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News

Business intelligence and financial reports
New direct equity fund boosts PE inflows for Partners Group

Private equity has been the second fastest asset class to grow, delivering 11% net growth

  • LPs
  • 16 July 2019
Arif Naqvi of Abraaj Group
Actis takes over Abraaj funds

Actis was invited to step in by the LPs of the two funds and the liquidators of the Abraaj estate

  • GPs
  • 16 July 2019
Business consultants and strategy advisers
MJ Hudson buys Amsterdam-based ESG consultancy

Spring Associates Responsible Investment Service will trade under the MJ Hudson Spring brand

  • Advisory
  • 15 July 2019
Pensioner travel insurance
Calpers misses returns target amid PE outperformance

Results come as the pension fund is set to select a new private equity consultant

  • LPs
  • 12 July 2019
People moves and promotions
Ontario Teachers' selects new president and CEO

Jo Taylor, currently executive managing director of global development, will succeed Ron Mock

  • LPs
  • 10 July 2019
Gearboxes and automotive transmission parts
Ardian-backed Weber Automotive files for insolvency

Ardian acquired the automotive components manufacturer using its Ardian LBO Fund V in 2016

  • Exits
  • 09 July 2019
Duomo di Milano in Italy
EQT opens Milan office

New office will be led by EQT managing director and head of Italy Federico Quitadamo

  • GPs
  • 09 July 2019
Mandates to invest
JP Morgan appoints new head of sponsors group

Woehrn's appointment comes as the organisation is seeking to grow its financial sponsors group M&A

  • People
  • 08 July 2019
New hires and promotions
Caledonia hires Lane on its private investment team

Investment executive Toby Lane joins from Lazard and previously worked at PwC as a chartered accountant

  • People
  • 08 July 2019
Richard Templer of Astarte Capital Partners
Astarte hires from Hermes and Santander

Astarte is a global co-investment platform investing in non-traditional real assets

  • People
  • 08 July 2019
Czech Republic investors
Jet plans to double volume for third fund

Upcoming third fund will have a target of €350-400m, more than double the €153m raised for Jet Fund II

  • Funds
  • 08 July 2019
Business consultants
Gender-inclusive management teams bolster PE returns

Diverse gender investment committees have generated better results than all-male committees

  • Performance
  • 04 July 2019
Curt Gunsenheimer of Iris Capital
Iris appoints Gunsenheimer as managing partner in DACH

Gunsenheimer has been at Iris Capital since 2002 and previously worked at Goldman Sachs and MIT

  • People
  • 03 July 2019
Boardroom discussions and office openings
Truffle Invest to launch maiden PE offering

Truffle Invest is set to offer investors access to a large-cap pan-European fund

  • LPs
  • 03 July 2019
Simon Pearson of Baird
Baird hires two TMT bankers from EY

Hires are the latest step in Baird's expansion of its global technology and services practice

  • People
  • 03 July 2019
Company management teams and non-executive directors
BD-Capital launches debut fund with €400m target

GP was co-founded by Andy Dawson (former Advent investment partner) and Richard Baker

  • Funds
  • 03 July 2019
Italian and European flags
Italian pension to make maiden PE commitment

Pension fund is also launching private debt allocation and seeking a manager for a €50m portfolio

  • LPs
  • 02 July 2019
Creative agencies and marketing teams
Bain in exclusivity for $4bn Kantar buyout

Market research firm reportedly generated an operating profit of £301m from sales of £2.6bn in 2018

  • Buyouts
  • 02 July 2019
New hires
Partech hires Kennet's Vider

Partech is bulking up its growth team in preparation for the launch of Partech Growth II

  • People
  • 02 July 2019
People moves and promotions
KKR hires Nommé as head of France

Nommé will work across all investment platforms, including infrastructure, real estate and credit

  • People
  • 28 June 2019
Legoland parks
Blackstone et al. agree £4.77bn Merlin take-private

Proposed transaction also includes co-investment from CPPIB and the investment arm of Lego

  • Buyouts
  • 28 June 2019
Promotions and recruitment
Kester hires four

Kester is actively looking for investment opportunities in the UK lower-mid-market

  • People
  • 28 June 2019
Subi Inayat of BGF
BGF hires Inayat in Birmingham office

BGF's newest investor joins from the KPMG corporate finance team and is a chartered accountant

  • People
  • 27 June 2019
Business agreement
Campbell Lutyens strengthens London PE teams

Private capital adviser also promotes Ashrith Ramachandran to principal focusing on PE and infrastructure

  • People
  • 27 June 2019
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