News
UK - BVCA launches cleantech group
The BVCA has launched a new body called Energy, Environment and Technology Group, which will provide guidance and advice to government, investors and companies active in the cleantech and renewable energy sectors.
SPAIN - N+1 downsizes fund
It is understood that Spanish asset manager and private equity house has downsized the size of its EQMC fund by 30%.
SPAIN – N+1 Dinamia joins LPEQ
Spanish listed vehicle Dinamia, which is managed by N+1, has become the 14th member of Listed Private Equity (LPEQ), an initiative launched to increase awareness and understanding of the asset class.
GERMANY – BVK and PE firms launch company database
The German Private Equity Association (Bundesverband Deutscher Kapitalbeteiligungsgesellschaften, BVK) has together with a group of international private equity firms launched a company database providing information for scientific research on private...
SPAIN - Doughty Hanson in talks over Yoigo deal
According to reports, UK buyout house Doughty Hanson is in talks regarding an investment into Spanish mobile business Yoigo with majority owner Swedish-Finnish telephone operator TeliaSonera.
GERMANY – Kennet leads EUR 10m sprd.net investment
Kennet Partners has led a EUR 10m funding round for customisation apparel company sprd.net AG, alongside existing investor Accel Partners.
FRANCE - Pragma leads Leyton & Associés SBO
Pragma Capital has acquired a majority stake in consultancy Leyton & Associés as part of a EUR 130m secondary management buyout of the firm from iXEN Partners and Capzanine, with listed Belgian investor Gimv co-investing and taking a minority interest....
UK - Mid-market feeling the squeeze
Figures published today in the unquote" UK mid-market barometer, produced in association with LDC, reveal that investment levels in the UK mid-market saw broad declines across the board in 2008, though there were some areas that showed a degree of resilience....
UK - Graphite embarks on timber buy-and-build
Graphite Capital has acquired a majority stake in timber windows producer Performance Window Group (PWG) for an undisclosed sum.
UK - Barclays strengthens natural resource business
Barclays Capital has hired Meb Somani to join its national resource principal investment business.
EUROPE – 3i Group acquires 3i Quoted
3i Quoted Private Equity today agreed to be acquired by 3i Group in a deal that values 3i QPEP at ТЃ355.2m. The acquisition will be effected through a solvent liquidation of QPEP, allowing 3i to acquire the 55% stake in 3i QPEP it did not already own....
EUROPE - 3i sells stake in Infrastructure
Listed private equity firm 3i has reduced its stake in its infrastructure fund to a third after selling 77 million shares. The placing raised ТЃ61m towards the ТЃ2bn debt pile the investor has accrued; half of which is due in the next three years.
LUXEMBOURG/DACH - Sal Oppenheim creates new investment holding
German private bank Sal Oppenheim is reorganising it business and investment activities, with all investment holdings being placing into a newly formed entity that will be independent from the bank.