News
FSA criticises MiFID revision
The Financial Services Authority has remarked that the current draft of the MiFID could be harmful to AIFs.
TPG in £508m bid for GlobeOp
TPG has launched a bid for LSE-listed hedge funds administrator GlobeOp, valuing the company at around twice its market cap prior to announcement.
Mark Kerr joins LDC from 3i
Mark Kerr has been appointed director in LDC's Scotland team, based in Aberdeen.
Duke Street shelves €850m fundraising plans
Mid-cap GP Duke Street has abandoned plans to raise a €850m vehicle, instead turning to a deal-by-deal fundraising model.
Former JC Flowers chief executive banned and fined £2.9m
The FSA has banned former chief executive of JC Flowers UK Ravi Shankar Sinha and fined him £2.9m after the discovery that he had illegally obtained £1.4m through a fraudulent invoicing scheme.
Nordic Capital cleared to take Orc Group private
Nordic Capital is expected to delist NASDAQ OMX-listed financial technology and service provider Orc Group in mid-February.
EVCA appoints new head of communications
The European Private Equity and Venture Capital Association (EVCA) has appointed Emma Thorpe as its head of communications.
Jersey launches private placement scheme
Jersey has introduced a private placement scheme for institutional and professional investors.
Campbell new CEO of Ratos
Susanna Campbell has been appointed as CEO of Ratos.
Bridges Ventures appoint head of impact
Clara Barby has joined Bridges Ventures as new head of impact.
Hope takes charge of Swedish legal firm
Maria-Pia Hope has been appointed new managing partner of Swedish legal firm Vinge.
Palamon appoints Körber to board of advisers
Palamon Capital Partners has appointed Hans-Joachim Körber to its board of advisers.
Teachers’ makes new hire to lead London office
Jo Taylor has been hired to head up the London office of Teachers' Private Capital, the private equity arm of Ontario Teachers' Pension Plan.
Key Capital Partners appoints chairman
UK-based Key Capital Partners has hired former Barclays Private Equity co-head Tom Lamb as non-executive chairman.
PGE hires senior investment manager
Panoramic Growth Equity (PGE) has appointed Jane Reoch as senior investment manager at its London office.
Fitness First to restructure debt
BC Partners portfolio company Fitness First, one of the world’s largest gym groups, has begun talks with its lending banks to restructure its unsustainable high-interest loans, according to reports.
Alan Dale joins Grant Thornton
Alan Dale has been appointed as a partner and head of Grant Thornton’s operational deal services (ODS) team.
Arle appoints ex-portfolio company CEO as partner
Arle Capital Partners has hired Anders Pettersson, the CEO of former portfolio company Capital Safety Group, as partner.
Reiten-backed NEAS divests consulting business
Reiten & Co listed portfolio company NEAS has divested its consulting engineering business to trade player Sweco Norway.
AIFMD moves EQT funds onshore
EQT has announced that it will domicile its next fund within the EU.
Miliband calls for tougher takeover code
Labour leader Ed Miliband has pressed for stricter takeover rules in the UK, threatening the flexibility of investment strategies.
Jeppe Zink to lead Northzone's new London office
Scandinavian technology investment firm Northzone has appointed Jeppe Zink as a general partner to spearhead the operation of the firm's new London office.
H.I.G announces managing director in London
H.I.G. Capital has appointed Henry Gregson as a managing director in its London office.
LDC hires Jon Herbert from Lloyds
Jon Herbert, Lloyds Banking Group’s head of acquisition finance, has joined LDC as a director.