News
Crossley joins Speechly's PE team
Speechly Bircham has appointed Adam Crossley to its London private equity team.
First Spanish commercial bank bail-out
The Spanish central bank, Banco de España, has taken over Banco de Valencia to "stabilise and recapitalise" the troubled commercial bank.
Gilde writes down Novasep investment
Gilde is reportedly set to relinquish its 46% stake in France-based Novasep as the company is taken over by lenders, only recouping €9m on the exit.
Private equity sets sights on Home Retail Group
Private equity buyers are thought to be circling Argos owner Home Retail Group.
LDC expands London team
LDC has announced four senior hires to its London team.
TDR Capital hires David Melvin
David Melvin has joined TDR Capital as partner and head of investor relations ahead of the launch of TDR Capitalтs Fund III in 2012.
PE-backed Tomkins to sell tyre business
Axa and Onex-backed Tomkins is thought to be arranging the sale of its tyre technology division.
CVC makes bid for Phoenix
CVC is thought to have made a bid for UK life assurer Phoenix Group, in a deal that could be worth over ТЃ800m.
Equistone plans to expand in the North
Equistone Partners Europe, formerly known as Barclays Private Equity, is reportedly planning to expand its team in Northern England.
Iceland Foods auction delayed
TPG, Bain, Blackstone and BC Partners have reportedly submitted first-round bids for frozen food retailer Iceland Foods - but the auction is being delayed, according to media reports.
Industry comments on ESMA's AIFMD advice
European regulator ESMA has published its final technical advice to the European Commission on the AIFMD's Level 2 implementing measures.
PAI reaps further €232m in Chr Hansen sale
PAI Partners has sold a further 15 million shares in listed Danish food ingredients company Chr Hansen, raising DKK 1.73bn (cтЌ232.5m).
Hamilton Lane expands London team
Jim Strang has joined Hamilton Laneтs London investment team as principal.
IK looking to exit Attendo
IK Investment Partners is planning to exit Swedish elderly care provider Attendo, according to media reports.
Law firm Gianni expands M&A practice and changes name
Italian law firm Gianni Origini Grippo & Partners has been expanded with a team of 11 lawyers, led by Roberto Cappelli who adds his name to the company title.
Aureos Capital expands investment team
Private equity house Aureos Capital has announced the appointment of Marlon Sahetapy as principal.
Sovereign's NFA up for sale
Sovereign Capital is currently receiving offers from private equity buyers for the National Fostering Agency (NFA), according to media reports.
Campbell Lutyens appoints new partner
James Wardlaw has joined Campbell Lutyens as a partner.
Triton and KKR-owned care homes under fire for patient neglect
Private equity backed care provider Carema, acquired by Triton and KKR from 3i in March 2010, has been forced to scrap its bonus system following accusations of patient neglect.
Barclays PE spin out Equistone launches
Barclays has sold Barclays Private Equity (BPE) to its management team, to form a new entity named Equistone, which officially launched today.
Regulators raid offices of Swedish M&A lawyer Vinge
The Swedish Economic Crime Authority has raided the offices of legal firm Vinge after arresting an associate for insider dealing.
Recession bolsters PE returns
Private equity generates the most excess returns during times of recession, according to research from Golding Capital Partners and the HEC School of Management.
Görg appoints Desch as associate partner
Law firm Görg has hired Dr. Wolfram Desch for restructuring practice.
France Télécom and Publicis launch €300m VC fund
French companies France Télécom and Publicis intend to jointly commit €150m to a new venture capital fund focusing on internet businesses.