Victoria Robson

Cinven partner and head of its healthcare team, Supraj Rajagopalan talks to Private Equity International about healthcare investing in the year past and the one to come.

The European firm announced its third transaction in a week with its agreement to acquire Groupe B&B Hotels from Carlyle.

The investment in the Scandinavian kitchen company is understood to be the firm’s third from its debut small-cap vehicle that is currently in market targeting €250m.

A study of almost 600 portfolio companies revealed that US GPs have charged $20bn in transaction and monitoring fees over a 20-year period.

The emerging market fund’s investment in Asiri Hospitals Group is understood to have generated an IRR of more than 25%.

The European mid-market firm’s acquisition of Salad Signature brings the number of investments made from that fund to 10.

Investments held for more than four years will remain subject to capital gains tax treatment.

The sale follows the firms’ divestment of pharmaceutical company Quotient also this month.

The lifescience investor topped its €250 million target tapping investors primarily in Europe and some in North America.

As Hilary Clinton campaigns for the Democratic Party nomination in the race to the White House, in an op-ed in the New York Times, she reiterated her proposal to reform carried interest taxation as part of her broader agenda for the financial sector.