Matthieu Favas
Matthieu Favas is the editor of Agri Investor. He was previously the web editor of Infrastructure Investor, where he started in 2013 after a year as a reporter at Private Equity International. Prior to joining PEI he spent four years in the wine industry in London, Spain and Mongolia.
The French fund manager has brought in €900m from first-time LPs with re-ups from existing investors exceeding the €1.45bn raised for its previous fund.
The move, announced by the government today, aims to cut costs and fees and to deploy more funds into infrastructure.
The US buyout firm, which started marketing the fund in mid-2013 with a target of $1.5bn, has enlisted support from 160 investors
Shares of Riverstone’s first listed vehicle, which had an initial target of £1.5bn, dropped 5% in the grey market yesterday.
The Abu Dhabi sovereign fund, which saw its head of buyouts depart at the end of last year, has run out of dry powder and given up raising a new vehicle.
The emerging market firm has now divested three hospital operators in the last 18 months – and continues to invest heavily in the healthcare industry.
Mounting macroeconomic concerns are making deals harder to execute in Turkey – but easing competition may help bring down valuations, delegates heard at PEI’s Turkey Forum in Istanbul.
The Swiss-based firm has added Dieter Scheiff, former CEO of HR heavyweight Adecco and a member of its 20-strong operational taskforce, to its senior investment team.
Whileman, who was one of the two investment executives to leave 3i last June, will help the UK mid-market firm increase its focus on minority investments.
The French manager, bought by Coller Capital from Crédit Agricole last year, is targeting €180m for its latest buyout vehicle.