Private Equity
Gatekeeper Altius Associates has held a first close for its second fund of funds on $50m after three months on the fundraising trail.
1 min read · 17 January 2013
HgCapital has booked a 3.1x return following the sale of human resources company SHL, as it emerged the buyout group's chairman, Ian Armitage, will retire in November.
2 min read · 17 January 2013
The firm has agreed the sale of fashion brand Valentino to a Qatari investment group for about €700m, as it raises its fifth buyout fund, which is targeting €6.5bn and is yet to hold a first close.
2 min read · 17 January 2013
CDC Group, the UK’s development finance institution, has appointed Colin Buckley as its chief operating officer with a remit to implement its revised strategy.
2 min read · 17 January 2013
Deutsche Beteiligungs and Equity Capital Management have each held closes for their latest Germany-focused funds, having garnered a combined €681m in commitments.
2 min read · 17 January 2013
The US investment manager has agreed to acquire Swiss Re Private Equity Partners, the European private equity and infrastructure fund of funds arm of the Swiss insurance group.
2 min read · 17 January 2013
Mark Kelly has left the scandal ridden UK bank to replace outgoing Apollo chief financial officer Gene Donnelly.
1 min read · 17 January 2013
Thomas Kubr, founding CEO of the Swiss fund of funds, is moving into an executive chairman position to focus on client development and strategy; CFO Stefan Ammann will become CEO.
1 min read · 17 January 2013
The Paris-headquartered firm has paid CHF 30 million for a minority stake in manufacturer Group Acrotec, as it looks to take advantage of rising demand for Swiss watches.
2 min read · 17 January 2013
The firm’s current European office in Düsseldorf will be shut and moved to Munich.
2 min read · 17 January 2013