News
Waterland to sell Verbraeken to Andera – report
Sale values the business at more than €100m, according to Belgian publication De Tijd
L&G hires Columbia Threadneedle's Scrimgeour
Michelle Scrimgeour joins from Columbia Threadneedle Investments, where she worked as EMEA CEO
CVC promotes Germani to head of France as Meunier retires
Germani worked alongside Bertrand, helping build CVC’s franchise in France in the last five years
Ardian buys stake in SwanCap Partners from UniCredit
SwanCap combines primary investments, direct secondaries and direct co-investments
ICG hires Jamie Rivers from BC Partners
Rivers' deals at BC Partners included Acuris, CarTrawler, Cote Restaurants, Elysium and VetPartners
Exponent to exit Bullitt via restructuring - reports
Reported transaction would come less than two years after Exponent acquired a 65% stake in the firm
Mobeus appoints Mead as venture partner
New recruit left his role as chief investment officer at Mercia Technologies in 2018
Czech incubator launches €30m fund
New fund has been set up to invest at the series-A stage in B2B technology companies across Europe
Universal-Investment reorganises management team
Reinhard replaces Bernd Vorbeck, who will now serve as supervisory board member
Siparex Investimenti 3 to be launched in 2019
Fund is managed by Insec Equity Partners, which is based in Milan and led by Barbini and Gianola
Ambienta hires seven
Sustainability-focused GP has made a number of hires in its Italian and German offices
PE professionals struggling to meet higher GP commitments - survey
Trend is driven partly by an increase in fund size, but also LPs demanding more skin in the game
Ex-HQ Capital CEO moves to Schroders
Based in London and Frankfurt, Wunderlin will report to group chief executive Peter Harrison
Astorg inks first US deal with Anaqua
GP uses Astorg VII, closed last month on €4bn, to acquire a stake in software developer Anaqua
Bowmark close to £100m take-private of Tax Systems
Offer represents a premium of 20.3% on the average 91.4 pence per share in the past 12 months
Italian journalists' fund seeks VC opportunities
The National Institute for Italian Journalists' Social Security (INPGI) has launched a tender notice seeking closed-ended venture capital and growth capital funds to invest in.
Tesi to invest €75m in circular economy initiatives
Tesiтs fund-of-funds programme makes 5-10 investments per year, totalling тЌ100-150m
Synova hires Sovereign's Jain, appoints two more
Jain joins as an investment director, while the GP also hires Alantra's Mullally and HSBC's Bullman
Storebrand buys Cubera Private Equity
Purchase price may increase in connection with the raising of capital for new funds
Baird promotes three to managing director
Ballantine, Luen and Sun are promoted from their director roles in the industrial and TMT teams
Endless adds new associate director to Manchester team
James Warburton spent eight years in the Manchester restructuring team at Deloitte
Avedon promotes two in Amsterdam office
In addition to these promotions, Avedon plans to hire more professionals to expand the team
Silverfleet appoints Quadriga's Sommer in Munich
Sommer joins from Quadriga Capital, where he was a director for buyout investments in the DACH region
Altor launches DACH office
Altor recently held the final close of its Altor Fund V on its hard-cap of €2.5bn