News
Penta Investments opens Munich office
Penta Investments has opened an office in Munich and appointed Thomas von Werner as country managing director.
HIG Capital in talks with Ribera Salud
HIG Capital has entered into negotiations to buy Ribera Salud, a Valencia-based provider of healthcare services, according to reports in the Spanish press.
KKR reshuffles team ahead of new fund launch
KKR will see two partners, Jacques Garaialde and Reinhard Gorenflos, depart before raising its next European fund, according to reports.
Investec in €10m Explore Learning refinancing
Investec Growth & Acquisition Finance has provided a £10m financing facility to support Explore Learning, a UK-based academic tuition provider backed by Graphite Capital.
Better Capital sells ATH debt after 3-month holding
Better Capital has reaped €5m after selling its debt holding in struggling coal mining business ATH Group.
Axa Private Equity arranges €220m unitranche for IPH buyout
Axa Private Equity has arranged a €220m unitranche debt facility for the secondary buyout of industrial supplies distribution company IPH by PAI partners – a transaction which saw vendor Investcorp reap a €210m windfall.
CVC appoints Daniels to Global Financial Institutions advisory board
CVC Capital Partners has appointed Eric Daniels to its Global Financial Institutions advisory board with immediate effect.
Natixis appoints Pierre-Henri Denain to head of EMEA
Natixis has appointed Pierre-Henri Denain to head the EMEA platform in the firm's wholesale banking division.
Clessidra to make another offer for Telecom Italia
Italian GP Clessidra is to make a new offer for Telecom Italia Media, according to reports.
Enterprise Ventures launches loan fund with Unity Trust Bank
Venture capital investor Enterprise Ventures has reportedly set up a £3m loan fund with Unity Trust Bank.
Abraaj Capital mulling Acibadem Sigorta sale
Abraaj Capital is planning to sell its 50% stake in Turkish health insurer Acibadem Sigorta, according to reports.
PAI looking to buy R&R Ice Cream for up to €1bn
PAI partners has edged closer to buying British ice cream manufacturer R&R Ice Cream from Oaktree Capital, according to reports.
Sports Direct to buy Republic
Republic’s administrators Ernst & Young have confirmed Sports Direct’s acquisition of the high street fashion chain.
3i's Simon Borrows invests £7.7m in firm
3i CEO Simon Borrows has acquired 2.5 million shares in the company for an average price of 308.8p per share.
Penta-backed Esure moves forward with IPO plans
Penta Capital's portfolio company Esure has confirmed its intention to list on the London Stock Exchange.
Palio to disband as partners join Chenavari
Debt investor Palio Capital Partners founders Mike Henebery, Jerry Wilson and Darren Gibson have joined credit-focused hedge fund Chenavari Investment Managers as partners.
KSL's The Belfry secures £25m financing from Lloyds
KSL Capital Partners portfolio company The Belfry has secured a £25m financing package from Lloyds Bank, according to local reports.
Advanced Capital appoints new CEO
Advanced Capital, a European alternative investment specialist founded by financier Robert Tomei, has appointed Robert Berlé to CEO.
Acanthus: Private equity fundraising remained tough in 2012
Research from mid-market advisory firm Acanthus shows that 2012 saw an even tougher fundraising climate than the previous year.
Mid Europa announces 2013 promotions
CEE-focused buyout house Mid Europa Partners has promoted six members of its team.
GPs feel heat as LPs raise fund contribution expectations
LPs are increasingly expecting GPs to make a 2% contribution to their next fund, putting pressure on investment professionals to earn carry, according to an Investec survey.
Spanish government attempts to boost alternative funding for SMEs
The Spanish government has announced its intention to facilitate investment in SMEs at a press conference after the Council of Ministers meeting, say reports in the local press.
CVC places Evonik shares as IPO markets wake up
CVC is the latest GP taking a more flexible approach to exiting its businesses, selling a share in chemicals business Evonik to institutional investors in preparation for an IPO.
Montefiore to back BVA
Mid-cap GP Montefiore Investment is reportedly about to invest in French opinion polls and social research business BVA.