News
Alix Partners appoints adviser
Alix Partners has named Frederic Beylier as adviser for the agricultural and consumer sectors.
HSBC sells remaining Montagu stake
HSBC has sold its remaining 19.9% stake in Montagu Private Equity to the management team, which spun the business out in 2003.
Nova makes two senior appointments
UK private equity group Nova Capital Management Ltd has appointed a new operating partner and an associate partner.
China Sovereign fund European PE head quits
The European head of private equity at China Investment Corporation has resigned after only four months in office.
Advent hires two to Nordic team
Advent International has appointed two new independent advisers in Norway, Birger Nergaard and Gunnar Rydning.
Advanced Capital hires adviser
European fund-of-funds Advanced Capital has announced the hire of Alberto Clô as special adviser for investment in the energy sector.
EQT appoints new adviser
EQT Partners has appointed ex-Deutsche Bank board member Michael Cohrs as adviser.
Mangrove Capital Partners hires ex-FC Barcelona vice-chairman
Marc Ingla has joined Luxembourg-based VC firm Mangrove Capital Partners as a partner.
New legislation threatens VCTs, spares EIS funds
Recent changes to VCT annual investment caps introduced by the chancellor during the UK budget announcement sparked controversy due to the £5m limit. More serious though is a change in legislation, unexpectedly deferred today, that could incurthe loss...
French asset manager launches PE unit
Meeschaert Capital Partners, focusing on growth capital and small- and mid-cap buyouts, has been established by French asset management group Meeschaert Gestion Privée.
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 £67.5m 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 €100m 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 £300m 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.
GCP appoints Richard Shaw as investment manager
Growth Capital Partners (GCP) has appointed Richard Shaw as investment manager.
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.