Matthieu Favas
The London-based firm’s second vehicle, which is more than twice the size of its maiden fund, will have a particular focus on mining and energy opportunities in Latin America.
The buyout arm of Lloyds Banking Group has divested its interest in Europe’s largest temporary access equipment maker in a deal valuing the business at more than £28 million.
James Burdett, head of investment funds at Baker & McKenzie, explains how sovereign wealth funds differ from traditional LPs – and what their increasingly active role in private equity means for the industry.
The last exit by the firm’s Fund III, which brings the overall performance of the 12-year old vehicle to 3.3x, comes as the French GP continues raising a €3bn fund.
The European firm has hired advisors to sell Europe’s largest cinema chain, in a transaction likely to value the business at more than £1bn.
The continent’s weakest countries are not yet nearing the end of their economic travails, says Silverfleet’s Neil MacDougall, leading the region to post its third-worst quarter of private equity deal volume since 2008.
The private investment manager is expanding further still, as it integrates Milan-based fund manager Perennius.
The Swedish GP will replace managing partner Christian Sievert (pictured) with founder Gabriel Urwitz as part of a reshuffle that will also see Lennart Ribohn become chairman of the firm.
The sale of Uganda’s fifth largest bank, which started as a DFI to become a fully-fledged corporate and retail lender, values the company at nearly $100m.
The binding offer by BC Partners values the animal tags business at more than $1.3bn, completing an auction process that had attracted interests from a long list of private equity firms.