One of the founders of Apax Partners, Sir Ronald Cohen, who left the business in 2005, is set to indirectly re-enter the private equity world. He is teaming up with Lord Jacob Rothschild to set up Portland Capital, a fund which will invest in commodities, real estate and private equity funds.
BCEP II follows a long-hold private equity strategy, with an investment period of 15 years
Combined companies will pursue a buy-and-build strategy, acquiring fitness studio chains
Marc Seeger joins the firm's Düsseldorf-based corporate and M&A team from Hengeler Mueller
GP acquires the automotive networked systems business as part of a succession solution