LDC takes Mountain Warehouse stake
LDC has acquired a 20 per cent stake in Mountain Warehouse from troubled Icelandic investment vehicle Arev in a deal that values the outdoor retailer at £50m (€60.1m).
Henderson to wind up private equity vehicle
Henderson, the UK fund manager, is winding up its listed fund-of-funds vehicle Henderson Private Equity (HPE).
HgCapital Trust sees NAV increase
HgCapital Trust, the listed investment vehicle of HgCapital, has reported a 2.9 per cent rise in net asset value for the six months to 30 June 2010 to £292.9m (€357m).
Brand Factory acquires Kariplast
Brand Factory, the corporate branding business owned by Swedish private equity firm Scope, has acquired Finnish company Kariplast.
Scope’s Wright Trafikkskole makes two bolt-ons
Wright Trafikkskole, the Nordic driving school owned by Swedish private equity firm Scope, has made three bolt-on acquisitions.
Endless backs world’s oldest conservatory company
Endless has backed Amdega, a designer and manufacturer of timber conservatories, with a significant capital injection. HSBC has also provided funding.
BVCA’s Walker is walking
Simon Walker (pictured) is planning to leave his role as chief executive of the BVCA.
The succession procession
Europe’s private equity industry is undergoing a significant generational shift, accelerated by a financial crisis which is driving senior partners into retirement in their droves.
Hewetson leaves Teachers
Ben Hewetson, the London head of direct investments for Teachers’ Private Capital in Europe, has made a surprise exit from the firm after less than three years in the role.
Del Huse leaves Endless
Del Huse has left turnaround house Endless Investments in order to join Oakley Capital as a managing director.
Thomas Pütter leaves Allianz
Thomas Pütter, founder of the direct investment private equity team at Allianz Capital Partners, has left the firm after more than a decade leading the private equity captive of the German insurer.
Jonathan Little to lead a new investment firm
Jonathan Little is to lead a new investment firm that will be backed by Kedge Capital, the firm that manages the investment portfolio of the Bertarelli family in Jersey.
Trio form Lonsdale Capital Partners
David Gasparro, Ross Finegan and Alan Dargan have teamed up to form Lonsdale Capital Partners, a new lower mid-market private equity firm. Finegan was previously with investment bank JP Morgan.
Robert Adair leaves advisory position
Robert Adair has left his position on the advisory panel of turnaround house Advantage Capital.
Rutland appoints Rahul Satsangi as investment manager
Rutland Partners, the specialist turnaround firm, has appointed Rahul Satsangi as investment manager.
Eversheds appoints new head of private equity
Eversheds partner Richard Moulton has been appointed as the firm’s new head of private equity.