News
UK/ASIA - LDC enters Asian market
LDC is to enter the Asian market, opening offices in Hong Kong, mainland China and India to help its portfolio companies expand into Asia and provide access to Asian suppliers.
EUROPE - Axa head calls for code on profits
The head of Axa Private Equity, Dominque Senequier, has called for Europe's private equity industry to draw up a voluntary code of conduct on how profit made from deals should be split among investors, managers and staff.
UK - Six private equity firms past second round of Bodycote auction
Bodycote Plc, the supplier of specialist testing and thermal processing services, has gone into the next stage of auctioning its testing business, with six private equity firms believed to still be in the running: CVC Capital Partners, Montagu, Warburg...
UK - Close Ventures leads £2.6m funding round for Dexela
Close Ventures has invested ТЃ1.4m as part of a ТЃ2.6m funding round for Dexela Ltd, a developer of 3D imaging technology, alongside London Technology Fund and existing shareholders.
UK - YFM supports holiday company
YFM Venture Finance, through its Finance South West Growth Fund, has invested an undisclosed sum into holiday company Sunisle.
UK - Houlihan hires director
Houlihan Lokey has hired Florus Plantenga as director in its London office.
CEE – Austrian firms support Herkulane's buy-in
Erste Bank and its Romanian subsidiary Banca Comerciala Romana (BCR) have provided senior debt for the buy-in of Romanian water manufacturer Herkulane by a Romanian investors group, while Mezzanine Management GmbH has provided the mezzanine debt for the...
GLOBAL - RIT Capital Partners increases its stake in Millennium Group
RIT Capital Partners Plc, the investment trust of Sir Jacob Rothschild, and Sir Ronald Cohen's, the former founding chairman of Apax, have increased their shareholdings in Millennium Group Holdings Ltd.
UK - Braveheart demands access to ANGLE books
Early-stage technology investor Braveheart has requested that ANGLE, the AIM-listed technology commercialisation company, open up its books to allow the investor the opportunity to conduct due diligence with a view to a possible take-private.
RUSSIA - East Capital acquires 33.3% of Morgan & Stout for EUR 1.02m
East Capital Financials Fund has acquired 33.33% of Russian debt collection agency Morgan & Stout for EUR 1.02m.
DENMARK - Index Ventures invests USD 27m in Milestone
Index Ventures has invested USD 27m in Milestone, a Copenhagen-based developer of open platform IP video management software for surveillance systems.
GLOBAL - ArcelorMittal launches cleantech fund
ArcelorMittal, the world's largest steelmaker, has launched a EUR 100m venture capital fund to invest in clean technologies.