Private Equity
The French fund manager is due to hold an interim close this week that should take the third infrastructure fund to around €650m. AXA is aiming for a final close of between €1bn and €1.5bn later this year.
2 min read · 05 January 2013
F2i and IMI Investimenti have purchased Metroweb for an enterprise value of €436m. The sellers are Sterling Capital Partners and A2A.
2 min read · 05 January 2013
Trouble is brewing in the listed private equity sector as a Paris-based investment company tries to shake up the way a listed fund of funds is managed – and has vowed to do the same with other vehicles.
5 min read · 05 January 2013
The deal marks KKR's first investment in European renewable energy. Partners Group is expected to co-invest in the venture.
2 min read · 05 January 2013
Investors are well placed to help advocate private equity’s ability to foster growth in Europe, says new EVCA chairman Karsten Langer of Riverside.
3 min read · 05 January 2013
The John Grayken-led firm closed its second real estate fund at the end of May and is expected to close its seventh distressed debt fund in July on roughly $4.5bn.
2 min read · 05 January 2013
The firm has sealed the first exit from its seventh fund, selling luxury shoe retailer Kurt Geiger to listed apparel and footwear company The Jones Group.
1 min read · 05 January 2013
The $113bn pension has issued a request for proposal for a firm to run a sale of private equity and possibly real estate fund interests on the secondaries market. Proposals are due 21 June.
2 min read · 05 January 2013
Nordic Capital has led a consortium of investors in the sale of pharmaceutical company Nycomed to Takeda Pharmaceutical Company. The deal marks the second time Nordic has sold the Zurich-headquartered business.
2 min read · 05 January 2013
Cinven's 3.5x exit on diagnostics group Phadia, purchased at the peak of the market in a secondary buyout, represents its second €1bn-plus gain this year.
2 min read · 05 January 2013
