Western Europe

HIG Europe hires CDC’s Boyadjian

Olivier Boyadjian, former head of investments for French buyout firm CDC Capital, will now lead HIG Europe’s Paris office.

Report: Darling listens to capital gains tax critics(3)

UK Chancellor Alistair Darling has conceded his planned capital gains tax increase is 'controversial' and said he plans to publish final proposals in three weeks’ time.

Mid-East, South Asia distressed fund raises $120m(4)

Dubai-based distressed specialist HBG Holdings has held a second close on $120 million for its Middle East and South Asia-focussed fund. It is expected to close this year with commitments ‘north of $200 million’, more than double its initial target.

EU issues sovereign wealth guidelines

European Commission President José Manuel Barroso says sovereign wealth funds are not “big bad wolves at the door”.

Cohen attacks CGT rate for entrepreneurs(4)

The Apax co-founder, who called for an increase in tax on buyouts, has learned you should be careful what you wish for as the CGT increase has hit entrepreneurs.

Endless investment opens doors for STP Group(2)

The turnaround and small buyout firm is building its portfolio of assets based in the North West of England, as it expands its regional focus to include Ireland.

Report: Askar Capital launches $500m Indian fund(2)

Weeks after opening a Romanian office and co-launching a €150m fund of funds, the Icelandic investment bank has reportedly said it will partner with Nikhil Gandhi’s Sea King Infrastructure on a $500 million private equity fund.

Graphite headhunter bolts-on competitor

The UK mid-market firm is looking to repeat its previous successes in the recruitment sector.

Iberia financing nearly in place(4)

The TPG Capital-BA consortium has secured a team of banks to underwrite its bid for Spanish airline Iberia, after the chief executive of the UK airline Willie Walsh said the bid would be tabled within four to six weeks.

Duke Street signs up to Walker report across portfolio(4)

Duke Street Capital’s decision to report on all its portfolio companies will boost the number of companies affected by the Walker code. Walker estimated 65 portfolio businesses would be compelled to report from day one.