News
N+1 in talks to buy Corporación IBV
N+1 Private Equity is in talks to buy most of the portfolio of industrial holding company Corporación IBV, according to sources cited by Spain’s El Confidencial.
Silverfleet announces changes in its Paris team
Silverfleet Capital has added Alexandre Lefebvre and Cyril Bourdarot to its Paris team.
Apax, CVC and KKR in talks to acquire 20% of Caser
Private equity firms Apax Partners, CVC Capital Partners and KKR are at a critical stage in their talks with Caser about purchasing a 20% stake in the Spanish insurance firm.
French state launches €400m innovation fund
The French government has announced the launch of a €400m fund designed to back innovative technology companies.
Activa Capital hires investment manager
French mid-market firm Activa Capital has appointed Jean-Baptiste Salvin as investment manager.
CVC seeks Colomer buyer
CVC Capital Partners is searching for a buyer for its Spanish portfolio company, Colomer Group, a manufacturer of hair and nail care products.
Riverside's Karsten Langer becomes EVCA chairman
The general assembly of the European Venture Capital Association (EVCA) has elected Karsten Langer, partner of The Riverside Company, as its chairman for the year to June 2012.
DC Advisory Partners announces two managing directors
DC Advisory Partners has appointed Norbert Schmitz and Johannes E. Schmittat as managing directors to lead its debt advisory and financial restructuring team in the Frankfurt office.
Tandem Capital fund closes down
Spanish private equity firm Tandem Capital has announced that it will be ceasing all operations of its €40m fund next month.
CalPERS appoints new private equity investment executive
The California Public Employeesт Retirement System (CalPERS) has appointed Real Desrochers as its new private equity investment executive.
Zurmont Madison announces new industry partner
Rainer Reichert has joined Zurmont Madison Management’s board of directors.
Weinberg appoints director of investor relations
Weinberg Capital Partners has appointed Sophie Chateau as director of investor relations.
Apax Partners launches €9bn fund
Apax Partners is currently marketing its eighth fund and is aiming to raise at least €9bn, according to media reports.
Blackstone et al consider BMN investment
Blackstone, Lone Star and Cerberus are among the private equity firms which have offered to invest in major Spanish financial group BMN.
BC Partners further exits Médica
TBU-3 International, a holding owned by BC Partners, has sold a 28.1% stake in listed French homecare company Médica.
Invest AD and SBI to inject $100m into Turkish private equity
Abu Dhabi's Invest AD and Japan's SBI Holdings are investing in a new private equity fund worth $100m, which focuses on acquisitions in Turkey.
Colony and Butler Capital to exit PSG
Colony Capital and Butler Capital are about to sell French football club Paris St Germain (PSG) to the Qatar Investment Authority (QIA), according to French daily Le Parisien.
BaltCap exits Adam Auto
Hansa Auto, the Latvian subsidiary of Baltic car dealer Amserv Group, has acquired 100% of Adam Auto SIA's shares from BaltCap and minority shareholders.
PE firms team up for Spie auction
Axa Private Equity and Clayton Dubilier & Rice will make a joint bid for PAI's engineering company Spie, according to media reports.
Vision Capital acquires portfolio from Banco Popolare
Vision Capital has acquired a portfolio of assets from Italian retail bank Banco Popolare.
Apollo offers €400m for Ascometal
US firm Apollo is looking to acquire French steel producer Ascometal from its parent company Lucchini, according to media reports.
CapMan announces new partners
Jonas Lagerstedt has been appointed as a partner at CapMan Buyout effective from 15 August 2011 and Ikka Tomperi as a partner at CapMan Real Estate from 1 July 2011.
Swathe of PE exits expected this year
Private equity firms are looking to exit a large number of their portfolio companies in the coming 12 months, according to Grant Thornton UK's latest Private Equity Barometer.
KKR makes takeover bid for Versatel
Global private equity house KKR has made a voluntary public takeover offer worth €242m for telecommunication service provider Versatel.