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News

Terra Firma mulls request to invest more into EMI

Terra Firma is reportedly considering asking its investors to inject an additional £120m into troubled portfolio company EMI, the music group, in order for the business to avoid defaulting on its loan covenants.

  • GPs
  • 04 February 2010
Candover creates two new roles; promotes two

Candover Partners has announced the creation of two new roles, appointing Philip Price as chief operating officer and Kit Tuke as head of debt.

  • People
  • 04 February 2010
AXA PE to sell Spotless again

  • France
  • 04 February 2010
Ogier promotes three in Jersey

Offshore law firm Ogier has promoted Jane Pearce, Sally Edwards and Edward Mackereth to partners in its Jersey office.

  • People
  • 04 February 2010
Oxford Capital launches fifth Approved EIS Fund

  • Venture
  • 04 February 2010
Scope invests EUR 7m into Footbalance

Swedish growth investor Scope has backed the Finnish producer of moulded insoles Footbalance.

  • Expansion
  • 03 February 2010
segregated-business
Entrepreneurs sour towards private equity model

Despite research suggesting that a large number of entrepeneurs will look to private equity as a source of capital in the coming months, anecdotal evidence reveals a far more negative attitude towards the industry. Deborah Sterescu investigates.

  • GPs
  • 03 February 2010
ramesh-jassal-web
Clearwater boosts healthcare team with new hire

Clearwater Corporate Finance has hired Ramesh Jassal to its healthcare team.

  • People
  • 03 February 2010
Hamilton Bradshaw backs DRC Group BIMBO

James Caan's privae equity firm Hamilton Bradshaw has backed the BIMBO of medical recruitment specialist DRC Group.

  • Buyouts
  • 03 February 2010
Amadeus Capital further invests in seed round for Ambient

Amadeus Capital Partners has invested an additional amount of seed capital in Ambient Industries, a mobile software company.

  • Early-stage
  • 03 February 2010
Luxembourg sees birth of industry body

Luxembourg has long been attractive to private equity and venture capital funds and has finally seen the birth of its own industry association.

  • Benelux
  • 03 February 2010
Four Maven-managed VCTs announce £6m linked top-up offer

Four of Maven Capital Partners' Income and Growth VCT funds have announced that they intend to raise £6.1m this year through a linked top-up offer across the four vehicles.

  • GPs
  • 03 February 2010
Ontario Teachers could acquire Northumbrian in £1.7bn deal

Canadian investor Ontario Teachers' is reportedly considering a £1.7bn takeover bid for portfolio company Northumbrian Water.

  • LPs
  • 03 February 2010
Amplio invests in solar project

Dedicated environmental investors The Amplio Group has completed and connected two plants of 1MW each expecting to connect four additional 1MW plants by the end of the month.

  • Expansion
  • 03 February 2010
Miura makes add-on acquisition for Grupo Atrezzo

Miura Private Equity has acquired merchandising business Marcelo Vilá.

  • Southern Europe
  • 03 February 2010
IPEV re-elects Daems as chairman

  • UK / Ireland
  • 03 February 2010
AVCO moves offices

The Austrian Private Equity and Venture Capital Organisation (AVCO) has moved offices.

  • People
  • 03 February 2010
Sofinnova sells Sensitive Object for USD 62m

  • Exits
  • 03 February 2010
seedling
New Danish seed fund attracts DKK 435m in first closing

Danish start-up investor SEED Capital Denmark has secured DKK 435m in commitments for second fund.

  • Venture
  • 03 February 2010
Nordic Mezzanine hires three

Nordic Mezzanine has appointed Marlof Tjaden investment director, Tin Radosevic investment manager, and Kenneth Johansson analyst.

  • People
  • 02 February 2010
shopping-clothes-web
Apax, Permira exit could herald new look IPO

As buyers shop around for bargains, Apax- and Permira-backed New Look is seeking a lucrative £1.7bn flotation. Could this be the first in a wave of IPOs, asks Deborah Sterescu.

  • Exits
  • 02 February 2010
Argos Soditic reaps more than 4.5x on Dinno Santé exit

Argos Soditic, FHH Conseil and the management have sold their 100% stake in Dinno Santé to the healthcare business of Air Liquide and in doing so have realised over 4.5x return.

  • Exits
  • 02 February 2010
Lion Capital acquires debt of portfolio company La Senza

Majority owner Lion Capital has reportedly acquired 100% of La Senza's long-term debt.

  • Investments
  • 02 February 2010
Blackstone, TPG, KKR show interest in RBS' WorldPay

Private equity heavyweights including Blackstone, TPG, KKR and Permira are reportedly among those interested in purchasing RBS' $3bn global-card processing unit.

  • GPs
  • 02 February 2010
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