Western Europe

Close Ventures invests in software start-up

VCT manager Close Ventures has invested £1.5 million in UK software company Process Systems Enterprise.

Carlyle to pay $4.9bn for healthcare services provider

The Carlyle Group is adding a healthcare services provider to its portfolio, in the midst of several weeks of whirlwind activity.

Apax: Tax furore threatens UK’s primacy(3)

A report by Apax Partners has found the UK to be the most favourable environment in Europe for private equity investment. However, the buyout firm warned that any changes to the tax regime could knock the UK off the top spot and redirect investment into other territories.

Riverside closes third Europe fund on €315m(2)

With a new fund nearly ten times the size of its predecessor, the Cleveland and New York-based firm plans to expand its European footprint to include the Benelux region, the Iberian Peninsula, Brussels and Holland.

Partners launches tie-up with Sumitomo in Japan

The Swiss-based alternative asset manager revealed plans to launch a joint venture with a Japanese asset manager, as it reported another strong set of results for its listed opportunities fund.

CDC expands with four appointments

Four directors have been appointed at UK government-backed emerging markets fund of funds CDC, as the business continues to diversify its investment activities.

European Capital opens in Spain(3)

European Capital, a listed affiliate of US group American Capital Strategies that invests in equity, senior and mezzanine debt, has opened its fourth office in Europe.

Riverside closes third Europe fund on €315m

With a new fund nearly ten times the size of its predecessor, the Cleveland and New York-based firm plans to expand its European footprint to include the Benelux region, the Iberian Peninsula, Brussels and Holland.

Candover must step up Stork talks(3)

UK buyout firm Candover is considering whether to step up negotiations with trade buyer Marel in an attempt to salvage its bid for Dutch industrial group Stork, after the Icelandic group built up its stake to 19.6 percent.

LBO giants launch PR offensive in Germany(2)

Hanns Ostmeier has stepped down from The Blackstone Group to chair the German Venture Capital Association’s new mega-buyout platform.