Intelligence
Latest
Intel
CVC Credit is supporting KKR’s acquisition of French insurance broker-distributor April Group with the commitment of senior credit facilities.
CVC’s Private Equity business, through CVC Capital Partners Fund VII, acquired April – which is France’s second largest insurance broker-distributor with €1.5bn premiums in 2022 – in June 2019 from its founders. Having generated strong performance, CVC announced the sale of April to KKR in November 2022.
April Group designs, distributes and manages branded insurance solutions on behalf of partner insurers, and benefits from a large network of independent retail brokers that handle customer contact and acquisitions.
CVC supported April Group’s
Intel
TOP STORY: Energy-focused private equity buyout firm NGP Energy Capital Management is considering the potential sale of two Permian basin-focused oil producers, which could realise combined proceeds in excess of $7 billion, according to a report by Reuters.
Insights Report
Private equity fundraising more than doubled in India last year. As it becomes the world’s most populous country, global private equity sees growth in supply chain manufacturing and tech.
Intel
MidOcean Partners, a New York-based alternative asset manager specialising in middle-market private equity and alternative credit investments, has closed MidOcean Partners VI, with over $1.5 billion in capital commitments, making it MidOcean’s largest fund since inception.Â
Intel
KKR has held the final close of European Fund VI with $8.0 billion in capital commitments, making it the firm’s largest European Private Equity fund to date, surpassing the $6.6 billion KKR raised for its predecessor vehicle in 2019.Â
Intel
M&G Investments, along with two other large shareholders, is to vote against a proposed private equity takeover of British events group Hyve PLC because the bid significantly undervalues the international exhibition company, according to a report by the Financial Times.
PARTNER CONTENT
A shift in economic conditions which are more conducive to new fund formations will also help support growth in the industry. Butler notes the jurisdiction is already starting to see new fund launches taking place during the first quarter of 2023.
Intel
Rising interest rates, high inflation and concerns over a global recession, saw global mergers & acquisitions dealmaking fall to its lowest level in more than ten years in the first quarter of the year, according to a report by Reuters, citing data from Dealogic.
PARTNEr Content
In 2017 the Cayman Islands’ Foundation Companies Act came into force. The act permits a new type of The Act introduced what was then a new type of company which bolsters the jurisdiction’s offering of versatile special purpose vehicles which has potential application in a wide range of structures and scenarios
Partner Content
The year 2022 saw unprecedented level of sanctions imposed on Russia, as well as new and expanded sanctions controls targeting old foes like China and Iran. While the fund sector has become accustomed to the new normal, a new dawn of economic controls looms on the horizon. Â
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
