News
UK - Cyrte Investments backs RDF Media acquisition
Dutch investor group Cyrte Investments, through its fund Dasym Investments III BV, has backed the management buyout of AIM-listed television production company RDF Media Plc.
SPAIN - Doughty Hanson interested in Trapsa
According to reports, Doughty Hanson is among the parties interested in acquiring bus company Trapsa.
SWITZERLAND - Novartis and NeoMed co-lead CHF 10m Diagnoplex funding
Novartis Venture Fund and NeoMed have co-led a CHF 10m funding round for Diagnoplex, a developer of blood-based molecular cancer diagnostics, alongside Initiative Capital Romandie.
GERMANY - HTGF backs CAVI
High-Tech Gründerfonds has invested in multimedia company CAVI Int GmbH, which integrates complex online shopping systems into online videos, alongside SundayVentures and Omnis Mundi.
GLOBAL - Allocation concerns dominate LPs
According to the latest Coller Capital Global Private Equity Barometer , produced in association with private equity consultancy IE Consulting, limited partners are increasingly concerned about their private equity allocation, with two-thirds of respondents...
FINLAND - Via Venture et al. sell OptoGaN to Russian industrial investor
Via Venture Partners, VNT Management and Finnish Industry Investments Ltd, have wholly exited light emitting diodes (LED) chip company OptoGan Ltd to a group of Russian industrial investors led by the private investment fund ONEXIM Group.
EUROPE - Study reveals positive impact of private equity on employee relations
A new study, conducted by the Centre for Management Buyout Research (CMBOR) in association with the EVCA, has revealed that private equity ownership rarely harms employee relations and, in many cases, actually has a positive impact.
SPAIN - Clave Mayor and Caja Burgos back Gadea
Clave Mayor, through its Seguranza fund, and Caja Burgos have each acquired an 8.5% stake in life sciences firm Gadea Pharmaceuticalas part of a capital increase.
UK - Greenpark Capital appoints new investment director
Secondaries specialist Greenpark Capital has appointed Matthew Arkinstall as investment director. He will be responsible for deal sourcing and execution.
UK - OpenGate Capital acquires stake in Models 1
US private equity house, OpenGate Capital has acquired a strategic equity stake in model management company Models 1 Limited.
GERMANY - TVM promotes Schröder to general partner
TVM Capital has promoted Dr Christoph Schröder to general partner.
FRANCE - BNP PE et al. support AwoX with EUR 4m
BNP Paribas Private Equity, Innovacom, CIC Capital Privé, Soridec and Devtec have invested EUR 4m into AwoX, an electronics middleware company.
SWEDEN - AMF Pension rejects EQT-backed bid for Q-Med
AMF Pension which owns 5.7% of Swedish biotechnology firm Q-Med has rejected EQT-backed Ivytan AB's bid for the company.
DACH - Zurmont Madison raises more than CHF 250m for buyouts
Zurmont Madison Management AG has held a final close of its new fund, Zurmont Madison Private Equity LP, with total commitments of more than CHF 250m, exceeding its original target fund size of CHF 200m.
GERMANY - Dr Eric Hirsch to leave Bankhaus Wölbern
The current CEO of Bankhaus Wölbern Group, Dr Eric Hirsch is leaving the bank at the end of the year.
UK - ABN AMRO appoints country executive in Jersey
ABN AMRO Bank in Jersey have promoted former head of private banking, Patrick Crowley, to country executive.
DENMARK - SEED Capital and Novo invests into Epitherapeutics
SEED Capital Denmark and Novo have invested into Epitherapeutics, a cancer drug developer in the field of epigenetics.
SWITZERLAND - Partners Group closes two new mandates for total of CHF 500m
Partners Group has closed two private equity mandates totalling CHF 500m.
UK - PwC: lenders will become sponsors
According to a statement issued by PricewaterhouseCoopers (PwC), banks are likely to find themselves becoming the 'reluctant new private capital', as they are forced to participate in corporate restructurings for troubled corporate clients and convert...
UK - Investcorp Technology Partners invests £28m into TDX
Investcorp Technology Partners, the Technology-focused private equity arm of Bahrain-based asset management firm Investcorp, has completed an investment of £28m into consumer debt management business TDX Group, taking a 40% stake in the business.
UK - AnaCap hires four ex-Lehman employees
AnaCap Financial Partners ("AnaCap"), a specialist private equity group focused on European financial services, has appointed four new investment professionals to its London-based team, all of which were formerly employed at collapsed investment bank...
AUSTRIA - RECAP acquires Fastbox Denzel Group
RECAP Restructuring Capital has wholly acquired car servicing company Fastbox GmbH from Denzel AG for an undisclosed amount.
SWITZERLAND - New Value backs CHF 7m Bogar expansion
New Value AG portfolio company Bogar AG, which is active in the animal health and nutrition industry, has completed a capital increase worth CHF 7 million.
GERMANY - Leonardo Venture has moved
Leonardo Venture has moved offices.