News
Bridges appoints ex-ICG CEO as new chair
Former Apax COO Clive Sherling, a long-standing investor in Bridges funds, also becomes a non-executive director
Five Arrows registers next buyout vehicle
Previous vehicle in the strategy, FAPI III, closed on its EUR 1.25bn hard-cap in 2019
PGIM to acquire Montana Capital Partners
Founders Marco Wulff and Christian Diller will continue to head the Switzerland-based secondaries GP
Pitalia launches with GBP 50m fund, hires Davies as head
New venture will be headed by John Davies, who joins Pitalia Capital from Seneca Partners
Triago bolsters secondaries team with two NYC hires
Michael T Pilson and Marc Fitorre join as partner and principal, respectively
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Mid Europa explores sale of M+ Group
Owners of M+ Group appoint William Blair to assess strategic options for the company
Towerbrook clinches Bruneau auction – report
Towerbrook reportedly beat competition from private equity firms Lone Star and Platinum
Aliante Partners secures preferred equity with Pomona
Deal includes a liquidity option for LPs and a second preferred equity line for add-on acquisitions
GPs dismiss Spacs' threat to dealflow, pricing - survey
UK-based GPs are most likely to dismiss the threat of Spacs entirely
British Patient Capital launches £600m life sciences programme
Programme will invest in later-stage life sciences funds targeting at least ТЃ250m
US, UK ranked as most attractive countries for PE investment – study
France makes it into the top 10 for the first time, while Spain also records strong gains
Caledonia's Duncan Johnson steps down, replaced by Tom Leader
Johnson steps down after 10 years of service, and becomes CEO at Northern Gritstone
Appian weighs fund launch for late 2021
Mining-focused Appian raised $375m for its first fund and $775m for the second vehicle
Bridgepoint confirms intention to list
London-headquartered GP could be valued at around ТЃ2bn in its intended LSE listing
Pemberton hires Graeme Dell as COO
Dell started at the firm on 1 July, and replaced Thomas Lack, who retired at the end of June
Inflexion promotes four to partner
Richard Booth, Sergio Ferrarini, Jon Ma and Sarah Gestetner are all promoted to partner
Park Square IR head Piers Dennison joins Greenbrook
Dennison joins the communications consultancy as an adviser
Apollo confirms interest in Morrisons bid
PE firm would have to top a ТЃ9.52bn EV offer from a Fortress-led consortium made over the weekend
Astorg gears up for fund VIII launch
Predecessor Astorg VII held a final close in January 2019 on €4bn
Unquote British Private Equity Awards 2021: entries due today
Submit your entry for the 2021 Unquote British Private Equity Awards before 5pm today
HarbourVest opens Frankfurt office
GP simultaneously announces the appointment of principal Martina Schliemann, who joins from Hamilton Lane
KKR opens office in Stockholm to step up Nordic activity
The office is the GP's ninth in EMEA, in addition to Paris, Frankfurt, Madrid, Dublin, Luxembourg, London, Dubai and Riyadh
Fortino Capital eyes new fund launch for late 2021
Firm will look to mandate a placement agent prior to launching the growth fund