Europe’s biggest bank has hired Campbell Lutyens to advise on the potential sale of its principal direct investments arm. The mid-market group is expected to be valued at circa $1.5bn.
2 min read · 24 February 2014
The duo recently helped former Barclays captive Absa Capital to go independent in South Africa’s largest-ever secondaries deal.
2 min read · 06 February 2014
The newly independent SwanCap has $450m left to spend of its freshly raised $1.2bn fund.
1 min read · 31 January 2014
The sale of emerging markets-focused CVCI leaves Citi with an uncertain future in private equity.
3 min read · 10 October 2013
Goldman Sachs, AlpInvest and Landmark Partners are backing the financial separation of Ridgemont Equity Partners from Bank of America as the firm raises its debut fund as a fully independent firm.
2 min read · 12 April 2012
Committed Advisors, founded by former AXA PE executives Daniel Benin and Barthelemy de Beaupuy, has already closed on eight transactions.
1 min read · 07 July 2011
Paul Capital, HarbourVest, LGT and Axiom have committed around $400m to NewQuest Asia, the spin-out of Bank of America Merrill Lynch Private Equity Asia.
2 min read · 18 April 2011
Gerry Grimstone will step down as chairman of Candover Investments as the investment team breaks away to form a new entity, Arle Capital Partners.
3 min read · 06 December 2010
The firm’s secondary team, which has committed 75% of its $2.9bn Fund VII, has jointly funded the spin-out of a German VC group whose new media portfolio includes some high profile companies like Groupon.
3 min read · 10 January 2010
A management group from Lehman Brothers Venture Partners will spin-out to become Tenaya Capital, which will have $750m in capital and 45 portfolio companies. HarbourVest completed a synthetic secondary transaction as part of the spin-out.
3 min read · 24 February 2009
