Toby Lewis
Global buyout firm Advent International becomes the latest firm to encourage its team with a slew of promotions worldwide.
The Carlyle Group, the global buyout firm, has acquired KCS.net as the firm continues to do deals in the European mid-market.
UK mid-market buyout firm HgCapital leaving the bidding for Biffa has created a gap for Global Infrastructure Partners to team up with Montagu Private Equity, which had signed a non-solicitation agreement alongside Hg with the UK waste services company’s board.
The Nordic buyout firm has raised a later stage venture technology fund a week after it closed a real estate fund specially set up to acquire Nordic hotels.
SME entrepreneurs have benefitted from the retention of taper relief on capital gains of up to £1 million. But industry body the BVCA argues the 18 percent flat rate will make the UK less competitive.
The global hedge fund has recruited two bankers from Lloyds TSB after employing the UK bank’s former head of structured finance last year to set up its direct capital team.
The US investment firm is the most prominent interested party in the bidding for UK investment bank Close Brothers and it is reportedly lining up a quick sale of the bank’s assets upon acquisition.
UK lower mid-market buyout firm Isis Equity Partners has bought Playforce, as the smaller buyout market keeps on swinging despite the credit crunch.
The eleventh hour settlement between French bank Natixis and defendants West LB and CIBC in the courtcase relating to Terra Firma’s troubled Boxclever buyout has left Guy Hands’ buyout firm facing charges of fraud alone.
The European venture firms have backed website Moveme.com. Balderton’s investment was driven in part by the memory of the stress of moving house.