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News

Board room deals and discussions
TA Associates promotes three in London

Lovisa Lander is promoted to principal from senior vice-president

  • People
  • 07 January 2020
Amy Yateman-Smith of Livingbridge
Livingbridge promotes Yateman-Smith, Kirby to partner

GP also makes a further seven promotions in its London, Manchester and Melbourne teams

  • People
  • 07 January 2020
Fabrice Scheer of UBS
UBS's Fabrice Scheer joins Alantra France

Scheer's colleague, UBS director Nicolas Senlis, also joins Alantra's Paris office

  • People
  • 07 January 2020
New hires and promotions
PAI's Meyer-Schönherr steps down

Meyer-Schönherr's responsibilities will be taken over by Andreas Kumeth and Philipp Meyer

  • People
  • 07 January 2020
Office supplies
Groupe LFPI eyes Document Store

ActoMezz backed the French printing equipment distributor between 2015 and 2018

  • Buyouts
  • 03 January 2020
The flag of Benelux
Volta collects €35m for Volta Ventures II

New vehicle will provide funding to Benelux-based software and internet startups

  • Funds
  • 03 January 2020
Euro-denominated fundraising
Meridia Capital to launch €150m second fund

Fund will target majority and minority stakes in Spanish companies generating revenues of €15-150m

  • Funds
  • 20 December 2019
Isabell Hitzer of Renzenbrink & Partner
Renzenbrink & Partner strengthens finance and PE teams

Firm hires Isabell Hitzer to its finance team and promotes Niels Maier to partner in private equity

  • People
  • 20 December 2019
Pounds sterling
Elysian to launch new £250m fund in Q1 2020

Current fund also closed on £250m, in 2015, and is nearly three-quarters deployed

  • Funds
  • 20 December 2019
Fundraising in euros
Slingshot Ventures aims to raise up to €100m in 2020

VC will consider breaking with tradition with a separate institutional fund of up to €40m

  • Funds
  • 19 December 2019
Book shops
Endless-backed The Book People goes into administration

Book retailer The Book People will continue to trade and no redundancies are planned

  • Exits
  • 18 December 2019
Mandates to invest
PAI completes GP-led secondaries deal for Fund V

Alpinvest, Goldman Sachs and HarbourVest are lead investors in the new fund

  • Secondaries
  • 18 December 2019
Andrea Ottaviano of Clessidra
Clessidra appoints L Catterton's Ottaviano as head of PE

Prior to joining Clessidra, Ottaviano worked at Mediobanca, Merrill Lynch and L Catterton Europe

  • People
  • 17 December 2019
Accounting software and business resource management
Insurers expect PE to outperform – survey

Schroders survey respondents expect PE and infra to generate the highest returns in the next 12 months

  • LPs
  • 17 December 2019
Amit Karna of Keensight Capital
Keensight hires senior director, analyst

Karna previously worked on healthcare deals for the investment banking division of Goldman Sachs

  • People
  • 16 December 2019
UK loans and debt financiers
3i nets £102m from Audley Travel, Hans Anders dividends

3i receives proceeds of £67m from Audley Travel, while Hans Anders generates a €42m windfall

  • Refinancing
  • 16 December 2019
Promotions and appointments
Texas pension names new CIO

Auby's promotion follows the decision of the current CIO, Jerry Albright, to step down

  • People
  • 16 December 2019
New hires
ICG appoints new head of European secondaries

Blossier will work with head of PE funds Oliver Gardey to build out the platform in Europe

  • People
  • 16 December 2019
Fundraising in Spain
Santander's Tresmares launches €175m private equity fund

Tresmares Capital will also manage a €900m private debt fund to finance the expansion of Spanish SMEs

  • Funds
  • 16 December 2019
Portfolio reorganisations
TRS replaces TorreyCove with Stepstone as PE consultant

TRS also rehires StepStone Group as investment consultant for real estate and real asset opportunities

  • LPs
  • 13 December 2019
Salmon packaging
Lindsay Goldberg in talks to sell Schur Flexibles

GP bought the plastic packaging company in 2016 and the exit is expected to complete in Q1 2020

  • Exits
  • 12 December 2019
Stock markets are experiencing a small revival among private equity investors as a vendor
MJ Hudson lists in £97m London IPO

Multi-service advisory firm raises £31.4m from new and existing investors

  • Advisory
  • 12 December 2019
Euro loans made online
Main Capital collects €535m for sixth software buyout fund

Buyout fund should hit its €564m hard-cap in January 2020, Unquote understands

  • Funds
  • 12 December 2019
Job applications and new recruits
IAG's Martin Scott joins Sanne

Scott, who was previously director of IAG's PE business, is now head of Guernsey at Sanne

  • People
  • 11 December 2019
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