Motion Equity Partners

A cash injection from HarbourVest rescues Motion’s €1.25bn Fund II.

European buyout firm Cognetas, whose co-founder Nigel McConnell left last year, has re-branded as Motion Equity Partners.

The Paris-headquartered firm, formerly known as Cognetas, has secured its first exit since the firm’s rebranding.

The buyout firm formerly known as Cognetas is poised to successfully refinance the petrol pump manufacturer after it was forced to pull an auction process late last year.

The UK-based private equity firm joins the ranks of 3i, Blackstone, Carlyle, Shuaa and Investcorp, all of which have made job cuts this month.

The buyout of vending machine business Gruppo Argenta by Cognetas and Investitori Associati marks the former’s first Italian deal since launching a Milan office in September 2006.

Electra Partners Europe has opened an Italian office while rebranding as Cognetas a year after its formal separation from Electra Investment Trust in 2005.

The secondaries market has come a long way over the past two decades.

The strategy has evolved from focusing on diversification and J-curve mitigation to one making concentrated bets on often highly complex deals. Investors unaware of the potential risks face hidden dangers.

Brian Veitch has stepped into an advisory role at the German mid-market firm.

As the drama over the London-listed private equity vehicle unfolds, PEI sizes up the dramatis personae.

The former chief financial officer and chief risk officer at Equistone is now Lion Capital’s new chief operating officer.

There's a stigma attached to dealing with end-of-life funds – but facing them head-on will lead to the best outcome

There's a stigma attached to dealing with end-of-life funds – but facing them head-on will lead to the best outcome

OMERS has strengthened its direct private equity team by adding its tenth dealmaker in Europe.