News
3i looking to sell Enterprise to Ferrovial
3i is planning to sell support services company Enterprise to Spanish infrastructure operator Ferrovial, according to reports.
SEP appoints ex-MSP to advisory board
Former Scottish Labour Party leader Wendy Alexander has joined the advisory board of Scottish Equity Partners (SEP).
GPs warned over exit clauses
GPs are being warned to ensure pre-emption rights on deals are properly drafted, after recent cases highlighted potential pitfalls.
Lloyds announces six senior promotions
Lloyds's acquisition finance team has promoted six professionals to senior positions across Europe.
Belgian, Chinese sovereign funds to launch joint vehicle
China Investment Corporation (CIC) is launching a small fund to help domestic companies make investments in Europe in partnership with Belgian Federal Holding Company and A Capital.
Carlyle falls short of IPO target
The Carlyle Group raised $671m in its initial public offering, falling significantly short of its already conservative target of $762.5m.
3i Debt Management appoints new portfolio manager
David Fewtrell has joined 3i Debt Management as a portfolio manager.
UK government sells remaining stake in Actis
Emerging markets investor Actis has bought the remaining 40% shareholding held in the company by the UK government for ТЃ8m.
SJ Berwin appoints six partners
SJ Berwin has named six new partners, including one new hire, in its London, Frankfurt and Munich offices.
Altius adds to infrastructure team
Altius Associates has appointed Reyno Norval to the global infrastructure and real assets team in London.
Permira eyeing Nokia luxury phones
Permira is looking to pick up luxury phone manufacturing business Vertu from Nokia, reports suggest.
JPEL extends credit facility with Lloyds TSB
JP Morgan Private Equity Ltd (JPEL) has extended a $150m multi-currency credit facility with Lloyds TSB Corporate Markets.
ISIS appoints four partners
ISIS Equity Partners has promoted Pete Clarke, Liz Jones, Paul Morris, and Daniel Smith to partner.
McDermott hires Dewey & Leboeuf duo
Law firm McDermott Will & Emery has officially appointed Mark Davis and Russell Van Praagh as partners in the firm's London offices.
AXA Private Equity COO leaves for ADIA
AXA Private Equity chief operating officer Christophe Florin has left the firm for sovereign wealth fund Abu Dhabi Investment Authority (ADIA).
DC Advisory Partners hires new director
Terry Huffine has joined DC Advisory Partners as an executive director in the firm’s European consumer, leisure and retail team.
YFM appoints non-exec chairman
Andrew Marchant has been appointed non-executive chairman of YFM Equity Partners.
PEF raises £1m for disadvantaged young people
Last weekтs Private Equity Foundation (PEF) Full Potential Awards dinner was attended by 400 people and raised ТЃ1,046,070. The sum is earmarked to help some of the most disadvantaged and vulnerable young people in the UK.
Inflexion expands international teams
Inflexion Private Equity has expanded its teams in Brazil, China and India to support portfolio development.
Riverside appoints Bronner as global head of IR
The Riverside Company has named Erick Bronner as new head of its investor relations department.
CVC to buy AlixPartners
CVC Capital Partners is to buy restructuring and consulting firm AlixPartners from private equity owner Hellman & Friedman for more than $1bn, according to reports.
Advent International appoints new advisers
Advent International has appointed two new advisers for its business in Norway.
GCP-backed Killby & Gayford goes into administration
Former 3i portfolio company Killby & Gayford т currently backed by Growth Capital Partners (GCP) т has gone into administration, according to reports.
ISIS to close latest fund on £350m
ISIS Equity Partners is about to announce the close of its fifth fund on ТЃ350m, according to reports.