Western Europe

Segulah recruits Swedish partner(2)

Nordic Buyout Firm Segulah has hired a partner who specialises in deal generation and management.

Wendel recruits Donnet for Asia push(2)

Wendel, the French-listed investment group, is continuing its efforts to expand outside its home market by launching an Asia-Pacific operation and recruiting Philippe Donnet to run it.

Aureos launches debut central Asia fund(2)

Aureos Capital, an emerging markets private equity firm, is raising a $100m fund for investments in central Asia as it seeks to capitalise on the region’s thriving SME sector.

A$11.1bn Qantas bid experiences turbulence(2)

Determined activist investors are holding to ransom the A$11.1billion ($9.2billion) bid byAirline Partners Australia the Macquarie-led consortium for Australian airline Qantas.

Qatar National and Oxford Capital launch venture firm(2)

Qatar National Bank has teamed up with Oxford Capital Partners to found Qatar Capital Partners, which will back technology companies in Qatar.

Bank of England wary of increased risk-taking(2)

The Bank of England’s monthly financial stability report has warned that the recent meltdown in the US sub-prime mortgage sector could be repeated in the UK, as leveraged lenders exploit the benign economic conditions to increase their risk-taking.

Index makes millions from Last.fm exit(2)

The founders of Index Ventures-backed internet site Last.fm have sold the business to US television network CBS for $280 million. The sale has reportedly generated a $56 million profit for Geneva-based Index Ventures.

Chinn comes in at Streetcar(2)

Buyout firm Smedvig Capital has recruited automotive industry veteran Sir Trevor Chinn to chair UK car club Streetcar.

Another twist in Altadis takeover(2)

Altadis, the Spanish cigarette maker that CVC, PAI and Cinven are stalking, has reportedly met with Imperial Tobacco to re-think a takeover by the UK trade buyer.

TVM Capital invests $32m in two deals(2)

Venture capital firm TVM Capital has backed two firms in the space of a week, investing $20 million in a UK submarine company and $12 million in a US-based media services group.