News
CDP acquires 70% of Invitalia Ventures to manage FNI
Invitalia will be appointed as fund manager of FNI, which is expected to raise around €1bn
LDC bolsters Bristol team with new investment director
Stefan Gunn joins LDC's south-west and Wales team from NatWest's structured finance team
Acceptance threshold for KKR's Axel Springer bid exceeded
KKR has formed a consortium with the Springer founding family and its CEO to acquire the publisher
Pennsylvania SERS appoints new acting CIO
Nolan is replacing W. Bryan Lewis, who is leaving the system effective 2 August 2019
ESG due diligence gains ground in France
Number of ESG due diligence processes conducted ahead of deals quadrupled in 2018, France invest says
Nordic Capital shelves GHD GesundHeits sale - report
Nordic Capital has halted a sale process for homecare company GHD, which involved PAI and CD&R
Carlyle confirms switch to corporation structure
Change comes as the firm reaches $222.7bn in AUM for the second quarter of 2019
Blackstone et al. in talks to sell Refinitiv in $27bn deal
Trade buyer LSEG and target Refinitiv's combined 2018 revenues amount to around ТЃ6bn
Hollyport targets close for secondaries fund
Vehicle is targeting $750m with a hard-cap of $1bn, double the size of the GP's previous fund
Goldman Sachs creates sustainable finance group
Investment banking giant ventures into impact investing with a dedicated team
Omnes collects commitments across funds
Omnes Mezzanis 3, dedicated to French small and mid-market businesses, closes on €100m
Apex hires head of ESG product
Goeree's responsibilities include leading the product development and the strategy of the firm
Unigrains sells Céréa Partenaire management business
Céréa's management team and institutional investors have wholly acquired the company
SoftBank to launch second Vision Fund with $108bn
Vision Fund II has received commitments from investors in its predecessor
Sovereign gears up for fund launch following departures
Firm is understood to be targeting between ТЃ500-600m for the next-generation vehicle
Advent International agrees £4bn take-private for Cobham
Proposed share price represents a 50.3% premium on the average value across the last three months
Kibo Ventures targets €100m for third fund
Kibo's second fund has recently finished its investment period after closing on €71m in 2016
Allen & Overy hires Dechert's Sarailler
Allen & Overy wants to position itself among the top three fund structuring firms in France
NVM hires PwC's Wildig as investment manager
New recruit joins the GP eight months after it closed its ТЃ142m maiden institutionally backed fund
Alcentra closes European direct lending fund on €5.5bn
Predecessor held a final close on тЌ4.3bn in 2017 and had an average ticket size of around тЌ100m
Graphite announces four promotions
Graphite Capital has promoted Mark Hall, who has been with the firm since 2008, to senior partner
BC hires three IR professionals
All three executives will work alongside partners and co-heads of IR, de RosiУЈre and Kunzer
Alantra buys stake in VC firm Asabys Partners
Alantra will invest in the first vehicle of Asabys, Sabadell Asabys Health Innovation Investments
3i announces eight hires and three promotions
3i has promoted and hired 11 people in Amsterdam, Frankfurt, Paris, London and New York