Toby Mitchenall
Long-standing fixture of the European private equity landscape Candover has decided to continue life only as a realisation vehicle, returning money to shareholders as investments are sold.
Infrastructure doyen Vito Gambarale and private equity veteran Carlo Mammola have joined forces with Berger, Lahnstein and Middelhoff to raise €250m for the Italian mid-market.
Two of Eaton Partners’ former European fundraisers have set up London-based placement agent Threadmark.
The threat presented by Solvency II should not be underestimated.
The influential European LP is considering whether to use a fund of funds – something it has not done in its 10-year history – to access the Chinese private equity market, as it doubles its allocation to emerging markets.
Margot Wirth, head of private equity for the $133bn pension, sees a shift away from totally ‘blind trust arrangements’.
The global firm will publish details of its environmental, social and governance programme by the end of the year, said European head Johannes Huth at the PEI Responsible Investment Forum on Thursday.
Barclays Private Equity will only spin out from its banking parent once fundraising for its fourth fund is well underway.
Private equity firms in the UK feel that potential changes to the way capital gains are taxed could endanger the country’s position as an industry hub.
Banks and insurers – two significant players in the domestic French LP base – are being pulled away from asset class.