Western Europe

BarCap recruits buyout star Lovering(2)

Investment bank Barclays Capital has appointed veteran buyout manager John Lovering as vice chairman. Lovering has played a key role in some of the UK’s most successful private equity deals, although his stellar reputation has been blemished slightly by the recent travails of Debenhams, the UK retailer he chairs.

CBI chief criticises private equity

Richard Lambert, the head of the Confederation of British Industry, a trade body that has been attracting support from some of Europe’s large buyout firms, has criticised private equity’s public relations efforts.

BarCap recruits buyout star Lovering

Investment bank Barclays Capital has appointed veteran buyout manager John Lovering as vice chairman. Lovering has played a key role in some of the UK’s most successful private equity deals, although his stellar reputation has been blemished slightly by the recent travails of Debenhams, the UK retailer he chairs.

CVC snaps up chemicals business from AlpInvest(3)

AlpInvest Partners has sold Belgian chemical producer Taminco to CVC Capital Partners for €800 million.

Montagu buys hair styling business from LDC(2)

Lloyds Development Capital has made an exit from the company behind iconic hair-styling brand ghd after just 12 months, selling it to Montagu Private Equity for £160 million.

Seconds out… Round Three(3)

As four more buyout bosses and two influential third parties go before the UK Treasury Select Committee, the industry hopes for a further damage limitation exercise. James Taylor reports.

LSE launches specialist alternative fund market(3)

The London Stock Exchange is looking to attract alternative asset managers hoping to raise funds on the public markets, with the launch of a new market specifically designed for alternative investment fund listings.

Carlyle launches €3bn European fundraising

The US alternative assets powerhouse is coming back to market with a European offering that will secure its place at the pinacle of the buyout megafunds for now.

Tchenguiz doubles Sainsbury’s stake(3)

The property entrepreneur has doubled his stake in the grocer to 11 percent, prompting questions whether a takeover strategy may be in the works.

HIG targets Europe after €600m fund close(3)

HIG Capital, a US private equity firm with a long track record, has raised €600 million for a new fund that will target small to mid cap companies in Europe. It expects to hire as many as 30 local investment professionals by the end of the year.