News
Frieh Bouhenic to merge with DLA Piper
Global law firm DLA Piper is set to expand its French presence by joining offices with local boutique firm Frieh Bouhenic.
Corbett Keeling moves offices
Corporate finance adviser Corbett Keeling has moved its offices.
Candover NAV per share drops 10%
Listed private equity firm Candover Investments has announced a NAV per share of 642p at 30 June, down 10% from 717p at the end of December 2011.
CEE fundraising up 50% to €1bn
Almost €1bn was raised by CEE-focused funds in 2011, up almost 50% from the previous year, according to EVCA.
XAnge bolsters team
French growth capital firm XAnge Private Equity has hired Nicolas Debock as a senior chargé d'affaires.
DBAG reshuffles board
Deutsche Beteiligungs AG is reshuffling its board of management as part of a generational change.
Takeover rumours send M&S shares soaring
CVC Capital Partners has emerged as a suitor for listed UK-based retailer Marks & Spencer (M&S), with rumours of a potential take-private sending the company's share price soaring on Friday.
HgCapital NAV up, share price down
HgCapital Trust, HgCapital's listed vehicle, has reported NAV growth but a falling share price in its interim results for the six months ending 30 June 2012.
Albion launches MBO School for management teams
Albion Ventures, accountancy firm Smith & Williamson and law firm Bird & Bird have launched an MBO School to train management teams how to execute a successful management buyout.
Apax prepares sale of Marken
Apax is thought to have appointed Morgan Stanley to lead its sale of the ailing medical courier company Marken.
Triton to sell Dematic
Triton has reportedly held a first round auction for German supplier of materials handling solutions for warehouses, Dematic, attracting bids from financial and strategic investors.
DZ Equity Partner and WGZ merge PE operations
German GPs DZ Equity Partner and WGZ Initiativkapital have combined their private equity operations to become vR Equity Partners.
Equistone out of exclusive talks for Explore Learning
Equistone Partners Europe is no longer in exclusive talks for the buyout of Explore Learning, a UK-based firm offering maths and English tuition to 5-14-year-olds, two sources close to the situation told unquote".
KPN calls off BASE sale
Dutch telecommunications company KPN has stopped the sale process of its Belgian mobile business BASE, citing pricing disagreements.
HarbourVest NAV registers slight drop in July
HarbourVest Global Private Equity has announced an estimated net asset value (NAV) of $935.4m at 31 July 2012.
Maven appoints Robertson as investment manager
Maven Capital Partners has hired Alan Robertson as a new investment manager in the firm's Edinburgh office.
NorthEdge recruits ISIS director
NorthEdge Capital has appointed James Hall as director in its Leeds office.
Advent in talks to buy Douglas stake
Advent International is said to be in talks with German perfume and books retail group Douglas to acquire a stake in the business.
PE allocation boosts Oxford University returns
Oxford Universityтs Endowment Fund (OEF) says strong private equity fund performance helped it outperform its benchmark.
Pamplona looking to buy Ruetgers from Triton
Pamplona Capital Management is in advanced talks to acquire German chemicals business Ruetgers from fellow private equity house Triton, according to reports.
Elbrus Capital Fund II gets $50m injection from EBRD
The European Bank for Reconstruction and Development has agreed to invest up to $50m in Russia-based Elbrus Capital Fund II.
Better Capital offers to buy JJB debt
Better Capital, the turnaround firm headed by Jon Moulton, is reportedly looking to buy the debt of struggling UK retailer JJB Sports.
Cherie Blair's PE fund raises £4.5m towards £75m target
Allele, a healthcare-focused private equity fund set up by Cherie Blair, is understood to have raised 6% of its ТЃ75m target.
Latvian Guarantee Agency seeks managers for local VC funds
State-backed Latvian Guarantee Agency (LGA) has launched a tender to select up to three managers for recently established VC funds.