Private Equity
Craig Butcher has stepped down as senior partner at CEE-focused buyout firm Mid Europa to become a senior advisor. The firm has promoted two to partner as a result.
2 min read · 06 January 2013
German GP Perusa Partners has closed fundraising for its second vehicle with €207m in commitments, meeting its hard-cap in the process.
2 min read · 06 January 2013
Ian Brown, former head of European origination at Lloyds Bank, has been promoted to head of the UK bank’s corporate markets acquisition finance division.
1 min read · 06 January 2013
The software-focused firm, founded by former Goldman Sachs executive Robert Smith, expects to close its fourth fund on its $3.3bn hard-cap in early 2012.
3 min read · 06 January 2013
SL Investment Management, a fund manager that builds investment vehicles around traded life insurance policies, has launched a venture fund to invest in early stage venture capital in the UK and Europe.
2 min read · 06 January 2013
LPs are becoming increasingly vocal about the development of environmental and social governance programmes, and a recent BVCA report indicates that fund managers are listening.
2 min read · 06 January 2013
UK Chancellor George Osborne hinted during his Autumn Statement that so-called 'TUPE' employment laws, criticised by some buyout firms as inflexible, are to be reformed.
2 min read · 06 January 2013
CVC Capital Partners has made an initial approach to insurance provider Phoenix Group Holdings regarding a buyout. Phoenix's share price surged on Monday having fallen by almost a third in the past year.
2 min read · 06 January 2013
Lloyds Banking Group, part-owned by the UK state, is mulling the sale of about €500m of private equity fund stakes as it follows other lenders in divesting non-core assets.
1 min read · 06 January 2013
The €40m growth capital investment in Portugal-based Omni Helicopters International marks the Europe-focused firm’s first-ever investment in Iberia.
2 min read · 06 January 2013
