News
Portfolio companies optimistic on 2012
Portfolio companies have an increasingly positive outlook for the future despite ongoing concerns regarding the economy, according to a PricewaterhouseCoopers survey.
Cognetas rebrands as Motion Equity Partners
Mid-market firm Cognetas has been rebranded as Motion Equity Partners, operating out of Paris and Milan.
Big Society Capital launches
Prime Minister David Cameron will announce the launch of Big Society Capital in a speech later today.
Bridgepoint adds senior debt for Quilter
Bridgepoint's portfolio company Quilter has arranged a ТЃ67.5m senior debt facility.
EU Commissioner disregards AIFMD lobbying efforts
Lobbying efforts from the alternative investments sector will not have a major influence on upcoming EU regulation, says an EU commissioner.
Symphogen receives second tranche of €100m investment
Danish biotech company Symphogen has received a second tranche from the тЌ100m investment it received in 2011.
State-funded FSN PME invests €1m in TalentSoft
FSN PME, the French State's €400m venture fund, has made its second investment by providing €1m to HR solutions software developer TalentSoft.
AAC abandons fundraising efforts in the UK
AAC has stopped its efforts to raise a ТЃ300m fund in the UK, leading to suggestions the British office of the firm is winding down.
Grahame Cook is new chairman of Epi-V
Specialist oil and gas investment fund Epi-V has appointed Grahame Cook as its new chairman.
PE-owned SPIE in €375m high-yield refinancing
French engineering group SPIE, acquired by a consortium of private equity houses last year, has priced a €375m high-yield bond to refinance the debt structure put in place at the time of the buyout, according to reports.
PE firms in 2nd round for Triton's Bravida
Four private equity firms have entered a second round of bids for Triton portfolio company Bravida, reports suggest.
Robert Easton named BVCA chairman
Carlyle's Robert Easton has taken over as chairman of the British Venture Capital Association, replacing Amadeus' Richard Anton.
JAG Shaw appoints new lawyer
Boutique law firm JAG Shaw, which specialises in private equity and venture capital, has hired Susanna Stanfield as a lawyer in its London office.
Swedish compromise on carried interest taxation
The Swedish Ministry of Finance has proposed that a proportion of carried interest be taxed as standard income, after which any proceeds are taxed as capital gains.
Distressed debt funds called in for Fitness First
BC Partners has called in distressed debt firms Oaktree Capital and Marathon following Fitness Firstтs failure to meet repayments, according to reports.
ECI appoints new investment manager
UK mid-market GP ECI Partners has appointed Joe Garrood as investment manager in its London office.
Michael Queen steps down from 3i
3i chief executive Michael Queen has announced his intention to step down.
Crédit Agricole PE becomes Omnes Capital
Coller Capital has finalised the acquisition of Crédit Agricole Private Equity (CAPE), which has been renamed Omnes Capital.
Ambienta announces international expansion and new hires
Italian private equity firm Ambienta SGR has announced the expansion of its business to Munich, to capitalise on investment opportunities in Germany and Central and Northern Europe.
CVC to refinance Formula One Group
CVC has launched a process to refinance portfolio company the Formula One Group.
HgCapital promotes one, hires seven
HgCapital has announced the promotion of Kai Romberg to partner at the firm and made seven new hires at associate level.
Ex-PAI keyman joins CVC
CVC Capital Partners has hired Bertrand Meunier, the former partner committee chairman at PAI Partners, as managing partner and member of the PE board.
LBO France delays fundraising effort
French mid-cap GP LBO France has pushed back the launch of its next €1.5bn White Knight IX vehicle - which was supposed to take place in Q1 - to Q3 2012, according to French publication Capital Finance.
KKR adds John Mack to senior team
KKR has hired John Mack as a senior adviser, joining its team of around two dozen top professionals.