The sale of the IT provider Civica for £390m to OMERS Private Equity marks the sixth exit for the London-listed firm this year and will generate a 2.1x return.
2 min read · 20 September 2013
Following the secondary transaction, which arose from discussions between Bridgepoint and Eurazeo, Bridgepoint’s €4.84bn Europe Fund IV will be more than 75% deployed.
2 min read · 20 September 2013
Last year, the EIF invested €1.35 billion in 63 European private equity funds. Most recently, it was one of the backers of NorthEdge Capital, a first-time fund focused on the north of England, which closed on £225 million in April. PEI asked principal Edward Claessen whether the EIF’s approach has changed since the financial crisis
3 min read · 20 September 2013
In the seven years that Nordic Capital owned Permobil, it supported the company’s expansion into the US and China and streamlined its operations – doubling sales as a result.
5 min read · 20 September 2013
Coller Capital continued its ongoing feud with the management of SVG Capital – and specifically CEO Lynn Fordham – at the listed group’s recent AGM
3 min read · 20 September 2013
As the global pool of capital available to private equity has dried up, some GPs are having to shrink their business. But what are the potential pitfalls of scaling back like this?
3 min read · 20 September 2013
Dutch GPs saw a significant increase in write-offs last year, while both fundraising levels and deal flow dropped, according to a study by Dutch private equity industry body NVP.
2 min read · 20 September 2013
George Anson, a managing director at HarbourVest who has been on EVCA’s LP Platform Council since it was established, will encourage openness and transparency among its LP members.
3 min read · 20 September 2013
Having invested in airplanes product maker Permaswage in 2007, the firm has agreed to sell the business for $600m to trade buyer Precision Castparts Corp.
2 min read · 20 September 2013
Duke Street's 35% stake sale to French asset manager Tikehau will have it back on the fundraising trail, after all -- but not with the average private equity fund.
2 min read · 20 September 2013