EQT takes next step in its Asia-Pacific strategy – opens office in Japan
In line with EQT AB’s strategic roadmap outlined at the IPO in 2019, growing in the Asia-Pacific region is a key focus area. As the next step on that strategy, EQT has announced the establishment of a local EQT Partners office in Japan. The first EQT investment advisory team to establish in Japan is the […]
ICV Partners appoints Managing Director of Portfolio Operations Group
ICV Partners, an investment firm focused on lower middle market companies in business services, consumer goods & services, food & beverage, and healthcare, has expanded its Portfolio Operations Group with the addition of Mary Rachide who joins the firm as a Managing Director. Rachide will be based in the firm’s Atlanta office. “Mary brings years […]
LDC appoints new investment director in Yorkshire
Mid-market private equity investor LDC has further strengthened its Yorkshire team with the appointment of Will Scales as an Investment Director. As Investment Director, Scales is responsible for identifying potential investment opportunities, leading transactions and supporting the management teams of LDC’s portfolio businesses as they pursue their growth ambitions. Scales, who will be based in […]
Blackstone Deploys $25 Billion to Ramp Up Spending
Real estate, private equity lead record capital deployment. Firm sees growth opportunities despite pandemic challenges. Blackstone Group Inc. deployed a record $25.4 billion in the fourth quarter, as the world’s biggest alternative asset manager sealed large deals and found opportunities in an economy ravaged by the Covid-19 pandemic. New York-based Blackstone spent $11.7 billion on […]
European PE deal activity showed resilience in 2020
Given the economic instability generated by the ongoing Covid-19 pandemic, European private equity deal activity showed remarkable resilience last year, according to Pitchbook’s 2020 European PE Breakdown. The report found that private equity deal volume rose to a new quarterly peak in Q4 last year, closing more than 1,200 deals for the first time. Both […]
EQT Expects ‘Significantly’ More Exits in Healthy Deals Market
EQT AB, one of Europe’s biggest private equity firms, plans to exit “significantly” more companies this year than in 2020 if the market remains healthy. Christian Sinding, chief executive officer of the Stockholm-based company, said companies high up on his list include SUSE, a German enterprise software developer, and Anticimex, a Swedish pest control business. […]
Blue Horizon appoints Managing Partner & COO
Blue Horizon, a pure play thematic impact investor in the alternative protein sector, has appointed Sedef Köktentürk as a Managing Partner & COO to join the executive team and lead on impact. Köktentürk complements the management team of Blue Horizon and will be responsible for leading on impact, client solutions, operations and technology, initially focusing […]
Tech and media sector ready to power M&A bounce-back in 2021
Sector-specialist M&A advisory firm Ciesco has reported global resilience in the tech, digital, media and marketing sectors in the face of the Covid crisis. Ciesco tracked global M&A activity in these sectors, reporting 1,091 M&A transactions in 2020, with announced deal values of USD55.9 billion. This value excluded the one mega-deal of the year (defined […]
Apollo Global Management Announces Conclusion and Release of Independent Review
Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) today announced that the Conflicts Committee of the Board of Directors has completed its previously announced independent review of Chairman and CEO Leon Black’s previous professional relationship with Jeffrey Epstein and publicly released the review’s findings. At a regularly scheduled Board meeting in October 2020, […]
SolarWinds Hack Throws Wrench In Private Equity’s Most Profitable Market
For years, one of the most lucrative corners of financial markets has been the software leveraged buyout, where firms like Thoma Bravo, Silver Lake Partners and others have earned industry topping returns. Their unheralded target companies provide the digital infrastructure, network management, and applications to run businesses on the cloud. These companies generally deploy stable […]
