Yolanda Bobeldijk

Five minutes with Geoff Burgess

As the Eurozone continues to struggle, some interesting opportunities could arise for private equity firms looking to deploy their capital, according to Geoff Burgess, a partner at Debevoise & Plimpton.

August Equity reaches £100m first close

The London-based firm, which came to market late last year, has so far collected £100m from its core investor base as it aims to raise £180m for its Fund III.

Montagu sells Hansen Protection to IK

Montagu has made its fourth exit this year by selling a Norwegian survival suit business to IK Investment Partners for approximately €150m to €160m.

BC Partners to float Foxtons

After an eventful ownership period – with BC losing control of the business at one point – the London-headquartered firm is reportedly set to make 2x on the real estate agency chain.

Equistone sells AFI-Uplift to Rutland

London-headquartered Equistone has sold the UK machinery hire business to restructuring firm Rutland Partners, as part of an £85m deal that also saw the latter acquire two smaller businesses.

EQT moves funds onshore, ups transparency

The Stockholm-headquartered firm – which distributed €2.1bn to LPs last year – says it wants to set an example by becoming more transparent.

BC Partners hires former Blackstone exec

The London-based firm, which started searching for a senior partner in the UK in January following the departure of Andrew Newington, has hired former Blackstone executive Matthew Tooth.

HgCapital makes 2.2x in two years on ATC

Following the €303m sale of the Dutch business, the UK-based firm will have returned more than 40% of its previous fund's invested capital to LPs.

S&P: Dividend recaps on the rise

As the €2.3bn of dividends paid in the first quarter of 2013 is already higher than last year’s total of €1.87bn, S&P warned that debt funded recaps can ‘potentially impair post-default recovery prospects’.

Charterhouse hires ECI exec

ECI Partner Chris Warren will join Charterhouse Capital in the fall. The news follows ECI’s public listing of convenience store group Conviviality Retail, the largest IPO exit on AIM this year.