French producer of wind energy Kallista, which is owned by AXA Private Equity has completed the wind farm project in the Ardouval Park, Seine-Maritime, France. This project has been 100% equity financed and developed entirely in-house and is the first Greenfield project for Kallista since 2010.
3 min read · 22 July 2013
Evercore has appointed Keith Magnus as a senior managing director. Magnus will establish Evercore’s office in Singapore and will focus on providing strategic, merger & acquisitions and capital markets advice to companies in Singapore and throughout South East Asia.
4 min read · 22 July 2013
Here's the latest from the weekend including Providence reaching its reduced $5bn target; Blackstone's second lending fund getting to its hard cap and a resume of the worst companies to work for in the US.
1 min read · 22 July 2013
A 1996 vintage energy-focused fund is the top performer for the $12 billion Public Employee Retirement System of Idaho as of December 31, 2012. The analysis ranks the top five and bottom five performers of 2012 looking at vintages from 2010 and older. Secondaries funds were not included in the research for this scorecard.
2 min read · 18 July 2013
NBGI Private Equity has sold its majority stake in Ochre House Limited to US-based Pinstripe backed by Accel-KKR. The sale delivers a 4x return on NBGIPE’s original investment.
5 min read · 18 July 2013
Online optician and DN Capital portfolio company Mister Spex has acquired the eyewear online shops Lensstore and Loveyewear from Sweden. Lensstore sells contact lenses with a geographic focus on Sweden, Norway and Finland.
3 min read · 18 July 2013
European financial services private equity firm AnaCap Financial Partners has backed the management buyout of Simply Business. Established in 2005 by parent company Xbridge, Simply Business uses technology to simplify the process of buying small business insurance.
4 min read · 18 July 2013
HSBC Leveraged Finance has completed a refinancing of UK-based Trustmarque Solutions. This marks a new banking relationship for Trustmarque following the recent management buyout supported by UK mid-market private equity firm Dunedin.
4 min read · 18 July 2013
This Thursday morning First Read brings you links to first half venture data; what went on in cleantech in Q2 and how the Dell battle may or may not end today.
1 min read · 18 July 2013
A group of investors led by Siparex has offered to buy Groupe CEBTP alongside management with CEO Philippe Margarit. The approval of the sale by the French competition authorities is expected in 3Q 2013. Siparex put together an investor pool with Cathay Capital, Bpifrance Investissement and BNP Paribas Développement for purchasing all the capital of Groupe CEBTP from the Dutch group, Grontmij. The transaction is also partly financed by mezzanine debt, arranged by Idinvest Partners.
5 min read · 17 July 2013
