Greg Gille leaves Unquote after more than 11 years with the publication - including five as editor.
After nearly 12 years of service with Unquote, I will be leaving the publication on 28 January.
I joined Unquote back in 2010 as a junior reporter covering the French private equity market. From that initial assignment to, later on, a wider focus on the overall European market, I have come to learn so much from and interact with so many inspiring professionals. This has been an incredibly rewarding experience, and I want to personally thank each and every one of you for your readership and support throughout that time.
The private equity industry has undeniably come on leaps and bounds since I joined Unquote. In 2010, fundraising by European vehicles totalled EUR 41bn – last year, GPs raised more than six times that amount. Similarly, as the industry was still reeling from the aftermath of the GFC, leverage remained a scarce commodity, and the aggregate EV of European deals stood at EUR 93bn; this figure approached the EUR 400bn mark in 2021 amid concerns over an overabundance of liquidity, even in the midst of an unprecedented pandemic.
But this evolution has gone way beyond stats and tallies, of course. From generational change to the transformation of local players into global asset managers – not to mention the seismic shifts of ESG and the digital transformation – private equity today is a far cry from what it was in the early 2010s.
I hope you will agree that Unquote has matured along the way too, honing an intelligence offering that better serves your rapidly changing needs, bolstering its focus on hard data and insightful trend analysis, and fully embracing the shift to digital to deliver that content mix to you as seamlessly as possible.
It has been an honour and a privilege to be able to steer a number of these initiatives over recent years as editor. And I have no doubt that the future is bright for Unquote, one of the oldest voices in the European private equity market, especially under the guidance of Joao Grando – whose work as Mergermarket private equity editor has been a driving force in raising our sister-title's standing in the industry – working alongside an incredibly talented team of reporters and researchers. Please do not hesitate to reach out to them to continue sharing relevant news and insights.
In the meantime, I wish you all continued success in what is bound to be another transformational cycle for the industry.
Management of the German industrial fixings supplier will reinvest with a minority stake
Management and founders will retain a 25% stake in the Spanish IT services group; bolt-ons planned under new owner
Around 40% larger than its predecessor, the new fund was raised in less than six months, managing director Johanna Barr tells Unquote
New majority owner will seek to expand the Finnish green building services specialist across Europe