Robert Chaplin

Banks reap record fees from PE in first half

Private equity firms paid $8.3bn in fees to investment banks in the first half, according to Dealogic, the highest amount since 2007.

Idinvest buys stake in French venture firm

French asset manager IdInvest Partners has bought a 40% stake in Kurma Life Sciences Partners, a venture firm founded by two of its former executives, in a deal that provides an exit for previous backer Natixis Private Equity.

Albion Ventures triples money with Opta exit

UK-based Albion booked a return of more three times its investment following the £40m sale to Perform Group.