Latest News
Silverfleet Capital, the European private equity firm that specialises in buy and build investments, has made a 3x money return and an IRR of 27 per cent from the EUR417m sale of France’s jewellery chain Histoire d’Or, to Bridgepoint Capital.
Silverfleet Capital invested in Histoire d’Or in 2006, in a tertiary buy-out, with the objective of continuing its roll-out strategy across France.
Since then the company has increased the number of stores it operates from 124 to 208 while Ebitda has grown by 70 per cent from EUR27m to EUR46m.
In addition to a roll-out in France and Italy the company
HarbourVest Global Private Equity’s estimated economic net asset value was USD762.1m or USD9.18 per share as at 30 September 2010.
This represents a 3.1 per cent increase from the 31 August 2010 estimated economic NAV per share of USD8.90.
The increase in economic NAV per share resulted from positive foreign currency movement (USD0.16 per share) and increases in the values of publicly-held securities (USD0.14 per share), partially offset by ongoing operating expenses (USD0.02 per share).
During the month, HVPE funded USD11.2m of capital calls and received USD17.3m in distributions, resulting in net positive cash flow of USD6.1m.
Also
Jan Amethier has been appointed head of corporate finance at Handelsbanken Capital Markets.
Jan Amethier has been appointed head of corporate finance at Handelsbanken Capital Markets.
Amethier has spent 12 years at JP Morgan in London where his positions have included head of Nordic investment banking. He was also co-head for the whole of European M&A operations.
In the 1990s, Amethier worked at the Swedish Ministry of Industry and led the work of nine privatisations on behalf of the Swedish government.
Most recently he was head of Nordic operations for Doughty Hanson, a private equity firm in London.
NB Private Equity Partners, a closed-end private equity fund of funds investment company, has reached agreements in principle to sell its interest in eight large-cap buyout fund investments for an aggregate 5.1 per cent discount to its carrying value of USD108.6m.
NB Private Equity Partners, a closed-end private equity fund of funds investment company, has reached agreements in principle to sell its interest in eight large-cap buyout fund investments for an aggregate 5.1 per cent discount to its carrying value of USD108.6m.
NB Private Equity Partners, a closed-end private equity fund of funds investment company, has reached agreements in principle
HBR Labs, a web-based collaboration services provider, has raised USD2m in funding from private equity investors.
HBR Labs, a web-based collaboration services provider, has raised USD2m in funding from private equity investors.
HBR Labs, a web-based collaboration services provider, has raised USD2m in funding from private equity investors.
The capital will be used to accelerate the growth strategy for its web meeting, document sharing and multi-media collaboration solutions, ShowDocument and VeriShow.
"We plan to build on the significant progress we’ve made in key industry verticals for both ShowDocument and VeriShow," says Yuval Moed, co-founder and chief executive of HBR Labs.
Bristol law firm Temple Bright has acted for Bath based Anthem Publishing on its acquisition from IPC Media of Guitar & Bass magazine.
Jonathan Poole led the deal with James Howell giving specialist employment advice.
City firm Herbert Smith acted for IPC.
Anthem’s managing director Jon Bickley says: “We were impressed with Jonathan and James’ commercial input as well as legal advice and really appreciate the time they put in even though working for a capped fee. They helped shape our offer, including the strategic decision to open a London office. This saw us win through the auction process
Century Focused Fund II, a private equity fund sponsored and managed by Century Capital Management, has completed an investment in Torrent Technologies.
Torrent plans to use the additional capital to support its growth and to recapitalise early investors in the company.
Torrent is a technology leveraged business services company that provides back office policy and claims processing services to private insurance carriers that participate in National Flood Insurance Program.
Century Capital provides growth capital to companies in the financial services industry.
Century Capital Management’s partner Charles L. Kline says: "The flood market demands a high level of service and versatility
Third Eye Capital, a Toronto-based investor in privately-negotiated secured loans, has named Algis Vaitonis as its new senior vice president and head of operations.
Vaitonis brings with him more than 20 years of lending and risk management experience, serving most recently as chief credit officer at CIT Group in Canada where he was charged with full responsibility and oversight for all credit and collections operations.
“In the current credit environment, lenders have fewer exit options and are faced with more complex workout situations when their borrowers fall into trouble”, says Arif N. Bhalwani, managing director at Third Eye Capital. “Algis
INgrooves, a provider of digital distribution, marketing and promotion services to the audio, video and publishing communities, has received growth capital investment from Shamrock Capital Growth Fund II, a private equity fund focused on media, entertainment and communications investing.
Financial terms were not disclosed.
This capital injection will allow INgrooves to expand into ancillary media verticals such as eBooks and make acquisitions in the digital music industry.
With the closing of the Shamrock investment, both Shamrock and Universal Music Group will be minority shareholders in the company.
INgrooves has extended the term of its distribution agreement with Universal Music Group
Hewitt EnnisKnupp, an Aon Hewitt company, has hired Karen Rode as the leader of its global private equity group.
In this role, Rode will be responsible for leading a team of professionals that help Hewitt EnnisKnupp’s clients build global private equity programmes.
Rode has nearly 20 years’ experience in the private equity market and has held a variety of senior positions, including sourcing, underwriting and portfolio management. Prior to joining Hewitt EnnisKnupp, she was the senior managing director of funds at GE Capital, where she led the company’s global fund investment activities and co-led the GE Healthymagination fund.
"As one
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
