Capital Stage, the German-listed technology investment firm, has decided to withdraw from the sponsorship of a recently launched nanotechnology fund, Capital Stage Nanotech Invest.
The Italian investment bank is preparing to step up its private equity activity and has held talks with US firm Carlyle over a commitment to its forthcoming European fund.
Specialty chemical producer Cognis, which is controlled by Permira, Goldman Sachs and Schroder Ventures Life Science, has acquired Laporte Performance Chemicals.
The UK private equity firm has been linked to a possible investment in French budget hotels operator Galaxie.
Terra Firma’s debut investment, the acquisition of a E1.9bn portfolio of social housing in Cologne, has been pulled, falling victim to political wrangling in the city’s government.
The Swedish group has written down the value of its venture portfolio by E17m, or 45 per cent, after selling off or shutting down a number of portfolio companies.
A series of high level buyouts in Continental Europe increased the value of buyout activity in Europe to E38bn in 2002, a 20 per cent increase on the previous year.
Graphite Capital has completed its third deal in the past two months, adding to already significant deal flow in the UK mid-market sector this year.
The Edinburgh-based fund manager has appointed DB Capital Partners founding partner Paul Murray as part of its plans to ramp up the firm’s private equity offering.
The US private equity firm has been linked to a possible E1.5bn buyout of Fiat’s aeronautics unit.