Western Europe

Moore opens London office(2)

Moore, a back office services provider, has hired Simon Chadwick from Bear Stearns to spearhead its drive in London and Japan.

BC Partners closes $16.5bn Intelsat deal

The European buyout firm has renegotiated the financing terms of the deal signed in June despite its highly leveraged and aggressively structured package.

Saudi prince backs $500m Zephyr fund(4)

Zephyr Management has quadrupled its African fundraising efforts. The fund has a $250 million cornerstone investment from Saudi Arabian listed firm Kingdom Holding, led by prince Alwaleed bin Talal bin Abdulaziz Alsaud.

UK buyout firms feast before the famine(3)

The liquidity problems in the debt markets did not restrain record third quarter figures in the UK as deals were signed before the beginning August. However, big four accountant Deloitte said it expects few deals to complete in the next quarter.

UK venture firms back vibration harvesting technology(3)

A trio of VCs have clubbed together in a series B-funding round of Perpetuum, which is developing a clean tech generator to capture energy from small vibrations and convert it to electricity.

AIC endorses Walker reporting guidelines for all large companies(2)

The Association of Investment Companies, a UK trade body, has recommended the Walker report’s guidelines should be extended to all large companies because the regulations should not solely target private equity.

GIP and Zeus pick up Indian oil and gas company(3)

Indian infrastructure firm Zeus Infra-management and Global Infrastructure Partners have bought East India Petroleum as private equity firms continue to invest strongly in the oil and gas sector.

Phoenix picks up organic box company(2)

UK mid-market firm Phoenix Equity Partners has bought Abel & Cole, the organic box company in its sixth investment from the fund it raised last year.

Carlyle considers $2bn defence deal

The private equity firm with deep defence expertise is in talks to purchase Booz Allen Hamilton’s government consulting business.

Silver Lake Sumeru in debut tech deal(2)

Silver Lake’s middle-market technology fund, currently reported to be raising an inaugural $1 billion, has done its first deal with the acquisition of mobile phone marketing company Mobile Messenger.