News
Permira's Telepizza to extend loans
Spanish pizza delivery chain Telepizza, backed by Permira, is asking lenders to extend the maturities of its loans, according to reports.
Finnish Industry Investment commits €7.5m to Creandum III
Finnish Industry Investment has made a тЌ7.5m commitment to Creandumтs latest venture capital fund.
Grant Thornton hires new partner
Andy Morgan has been appointed as a partner in Grant Thorntonтs London corporate finance team.
Duane Morris expands PE practice in Europe with hire
Law firm Duane Morris has hired Pierfrancesco Carbone as a partner in its London office.
Thai firm to bid for Birds Eye
Thai food manufacturer Charoen Pokphand Foods (CP Foods) is to submit a ТЃ2.5bn bid for Permira portfolio company Birds Eye, according to reports.
Dry powder will drive 2012 dealflow - Bain
Extensive dry powder, few exit opportunities and tough fundraising conditions will be the major drivers of private equity globally, according to Bain & Company.
AnaCap credit fund hits £350m hard-cap
AnaCap Financial Partners has closed Credit Opportunities Fund II on its ТЃ350m hard-cap.
PE firms circle Birds Eye Iglo
A number of private equity houses have submitted first-round offers for Permira-backed Birds Eye Iglo, according to reports.
Riverside appoints first president
Global private equity firm Riverside has appointed Jamie Kiggen as president, a newly-created role.
Hands puts personal cash in Terra Firma fund
Guy Hands has pumped £20m of his own money into Terra Firma’s current fund, according to reports.
AIFI appoints new president
The Italian private equity and venture capital association, AIFI, has appointed Innocenzo Cipolletta as president.
Dow Schofield Watts hires four
Corporate finance firm Dow Schofield Watts has appointed two new hires to the Yorkshire and North East office and added another duo to the Daresbury team.
Marriott Harrison hires new corporate partner
Law firm Marriott Harrison has promoted Jonathan Leigh-Hunt to corporate partner.
Fundraising activity up by 80% in 2011
European private equity and venture capital fundraising increased by 80% in 2011, according to recent figures released by EVCA.
Sator and Palladio make new bid for Fondiaria
Private equity funds Palladio Finanziaria and Sator have made a bid of up to €400m each to take control of troubled Italian insurer Fondiaria-SAI, rivaling plans for a merger with Italian financial services company Unipol.
UK: GP confidence wanes
Only 57% of UK-based PE houses expect the British economy to pick up in 2012, according to Investec's latest private equity industry barometer.
Maven appoints new investment director
Maven Capital Partners has hired Ben Bolt as investment director.
EADS CEO Louis Gallois to join FSI board
Louis Gallois, the CEO of European aerospace and defense corporation EADS, is due to join the board of French sovereign wealth fund Fonds Stratégique d'Investissement (FSI), according to French daily newspaper Les Echos.
Gresham appoints investment manager
Mid-market GP Gresham Private Equity has appointed Adam Rudd as investment manager in its Manchester office.
Law firm e|n|w|c in merger with Taylor Wessing
Austrian law firm e|n|w|c has merged with international counterpart Taylor Wessing.
Telefónica launches VC arm in Spain
Telecommunications group Telefónica has launched a venture capital subsidiary, Telefónica Digital Venture Capital.
Syntegra to float Moleskine
Syntegra Capital confirmed yesterday it is looking to float Italian notebook and diary brand Moleskine at the company’s annual results presentation.
PE firms circle Premier Foods' spread businesses
TDR Capital, CapVest and Morgan Stanley Private Equity are reportedly due to submit first round bids for Sun Pat and Hartley's Jam, two businesses owned by Premier Foods.
Riverside promotes Juan Barnechea
The Riverside Company has promoted Juan Barnechea, who heads the firm’s origination team in Europe, to managing director.