Robert Venes

Private equity firms accounted for 16 percent of all global investment banking revenues in the first six months of the year.

Mark Richards, an 18-year veteran of Barclays, is the second hire in recent months for Actis following the appointment of former Microsoft India MD Rajiv Kaul.

Trish Geery, formerly managing director and head of global real estate for the Dubai Investment Group, has joined Marc Mogull’s recently launched private equity real estate business.

Social networking sites have become popular lately with teens, housewives and VCs too. Benchmark Capital’s Barry Maloney tells Robert Venes why his firm has put its money into three such businesses.

Southern Cross Healthcare Group, a Blackstone portfolio company, has relaunched its plans to float on the London Stock Exchange following postponement late last month.

After just four months, TDR Capital has raised €1.75bn for the successor to its €550m debut fund.

Life Science Partners has increased its assets under management to $500m following a final close of its third venture capital fund, LSP III, at €150m.

Sponsor-backed M&A in Europe was slightly down on first half figures for 2005 although the average deal size rose.

Permira urges restraint on new De Vere bid 2006-07-28 Robert Venes <P><FONT color=#99926b>Permira</FONT>, the European buyout firm, has again urged shareholders in <FONT color=#99926b>De Vere Group</FONT>, a hotel and leisure chain, to take no action following a revised offer fr

Following an increased offer of 850 pence per share from Richard Balfour-Lynn’s Alternative Hotel Group, Permira has asked shareholders to take no action as it considers whether to make its own bid.