News
UK - Coller acquires SVG stake
It is understood that Coller Capital has acquired £50m of shares in SVG Capital Plc's heavily discounted£70m private placement - making the secondaries specialist the largest shareholder the listed fund.
AUSTRIA/CEE - Schoenherr establishes distressed M&A team
Austrian law firm Schoenherr has established a dedicated distressed M&A team.
UK - Directorbank appoints account director
Private equity recruitment specialist Directorbank has appointed Simon Thomas as account director for the Midlands & South West region.
UK - Alium made corporate partner of IFT
Interim management specialist Alium Partners has been named as a new corporate partner of the Institute for Turnaround.
UK - Augusta makes three senior appointments
Merchant Bank Augusta & Co has made three senior appointments in London to strengthen its debt advisory, restructuring, and renewable energy businesses.
UK - VC-backed businesses face funding shortfall
A new survey, conducted by Populus on behalf of the BVCA, has found that the majority of UK-based venture capitalists expect deal activity to decline in 2009, with more than half of those surveyed anticipating a significant slide against 2008.
GLOBAL - Permira bulks up Technology team
Permira has strengthened its technology team with the appointments of Brian Ruder and Bruce Chizen as a partner and senior advisor, respectively.
SPAIN – Gallo to leave 3i
Reports suggest that Pablo Gallo, a partner in 3i's Madrid office, is to depart the firm after 11 years.
UK /RUSSIA - Ivory transfers to BLP's Russian office
International law firm Berwin Leighton Paisner (BLP) has announced that Ian Ivory, a London-based corporate finance partner, is to join the it's new Russian subsidiary office in Moscow.
FRANCE - 21 Centrale Partners bolsters investment team
Franco-Italian investment house 21 Centrale Partners has announced the appointments of Jacques Rossignol and Xavier Payet as partner and investment manager respectively, as well as the promotion of Vincent Menudier to investment manager, at its Paris...
FRANCE - Alto Invest et al. invest EUR 3m into Wanimo
Alto Invest has provided EUR 2m as part of a EUR 3m second round of financing for Wanimo.com, with the balance provided by returning investors Alven Capital and Entrepreneur Venture.
GERMANY - HTGF invests EUR 500,000 into Liquiverse
High-Tech Gründerfonds has invested EUR 500,000 into software business Liquiverse.
CEE - Grispeth launches investment advisory boutique
Grispeth Holdings has announced the launch of an investment advisory boutique focused on project and venture finance in Russia and Eastern Europe, as well as in Central & South America and Asia.
GLOBAL - LPs 'will find a way out'
"There's no question, that on our new deals, we'll have the availability to get out," said Rafael Stone of Washington State University's Board of Regents, speaking at the unquote" South African Private Equity Congress in Cape Town this morning.
SWEDEN - Altor and Bure acquire Carnegie for SEK 2.3bn
Swedish private equity firms Altor Equity Partners and Bure Equity have jointly acquired Swedish investment bank Carnegie and its seperate business unit Max Matthiessen Holding, a pension and insurance adviser, from the Swedish National Debt Office for...