The private equity firm has sold its 48% stake in the Swedish manufacturing company to private equity firm Ratos.
2 min read · 05 January 2013
Cogent has hired former Ernst & Young transaction manager Briac Houtteville as an associate and promoted Bernhard Engelien to managing director.
1 min read · 05 January 2013
The private equity firm lost €185m on its investment into German manufacturer Edscha, which declared bankruptcy yesterday. Edscha is a manufacturer of car parts for companies including BMW and Rolls Royce, but a drop in demand has affected the company in the last three months.
2 min read · 05 January 2013
The UK-based association representing more than 20 investor institutions, including the Wellcome Trust, Hermes and the USS, is seeking to raise its profile and better represent LPs during the downturn.
2 min read · 05 January 2013
The Eastern European-focused alternative asset manager gave its first live online question and answer session, with senior investment executives making predictions for 2009. Last week Apax for the first time used an online video to communicate with investors.
2 min read · 05 January 2013
The French growth equity firm has raised a little more than half the target sum for its small cap fund after six months of marketing.
1 min read · 05 January 2013
David Burns and Richard Daw have joined the UK firm’s management committee.
1 min read · 05 January 2013
The UK-based firm has added on Beech Care and Nursing Agency to healthcare portfolio company Enara Group. Last year the firm exited its first buy-and-build investment in the same sector, having made eight add-on acquisitions to UK company Healthcare Homes.
1 min read · 05 January 2013
Buyout firm Candover has released a bleak industry report which refers to the ‘demise’ of the UK buyout market and says banking sector problems caused European deal values to hit their lowest level in more than a decade.
2 min read · 05 January 2013
Germany’s oldest private equity firm, which is listed on the Frankfurt stock exchange, cited ‘unrealised valuation changes’ as the chief reasons for a loss of roughly €51m in 2008.
2 min read · 05 January 2013
