largest bank, according to local press.
KKR bolsters European buyout fund
KKR is reportedly set to use uninvested capital to back its second European buyout fund, while extending the fund's life span, according to reports.