News
Italian association introduces graduates to the industry
Italian private equity and venture capital association AIFI is to hold a conference in October to introduce young people to the industry.
Patron withdraws from Goals Soccer Centres race
Patron Capital has confirmed it will not make a bid for the takeover of listed UK-based Goal Soccer Centres, according to reports.
LDC appoints new investment director
UK mid-cap firm LDC has hired Dale Alderson as an investment director in its Yorkshire team.
Arle completes Stork refinancing
Arle has completed the refinancing of two of its portfolio companies, despite having to pull a high-yield bond issue last month.
PE-backed Biffa attracts £520m bid
A consortium of investors is thought to be planning a ТЃ520m bid for UK-based waste management business Biffa, a Montagu portfolio company.
Doughty Hanson secures £205m debt package for ASCO
Doughty Hanson has leveraged oil and gas portfolio company ASCO with a £205m senior debt package.
Sator and Palladio appeal rejected by courts
Italian private equity houses Palladio and Sator have had their appeal against the proposed merger of Unipol and Fondiaria-SAI rejected by the national courts.
Apax reshuffles senior management team
Ralf Gruss (pictured) has been appointed chief operating officer at Apax Partners following his predecessor's move to become full-time head of the firm's portfolio support group.
Octopus hires two
Octopus Investments has hired Frederic Lardieg and Simon King.
3i debt management business expands to the US
3i has established a debt management platform in the US through a partnership with WCAS Fraser Sullivan Investment Management.
21 Centrale Partners creates outdoor accommodation group
21 Centrale Partners has created an outdoor accommodation group by merging its portfolio company Vacances Directes with newly acquired business Village Center.
Spain's CDTI to launch two venture vehicles
Spain’s Centre for the Development of Industrial Technology (CDTI) will soon launch two venture capital vehicles with capital commitments totalling €150m, according to reports in the Spanish press.
Capital Dynamics promotes five
Capital Dynamics has promoted five staff members to managing director since the start of 2012.
Patience pays off on Ziggo IPO
The unusual IPO story of Ziggo has presented yet another boost to its private equity backers as overwhelming investor demand accelerated yesterday’s share offering from a planned 18 million to 29 million ordinary shares - trading at a premium of 34%....
Alvarez & Marsal hires managing director
Alvarez & Marsal has hired Rob Schuyt as managing director for its European restructuring business in Amsterdam.
PE-backed SMEs show increased employee numbers
Staff count at PE-backed companies has increased by an average of 26% since 2000, recent research by asset manager Adveq shows.
Evonik invests in Pangaea Ventures fund
CVC-backed German speciality chemicals maker Evonik has invested in Pangaea Ventures Fund III through its recently established venture unit.
Entrepreneurs favour banks over PE for funding
Less than a quarter of entrepreneurs expect to turn to venture capital and private equity firms for funding over the next 12 months, according to research by Investec.
Endless edges closer to Pizza Hut deal
Turnaround specialist Endless is in exclusive talks to acquire the UK business of Pizza Hut from parent company Yum! Brands, according to reports.
Fondo Italiano provides capital to Hat Holding
Fondo Italiano di Investimento has committed capital to Italian investment company Hat Holding, allowing the firm to shift its focus from club deals to investments from a closed-end fund.
PE-backed BMG linked to Parlophone bid
Private equity-backed music group BMG Rights Management has been linked to a bid for Parlophone Records, a section of EMI responsible for music by bands including Coldplay and Radiohead.
Hony and GCS named preferred bidders for Dexia unit
Chinese private equity houses Hony Capital and GCS Capital have teamed up to buy the asset management arm of Dexia in a deal worth €500m, according to reports.
Slovakia looking to take over Penta-backed Dôvera
Slovakian prime minister Robert Fico is mulling a takeover of two private health insurance companies, in a move that could threaten Penta's investment in Dôvera.
Octopus appoints new investment director
Octopus Investments has appointed Shay Ramalingam as investment director in its specialist finance division.