News
Breedon Report highlights £200bn funding gap
The UK is facing a financing gap for SMEs of up to £200bn over the next five years, leading to calls for the government to act in next week's budget.
Head of Deutsche Bank to join EQT network
The CEO of Deutsche Bank, Josef Ackermann, will join the board of Swedish investment company Investor and take on an advisory role in the EQT network.
Palatine appoints portfolio head
UK private equity group Palatine Private Equity has appointed Steve Donaldson to head its portfolio.
OpCapita looks to buy Game Group
OpCapita has made an offer to acquire struggling video game retailer Game Group.
DFJ Esprit and Tempo Capital merge secondary businesses
VC firm DFJ Esprit and venture secondaries firm Tempo Capital are set to merge their venture secondaries businesses to form DFJ Esprit Secondaries.
Dunedin makes five promotions
Dunedin has made five promotions: Nicholas Hoare has been promoted to COO; Jon Ma, Oliver Bevan and Simon Rowan have been made investment directors; and Jamie Moodie has taken on the role of senior associate.
Fifth Cinven fund holds first close at €3bn
Cinven has held a €3bn first close for its fifth fund.
AlixPartners appoints new MD for financial services practice
Advisory firm AlixPartners has named Caio Gilberti as managing director for EMEA at the firm's financial services practice.
Bridges Ventures announces new chairman
Bridges Ventures has appointed Peter Englander as chairman.
Duke Street considers Biomnis exit
Mid-market GP Duke Street has appointed Crédit Suisse to review options - including a potential sale - for French medical analysis business Biomnis, according to a spokesperson.
Ferguson steps down as SVG shakes up board
Nicholas Ferguson will retire as chairman of SVG Capital at the end of this year, after 28 years with the firm.
Endless moves into asset-based lending
UK-based turnaround specialist Endless has launched Encina, a new business providing both asset-based lending (ABL) and equity investments.
Turnaround fund Roogreen Ventures launches
Brian Davidson and Warwick Ley have established Roogreen Ventures, which will specialise in capital restructuring and turnarounds.
GPs under pressure on ESG strategies
GPs are lagging behind when it comes to implementing environmental, social and governance (ECG) strategies, despite increased pressure from LPs, according to a report by PricewaterhouseCoopers (PwC).
CVC & Vista head-to-head on Misys bid
Another bidder for FTSE 250 banking software company Misys has dropped out, leaving two private equity bidders in the race.
Argos Soditic appoints new analyst
French mid-cap firm Argos Soditic has hired Guillaume Lefebvre as an analyst, and promoted Jérémie Falzone to investment manager.
Kinetic Partners expands into Luxembourg
Advisory firm Kinetic Partners has acquired Luxembourg-based fund advisory firm AB Fund Services.
France Télécom and Publicis team up with Iris
French companies France Télécom and Publicis have partnered with VC firm Iris Capital Management to set up a €300m corporate venture initiative.
Trade player considering rival bid for TPG target GlobeOp
Financial software and services company SS&C Technologies is set to outbid TPG Capital's offer for fund hedge fund specialist GlobeOp.
Greenpark Capital opens office in Hong Kong
Greenpark Capital has opened a new office in Hong Kong, to be headed by Chin Chin Teoh.
Private equity could profit from QE threat to sovereign bonds
According to the National Association of Pension Funds (NAPF), quantitative easing efforts depress ROI of pension funds committed to gilts, which could push them towards alternative assets.
PE performance: UK outclassed neighbours in Q3, says study
Cambridge Associates finds that the UK private equity and venture capital markets outperformed other developed economies (excluding the US) in an otherwise negative Q3 2011.
Equinox to acquire stake in Italy’s third largest bank
Equinox Investment is looking to buy a significant part of the 15% stake in Banca Monte dei Paschi di Siena being sold by its core shareholder, according to reports.
Key Capital appoints managing partner
Key Capital Partners (KCP) has appointed Owen Trotter, co-founder, as managing partner. His appointment is part of the firm’s strategic development plan.