Western Europe

3i buys out Bestinvest

The London-listed group has completed a management buyout of UK investment manager and financial advisor Bestinvest. It believes the prospects for organic growth are strong in a rapidly growing sector.

Graphite backs £22m fitness club buyout(2)

Graphite Capital has invested in a £22 million management buyout of fitness business The Third Space Group.

3i makes Singaporean oil and gas acquisition(2)

FTSE100-listed 3i has invested in two companies, one the acquisition of a Singapore-based oil and gas company Franklin Offshore, the other a venture funding round into Madrid-based internet sales website BuyVIP.

Bridges buys first “keyworker housing” block(2)

The UK venture firm with a social mission has bought three apartment blocks for NHS workers in Plymouth, as the issue of affordable housing for public sector workers becomes increasingly important in the UK.

Bridges buys first “keyworker housing” block

The UK venture firm with a social mission has bought three apartment blocks for NHS workers in Plymouth, as the issue of affordable housing for public sector workers becomes increasingly important in the UK.

Anil Thadani takes Symphony public in London

Anil Thadani, a pioneer in Asian private equity, has listed Symphony International, a pan-Asian private equity firm headquartered in Singapore, on the London Stock Exchange. Trading of the shares will commence tomorrow.

AVCAL says “economic xenophobia” in decline(6)

Katherine Woodthorpe, chief executive of the Australian Private Equity and Venture Capital Association, has said Australian “economic xenophobia” has lessened after the Australian Senate’s inquiry into private equity.

Former Dutch Finance Minister Gerrit Zalm joins Permira

Gerrit Zalm, the Dutch political heavyweight, signs up to advise Permira as the buyout firm acknowledges it will have to engage with a wider range of people than just its investors and management teams in today's political climate.

Goldman veteran goes full-time with Balderton

Tim Bunting, the former Goldman Sachs banker, has taken on a full-time role with venture firm Balderton, after working with it in its previous incarnation as Benchmark Capital Europe.

FF&P homes in on OKA

Fleming Family & Partners, a UK asset manager, has bought a majority stake in UK home retail business OKA for an undisclosed amount.