Western Europe

Advent opens doors to Shanghai office

The Boston-based firm has established its second Asia presence after closing offices in Turkey and Italy last month.

RJD scores 3x on IPES

The UK firm has sold the fund administration and outsourcing business to fellow insurance spin-out Silverfleet Capital, marking the fourth exit from its Fund II.

CapDyn inks strategic tie-up in China

The European fund of funds has made a full cooperation agreement with RMB fund of funds Diligence Capital in a move to access regional opportunities for their clients.

Brookfield sees high turnover in fundraising team

Four senior executives in the alternative asset manager’s private funds group have been laid off or resigned recently, contributing to significant turnover of the fundraising team in the last year.

Study: PE backers in for the long-term

UK-based portfolio companies feel GPs are more willing to provide capital than traditional lenders, PwC’s annual survey on private equity-backed companies has found.

Deutsche Private Equity hits €350m hard-cap

The lower mid-market firm has completed its buyout from Dutch private equity investor Parcom to become a fully independent firm.

Five Minutes With: Alan Goodman

The Pension Protection Fund, which pays out compensation to UK workers when their employer goes bust, has grown threefold over the last three years. The PPF’s Alan Goodman explains what this means for the LP’s private equity investment strategy.

Penta founder steps down

Martin Kúšik’s role at the evergreen fund will be taken over by partner Marek Dospiva and investment director Thomas von Werner, a few weeks after the firm opened its first office in Germany.

Sir James Crosby quits Bridgepoint after damning HBOS report

The former HBOS chief executive has resigned from Bridgepoint’s advisory board, after the UK’s Parliamentary Commission slammed his part in a 'colossal failure of senior management' at the failed bank.

Astorg takes over French nuclear subsidiary

The Paris-based firm has acquired the nuclear measurement unit of French group Areva, as part of a programme aimed at deleveraging the state-owned company by €1.2bn.