News
Altor and Bain bid for Ewos
Altor and Bain Capital have submitted an offer to Cermaq ASA to acquire Norwegian fish feeding company Ewos, valuing the business at NOK 6.2bn.
Adveq to open London office
Swiss fund-of-funds Adveq is in the process of setting up a new office in London.
One Equity Partners to split from JP Morgan
One Equity Partners (OEP), the private equity division of US bank JP Morgan Chase & Co, is to become an independent firm and will raise its next fund from an external LP base.
CIC Mezzanine tops up third fund with extra €15m
French GP CIC Mezzanine is understood to have held a final close for its third fund on €180m, €15m more than the amount announced at the beginning of May.
Ratos's SEK 1.4bn share emission fully subscribed
Ratos's emission of class-C preference shares to increase its share capital has been fully subscribed, generating proceeds of close to SEK 1.4bn in total before issuing costs.
EQT and GIC opt for Springer Science IPO
EQT and GIC's plans for a potential trade sale of German media publisher Springer Science to BC Partners have definitely been scrapped as the owners firmly focus on a listing.
CIC's head of PE sees opportunities in Europe
The challenging fundraising environment means it is a good time to target private markets, and Europe in particular, according to the head of China Investment Corporation's (CIC) private equity investment department.
Harris Williams opens Frankfurt office
Mid-market investment bank Harris Williams & Co has opened a second European office in Frankfurt.
LGV’s Heywood steps down
LGV Capital CEO Ivan Heywood has stepped down and will be replaced by current managing directors Michael Mowlem and Bill Priestly.
Vision Capital hires Lai as principal
Vision Capital has appointed Bordon Lai as a principal in its New York office.
Dechert makes new hires for Paris branch
Matthieu Grollemund, Dechert
Carlyle MDs Falézan and Colas to leave next year
Franck Falézan and Benoit Colas, two Carlyle managing directors with a focus on French buyouts, are set to step down in May next year.
Key Capital Partners’ Dwell close to administration
Furniture retailer chain Dwell could file for administration as early as this week, according to reports.
Uniqa to sell $665m private equity portfolio
Austrian insurance company Uniqa Versicherungen is planning to offload $665m of private equity positions ahead of Solvency II.
EQT's Springer Science still in dual-track process
BC Partners is reportedly left as the sole bidder for EQT portfolio company Springer Science, which announced IPO plans last week.
LBO France to team up with Fosun for Nocibé bid
French firm LBO France could make a joint bid with Chinese conglomerate Fosun for Nocibé, the French perfume and cosmetics retailer owned by Charterhouse, according to reports in the local press.
Clave Mayor to divest Gadea
Spanish venture capital investor Clave Mayor is to divest its 10% stake in pharmaceuticals developer Gadea.
Deutsche Annington to list ahead of Terra Firma fundraise
Deutsche Annington, the German real estate group backed by Terra Firma, has confirmed it will list on the Frankfurt Stock Exchange this year.
MML-backed Arena makes Asian bolt-on
MML Capital-backed Arena has acquired Malaysia-based Asia Tent International.
Calculus hires new investment director
Richard Moore, Calculus Capital
UK private equity industry proves downturn resilience
UK private equity and venture capital funds generated a 6% 5-year IRR during the five years throughout the financial crisis, outperforming the 2.5% achieved by the FTSE All-Share, according to a recently published study.
EIF and KOSGEB launch €250m Turkish fund-of-funds
The European Investment Fund (EIF) and the Small and Medium Enterprises Development Organisation of Turkey (KOSGEB) have established a Turkey-focused fund-of-funds targeting €250m.
Apax to lead GFI Informatique takeover
Apax France and listed fund Altamir Amboise have announced plans to lead a takeover offer for French listed IT business GFI Informatique.
Sovereign Capital appoints investment executive
Peter Shaw, Sovereign Capital