20 most Influential
A tumultuous 12 months on from the onset of the credit crunch, we asked 500 of the industry’s biggest hitters to name the most powerful people in European private equity.
Tuesday, 12th August 2008
LATEST NEWS
EFG-Hermes makes triple hire from Goldmans
EFG-Hermes Private Equity has appointed three senior executives from Goldman Sachs to its private equity business.
Thursday, 10th July 2008
Wellington opens Silicon Valley office
Wellington Partners has opened its fourth office, based in Palo Alto, California.
Thursday, 10th July 2008
Sovereign makes double appointment
Sovereign Capital has appointed Taha Hasan as an investment manager and Tom Matthews as an investment executive.
Thursday, 10th July 2008
Penta acquires ID Support Services
Aberdeen Asset Managers has sold ID Support Services to Penta Capital Partners in a deal that values the company at around £25m (€32m).
Thursday, 10th July 2008
Leveraged finance chiefs quit en masse
Tim Flynn, Goldman Sachs' co-head of leveraged finance for Europe, Middle East and Africa, has resigned after 11 years to move to Axial Investment Management.
Wednesday, 9th July 2008
Riverside buys SPX Air Filtration
The Riverside Company has acquired SPX Air Filtration, a subsidiary of New York-listed SPX Corporation.
Wednesday, 9th July 2008
Bowmark seals Education and Adventure Travel sale to DLJ
After a messy and protracted sales process, Bowmark Capital has at last offloaded UK school travel business, Education & Adventure Travel, to DLJ Merchant Banking Partners for £100m (€125m).
Wednesday, 9th July 2008
Jolly leaves Russell to go solo
Frédéric Jolly, Russell Investment Group’s chief executive for Europe, the Middle East and Africa, will leave in September to launch a private equity house specialising in acquiring asset managers.
Wednesday, 9th July 2008
Eurazeo makes executive board appointment
Eurazeo has appointed Luis Marini-Portugal to its executive board.
Wednesday, 9th July 2008
Former Carlyle man joins clean tech investor
Jay Powell, a former partner at the Carlyle Group, has joined clean tech investor the Global Environment Fund.
Wednesday, 9th July 2008QUOTES OF THE WEEK
I think what's happened is that the concept of risk-adjusted rate of return has been replaced by what I would call risk-ignored rate of return, and people are substituting yield for credit judgement.
Wilbur RossPrivate equity companies have targeted car parks as a cash cow, taking over £1 billion out of the industry in the last few years
Rob Kelsall, GMB, responsible for car park workers
Queen fails to save Northern Rock
18, 18 Oct 2007
May the Esprit be with you
18, 18 Oct 2007
Flat tax haven
18, 18 Oct 2007
The deer-hunter
18, 18 Oct 2007
Karsten Langer
Karsten Langer, deal origination partner at global private equity house Riverside, describes the firm’s plans for international domination of the lower mid-market.
Jonathan Russell
The new chairman of EVCA and 3i’s global head of buyouts warns that unless the industry is unified, it faces a continental wave of anti-private equity legislation.
Second chances
As primary private equity investors feel the full force of a credit crisis and global slowdown, a panel of counter-cyclical secondaries experts are preparing for a deluge of deal flow.
Robert Coke: Wellcome Trust
Senior investment officer Robert Coke on sleepy GPs, listed management companies and plans to become a debt provider.
LATEST ISSUE
Leader
It’s crunch time
The European private equity community is solemnly marking the first anniversary of the credit crunch this week with an extended summer holiday.
Top Story
20 most Influential
A tumultuous 12 months on from the onset of the credit crunch, we asked 500 of the industry’s biggest hitters to name the most powerful people in European private equity.
Feature
London 2012: the private equity opportunity
As the British public gets behind its athletes in Beijing this month, UK private equity firms are also under starter’s orders. Buyout houses targeting everything from construction and hospitality to recruitment, software and plumbing are preparing to compete for the Olympian opportunities presented by London 2012.
Comment
Will buyout terms protect LPs?
The simple arithmetic of private equity means refinancing concerns go a lot further down the deal spectrum than anyone previously thought.
News Analysis
Parting companies
Partech International Partners, the latest in a string of transatlantic divorces, has reignited the question of whether long-distance relationships can last.
