News
Mobility Ventures announces new managing partner
Lothar Pauly, former CEO of Siemens Communications has joined Mobility Ventures as managing-partner Europe.
ICG-backed Symington's acquires Victoria Foods
ICG portfolio company Symingtonтs, a convenience food manufacturer, is understood to have bought family baking business Victoria Foods.
Lyceum Capital expands team
Lyceum Capital has expanded its team with two new hires in addition to two in-house promotions.
Activa hires ex-Equistone director Sophie Rouland
French mid-cap GP Activa Capital has hired Sophie Rouland as investment director.
AFIC appoints Louis Godron as chairman
French private equity association AFIC has elected Argos Soditic partner Louis Godron as its new chairman.
Tim Creed promoted to managing director at Adveq
Adveq has promoted Tim Creed to managing director, effective from 1 July 2012.
Gribkowsky admits taking bribes from Ecclestone
Gerhard Gribkowsky has admitted to taking bribes amounting to $44m from F1 chief executive Bernie Ecclestone during the sale of the company to CVC Capital Partners.
Vector wins Technicolor battle
US private equity house Vector Capital has seen its offer for a minority stake in troubled French digital video specialist Technicolor accepted by the company's shareholder - pipping JP Morgan to the post.
PE marketers launch Pivot Partners
Emma Payne and Ingrid Tighe have launched Pivot Partners, a strategic marketing business focusing on the private equity industry.
Onex opens London office
North American investment firm Onex has announced the opening of a London office led by newly-hired managing director Tony Morgan.
Bridgepoint's LGC receives additional £80m from lenders
Forensics and scientific testing company LGC, owned by Bridgepoint, has raised ТЃ80m of additional capital from a consortium of lenders.
Endless hires general counsel
UK-based turnaround investor Endless has appointed Simon Hardcastle as general counsel.
Evonik cancels IPO
CVC-backed German chemicals maker Evonik has announced the cancellation of its planned IPO.
CVC further reduces stake in Formula 1
CVC Capital Partners has sold another $500m chunk of its holding in British racing business Formula 1 to Waddell & Reed and Ivy Investment Management.
Octopus appoints entrepreneur in residence
Peter Bance has been appointed as entrepreneur in residence at Octopus Investments' venture team.
PE houses circle Everything Everywhere
Private equity firms including Apax and KKR are in discussions to bid for UK mobile operator Everything Everywhere in a deal that could exceed тЌ8bn, according to reports.
Finance Yorkshire announces new hires
Finance Yorkshire has expanded its equity linked finance team.
Baltic governments provide €200m for PE funds
Estonia, Latvia and Lithuania plan to boost private equity investment and build “a vibrant ecosystem of SMEs” in a bid to further economic growth, the Estonian Private Equity and Venture Capital Association (EstVCA) announced in a statement yesterday....
17Capital nears final close on latest fund
Preferred equity provider 17Capital is understood to have raised around 80% of its second vehicle.
ISAI hires new deputy chief executive
French venture capital firm ISAI has appointed Pierre Martini as deputy chief executive.
3i pulls out of Habbo Hotel firm Sulake
3i has joined Balderton in pulling out of Finnish portfolio company Sulake following a scandal in one of the online games it runs.
Blackstone appoints senior adviser in Spain
Claudio Boada has joined Blackstone Group’s global private equity and real estate teams as a senior adviser.
Palatine adds two to advisory board
Palatine Private Equity has appointed Ian Darby and Michael Fort to its executive advisory board.
Listed PE discounts seen as buying opportunity
Wide discounts on listed private equity vehicles present a major buying opportunity, according to delegates at LPEQ’s recent conference in London.