News
Providence to acquire HSE24 from AXA PE
Providence Equity Partners is to acquire a majority stake in AXA Private Equity-held German shopping channel Home Shopping Europe (HSE24), according to reports.
CDC announces new COO
Colin Buckley has been appointed as CDC Group's new chief operating officer.
Impetus hires investment manager
Venture philanthropy firm Impetus Trust has appointed Alan Morton as an investment manager.
AXA PE continues secondaries spree with OMERS portfolio purchase
AXA Private Equity has acquired a portfolio of 11 private equity fund investments and related unfunded commitments from OMERS Private Equity.
HarbourVest acquires Conversus Capital's portfolio
HarbourVest has acquired the investment portfolio of Conversus Capital for $1.4bn.
Perfectis PE spins out of Euler Hermes
Industrial holding HLD has bought a stake in French GP Perfectis Private Equity from credit insurer group Euler Hermes France, alongside the Perfectis management.
Phil Cowan returns to Moore Stephens
Phil Cowan has returned to advisory firm Moore Stephens as head of corporate finance.
BVCA welcomes government banking inquiry
тBanking should always aspire to be the ally of business and not perceived to be its enemy,т said Mark Florman, the chief executive of the British Private Equity and Venture Capital Association as he welcomed the governmentтs inquiry into the culture...
BlackRock buys Swiss Re private equity unit
BlackRock has acquired Swiss Re Private Equity Partners, which currently has around $7.5bn of assets under management.
Matrix relaunches as Mobeus Equity Partners
Matrix Private Equity has completed its spinout from the Matrix Group and rebranded as Mobeus Equity Partners.
Sator and Palladio table third offer for Fondiaria
Italian private equity houses Sator and Palladio have made a third offer for troubled insurer Fondiaria.
3i slashes third of workforce
3i has confirmed the extent of its cost-cutting strategy, which will see the firm lay off 160 staff and close several offices worldwide.
Alain Huriez joins Advent Life Sciences
Advent Venture Partners has appointed Alain Huriez as a venture partner in its life sciences team.
F1 buyout: Gribkowsky sentenced to eight years
Former BayernLB banker Gerhard Gribkowsky has been sentenced to eight years and six months in prison following his trial for corruption, breach of trust and tax evasion.
Bowmark Capital on healthcare buyout spree
Bowmark Capital is to acquire specialist healthcare provider Hesley North for around ТЃ75m, according to reports.
Awards tips – entries due this Friday
As the deadline for entries nears, unquote" is receiving lots of questions about the Awards. Here are some of the most popular queries and our responses.
UK Awards entries due in one week
Entries for the unquote" British Private Equity Awards are due Friday, 13 July.
Lloyds to sell fund stakes totalling €1bn
Lloyds Banking Group has hired Campbell Lutyens to sell around тЌ1bn worth of stakes in private equity funds, according to reports.
Keith Holdt joins LDC as investment director
LDC has appointed Keith Holdt as investment director in its value enhancement group.
Pamplona increases stake in UniCredit Group to 5%
Pamplona Capital Management has increased its stake in banking group UniCredit by 3.02%, making it the second largest shareholder with a total of 5.01% of the group.
Private equity allocations cautiously up, says LPEQ study
Around 16% of investors expect to increase their private equity allocation within the next six months, according to the recently released Scorpio Partnership LPEQ High-Net-Worth Asset Allocator survey.
BVCA and UKTI launch venture partnership
UK Trade & Investment (UKTI) and the British Venture Capital Association (BVCA) have come to an agreement to work closely together to promote the UK as an international centre for venture capital and engage with overseas investors.
21 Centrale Partners in talks to buy Village Center
21 Centrale Partners is planning to create a large outdoor accommodation group by merging its portfolio company Vacances directes with Promeo subsidiary Village Center.
LPs demand greater transparency from GPs
LPs are demanding more transparency from GPs and more support from governments to exhaust the full potential of private equity, according to Coller Capital's Global Private Equity Barometer.