With private equity set to further blossom over the next decade and continue its AUM expansion, it will become incumbent upon industry leaders to explore new ways to deliver growth in their firms’ portfolios.
BlackRock Long Term Private Capital will become the new majority shareholder in Creed, the Paris-based multi-century old luxury fragrance company.
Paris-based Apax Partners has added to its team with two new appointments. Joséphine Loréal will work in investor relations, while Raphaël Bazin has been appointed as director at Apax Partners Development, the investment team dedicated to Apax Partners’ investments in companies with a value of EUR10-100 million.
GHO Capital Partners, a European specialist investor in healthcare, together with the existing management team has acquired Ardena from Mentha Capital.
Since starting her career in 2006 at ABN AMRO, Sweta Chattopadhyay has seen, first-hand, how investors have changed their allocation preferences to private equity. Having worked at a number of prominent UK pension schemes as an in-house advisor, where she developed a broad network of PE manager relationships, Chattopadhyay currently works as Director within the Private Markets team at Bfinance, a London-based independent consultant to global institutional investors, where she is head of Private Equity advisory. Here, Chattopadhyay talks to Private Equity Wire about her personal career evolution, and the changes she has seen along the way.
According to a joint study by the search firm Jeff Christian Partners and PE firm Talent Equity Capital, CEO compensation of private equity and venture capital firms will rise over 20 per cent in 2020 compared to 2019.
Europe is the only region worldwide to have recorded positive M&A performance in 2019, with European dealmakers marginally outperforming their regional index by +0.6pp (percentage points) over the last 12 months, according to the latest results from Willis Towers Watson’s Quarterly Deal Performance Monitor (QDPM), run in partnership with Cass Business School.
With a predicted USD275 billion of investment expected from US wireless providers over the next few years, not to mention up to three million new jobs and an annual USD500 billion GDP boost for the US economy, it’s no wonder that 5G is being a dubbed truly transformative technology. And as James Williams finds out, private equity investors are keen to help finance the revolution…