News
AXA PE appoints private debt co-head
AXA Private Equity has promoted Olivier Berment to co-head of its private debt business.
Four European mid-cap players team up, create Private Equity Network
Activa Capital, Graphite Capital, ECM and MCH have launched the Private Equity Network (PEN), a pan-European initiative designed to help their portfolio companies expand internationally.
Electranova Capital completes first two deals
Electranova Capital, EDF's cleantech investment fund, has completed investments in French electricity management company Actility and Norwegian wind power business Seatower.
CVC and Cinven cash in on Smurfit Kappa
CVC Capital Partners and Cinven have divested half of their 8% stake in Irish packaging company Smurfit Kappa, reaping around тЌ80m.
Survey highlights extent of LP/GP perception gap
LPs and GPs still hold vastly divergent views on key aspects of their relationship, with terms & conditions and communication being the major areas of conflict, according to recent research by Acanthus.
3i looking to divest Labco and Civica
3i has initiated much anticipated exit processes for Labco and Civica, two acquisitions made in 2008, according to reports.
Albion and Octopus merge respective VCTs
Albion Ventures merged two VCTs earlier this week, while Octopus Investments merged four vehicles shortly afterwards.
Blackstone and Anacap set up joint venture for financial assets
The Blackstone Group and Anacap Financial Partners have set up a joint venture to buy European financial assets.
GE Capital appoints German head of leveraged finance
GE Capital has appointed Ralph Betz as head of its German leveraged finance team in Frankfurt.
Shareholders reject Trilantic's bid for Euskaltel
Shareholders in Basque telecommunications group Euskaltel have rejected Trilantic’s bid for the company due to disagreements over the company’s valuation, according to reports in the Spanish press.
Greenpark promotes Daniel Green to CIO
Secondaries player Greenpark Capital has promoted Daniel Green to chief investment officer.
Phil Frame joins NorthEdge
NorthEdge Capital has appointed Phil Frame as senior investment executive in its Manchester office.
Quilvest-backed Tortilla secures £2.25m refinancing
Tortilla, the Mexican fast food group backed by Quilvest, has secured ТЃ2.25m in new bank financing from Santander Corporate Banking.
UK Green Investment Bank appoints ex-PE exec as CEO
State-backed Green Investment Bank has appointed Shaun Kingsbury, a former partner at private equity house Hudson Clean Energy Partners, as chief executive officer.
Gimv reshapes strategy to boost future growth
Belgian GP Gimv has announced an overhaul of its strategic orientation and management team, in order to strengthen its position in the industry.
Apax's Mann leaves, replaced by healthcare co-head
Senior healthcare deal-maker Khawar Mann has left Apax Partners to join Russian clinics group Medsi.
Aster Capital to reduce fund target
French corporate-backed venture capital firm Aster is said to be aiming for a €105m final close for its second fund, down from an initial €120m target.
Amundi takes 7.5% stake in French GP NextStage
French asset manager Amundi has bought a 7.5% stake in small-cap specialist NextStage from financial holding Artémis.
Blackstone raises $834.8m for new listed debt fund
The Blackstone Group has raised $834.8m in the IPO of its new closed-ended debt vehicle GSO Strategic Credit Fund.
Capital Dynamics to close Zurich office
Swiss private equity firm Capital Dynamics has confirmed it will be closing its Zurich office within the next few months, relocating staff to its Zug and London offices.
Quilvest expands in Brazil and Switzerland
Quilvest Group has opened its 12th and 13th offices in Sao Paulo and Geneva.
IPO rumours for PE-backed OdigeO
AXA Private Equity and Permira are exploring options for online travel group OdigeO, including a potential flotation, according to reports.
Clessidra makes offer for Telecom Italia
Italian GP Clessidra has made a non-binding offer for the entire business of television company Telecom Italia Media, according to reports in the local press.
August Equity appoints investment director
UK-based private equity house August Equity has hired Stuart Quin as an investment director to focus primarily on the healthcare sector.