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.
European private equity investment firm Oakley Capital is to sell a majority stake in atHome Group, a Luxembourg-based online classifieds and mortgage broking business, to Mayfair Equity Partners.
Emerging market investor Actis and Westmont Hospitality Group have acquired the Sheraton Casablanca hotel in Morocco.
ThinCats, an alternative lender to mid-sized SMEs has provided a total of GBP5.9 million in funding facilities for two businesses backed by NVM Private Equity.
Align Capital Partners (ACP) has closed its second private equity investment fund, Align Capital Partners Fund II, LP and Align Capital Partners Fund II-A, LP (ACP II) at its hard cap of USD450 million.
Real asset specialist Aquila Capital has expanded its partnership with Dutch pension investor APG in European hydropower by EUR250 million to EUR550 million. With this new mandate, Aquila Capital’s assets under management increase to EUR10.75 billion.