News
Premafin offer stalls for Sator and Palladio
The offer made by private equity funds Palladio Finanziaria and Sator to invest up to €450m in Premafin, parent company of troubled Italian insurer Fondiaria-SAI, has run aground due to penalty clauses in an earlier bid from insurance company Unipol and...
VC-backed Deezer looking to raise €100m
French music streaming website Deezer is looking to raise a further €100m of funding, according to media reports.
Partner promotions at Pantheon
Pantheon Ventures has promoted Matthew Jones, Laurence Jonkler, Kathryn Leaf Wilmes, and Brian Lim to partner.
Montagu set to buy College of Law
Mid-market investor Montagu Private Equity is set to acquire prestigious London law school College of Law, according to reports in EducationInvestor.
Mercapital, Nmás1 and Explorer to exit Holmes Place
Mercapital, Nmás1 Private Equity and Explorer Investments are to exit troubled European gym chain Holmes Place at a loss of €40m, according to reports in the Spanish press.
Sator and Palladio launch Premafin offer to challenge Unipol
Private equity funds Palladio Finanziaria and Sator have made a binding offer to invest up to €450m in Premafin, parent company of troubled Italian insurer Fondiaria-SAI.
Chequers and Abenex looking to exit Salins
Chequers Capital and Abénex Capital have hired Lazard to manage the sale of French salt producer Salins International, according to media reports.
GCP appoints 3i exec as director
Growth Capital Partners (GCP) has appointed Kirsty McDonald as investment director to its team.
Northern 3 VCT launches top-up shares
After the full subscription of the ТЃ15m Northern 2 VCT PLC public share issue, NVM Private Equity has announced the launch of a ТЃ2m top-up offer of new ordinary shares in Northern 3 VCT PLC.
Stehlin & Associés appoints two partners
French law firm Stehlin & Associés has promoted Svetlana Tokoucheva and Cyrille Boillot as partners in its corporate/M&A department.
EU leaders call for pan-European VC regime
Ahead of a summit on 1st March, David Cameron has joined 11 other EU leaders in a letter calling for the EU's economic policies to shift their focus from tough austerity cuts to growth-stimulating measures.
Quilvest closes two funds, launches new FoF
Global private equity manager Quilvest has raised in excess of $300m across two vehicles and is marketing a new $200m fund-of-funds.
Corbett Keeling appoints Campbell
Corbett Keeling has appointed Mike Campbell as an associate in the firm's engineering and industrials sector team.
Ventizz set to invest in offshore wind farms
Ventizz Capital Partners and HOCHTIEF Solutions have agreed to engage in a joint venture for offshore wind farms.
GP commitments: PE houses feel the pressure
More than 80% of GPs are feeling pressure to up personal commitments to their funds, according to research by Investec.
GP consolidation in emerging markets
Middle Eastern private equity giant Abraaj Capital is buying emerging markets investor Aureos Capital.
US hedge funds to rescue PE-backed Travelodge
Avenue Capital and GoldenTree Asset Management are to take over Travelodge, the debt-laden budget hotel chain backed by Dubai International Capital, according to reports.
Palio Capital Partners raising debt fund for UK SMEs
Palio Capital Partners has secured a cornerstone investment from the European Investment Fund, raising a third of its anticipated ТЃ100m first close.
PE houses lose out on Iceland auction
CEO Malcolm Walker has entered into exclusive talks to buy the remainder of UK frozen food retailer Iceland Foods, in a deal that values the business at ТЃ1.55bn.
EU due to issue white paper on pensions directive
The European Commission will release a white paper in reaction to technical advice for the IORP Directive.
CalPERS appeals for higher capital gains tax
Joe Dear of CalPERS has voiced his support of an increase in capital gains tax that would hit the private equity industry.
Partner promotions at CapMan
CapMan has announced a number of senior promotions.
First Reserve appoints COO for London office
First Reserve has appointed Claudi Santiago as managing director and chief operating officer in its London office, in a bid to strengthen its European presence.
Constellation to manage Greenpark Capital portfolio
London-based buyout firm Greenpark Capital has appointed Constellation Capital AG to manage one of its private equity portfolios in the DACH region.