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Access Capital Partners boosts secondaries team
29/06/2001. Access Capital Partners has strengthened its secondaries investment activities by appointing specialist Christopher Marlowe to the team. 
Another incubator changes shape to reflect difficult times
29/06/2001. Internet Incubator plc has become the latest of the once popular breed of early-stage technology investors to change its name.
Tech fall hurts 3i's European Technology Trust
29/06/2001. The collapse of global technology markets has claimed its latest victim in the form of 3i's European Technology Trust.
CVC Capital Partners closes record E4.65bn European fund
28/06/2001. CVC Capital Partners has moved into the lead in the ongoing race to raise Europe's largest buy-out fund.
Axa Private Equity makes first closing of secondary fund
28/06/2001. Axa Private Equity has announced the first closing of its Secondary Fund after attracting E350m in just two months.
Israel's Giza VC opens first Asian office
27/06/2001. Israeli firm Giza Venture Capital has reinforced its presence in Asia by setting up operations in Singapore.
Mezzanine Management raises fund to invest in Central Europe
26/06/2001. Mezzanine Management is said to be raising an E150m fund to finance private equity investment in Central and Eastern Europe.
European VC tech investment catching up with US
26/06/2001. European venture capital investment in technology hit a new record in 2000 and is starting to catch up with US levels, according to a survey out today.
Worldwide M&A activity plummets
26/06/2001. Worldwide mergers and acquisitions activity collapsed in the first half of the year, highlighting how dramatically the business environment has turned around since early 2000.
Dutch firm Robeco offers private equity to individuals
26/06/2001. Dutch investment firm Robeco has launched the country's first private equity fund of funds aimed specifically at retail investors.
L&G Ventures to buy Craegmoor Healthcare from Warburg Pincus
25/06/2001. In a move that could well highlight the lack of liquidity in the private equity market, European buy-out firm L&G Ventures is on track to buy nursing-home operator Craegmoor Healthcare from US private equity house EM Warburg Pincus.
Germany takes the lead in European buy-outs
25/06/2001. Germany has stormed into the lead of continental Europe's buy-out league, quadrupling its deal value in 2000 to E15bn on the previous year, according to the latest research from the Centre for Management Buy-Out Research.
Axa Investment Managers launch private equity products in Germany
25/06/2001. In recognition of the growing appetite for private equity, Axa Investment Managers has announced it is to launch a range of products aimed at German institutional investors.
UK finance directors support Myners report proposals
25/06/2001. A comfortable majority of the UK's finance directors have given their backing to the proposals contained in Paul Myners' recent government-sponsored review of institutional investment, according to a survey commissioned by Barclays Global Investors.
Whitney managing director quits
22/06/2001. David Scherl, managing director, chief operating officer and chief legal officer at Whitney & Co, has become the latest high-profile figure to depart from the firm.
Barclays provides £80m regional venture capital
22/06/2001. Barclays is to inject about £80m venture capital into some of Britain's most depressed areas, according to reports today.
Swiss firm Adveq earns upgraded fiduciary rating
22/06/2001. Swiss private equity fund of funds firm Adveq has earned an upgrade to the fiduciary rating for its investment activities.
Leicestershire County council eyes private equity investment
22/06/2001. Leicestershire County Council has become the latest English local authority to investigate at investing some of its pension portfolio in private equity.
HgCapital strengthens media team
21/06/2001. HgCapital, until recently known as Mercury Private Equity, has appointed Robin Lincoln as an associate director to its media team.
Castle Private Equity posts 'respectable' results for 2000
21/06/2001. Castle Private Equity, the Swiss private equity investment firm, has unveiled what it described as 'respectable' results for calendar year 2000 against the background of turbulent market conditions.
Duke Street appoints director of origination
20/06/2001. Duke Street Capital has created a new role and hired Timothy Lebus as director in charge of origination, in a bid to source deals ahead of rivals.
Charterhouse finally obtains independence
20/06/2001. Charterhouse Development Capital (CDC) a leading European private equity house has completed its management buy-out from HSBC Holdings Plc.
Pantheon appoints Livingstone to head its European secondary activities
20/06/2001. Pantheon Ventures, the specialist private equity investment and advisory firm, has moved to strengthen its activities in the global secondaries market by appointing a heavyweight to head up its European secondary investing.
Doughty Hanson to launch E4bn mega-fund
19/06/2001. Doughty Hanson, the London-based buy-out fund, is expected to start raising a new fund towards the end of the year, sources have said.
Deloitte survey hints at recovery in European VCs' confidence
19/06/2001. Europe's venture capitalists remain subdued about the medium-term prospects for the region's economy and their own businesses but there are faint signs of a creeping recovery in confidence, according to the latest Deloitte & Touche private equity confidence survey.
UK Treasury sets out pro-venture agenda
18/06/2001. Chancellor of the Exchequer Gordon Brown has outlined a strongly pro-venture policy agenda for his government's next four years, promising progress in a number of key areas that have long been at the top of the list for VC lobbyists.
SJ Berwin Paris takes on four M&A lawyers
18/06/2001. Law firm SJ Berwin has hired a team of four to boost its French M&A operations, particularly in the area of private equity.
Willis Stein fund oversubscribed at $1.8bn
15/06/2001. Chicago-based Willis Stein & Partners has announced the successful closing of its latest fund – Willis Stein III - at $1.8bn.
NewMedia SPARK announces £46.3m loss
15/06/2001. NewMedia SPARK, the early stage technology investor, forced a grin as it announced a disappointing set of annual results and said there were signs that conditions were improving.
Mercury PE renamed HgCapital
15/06/2001. Six months after buying itself out from Merrill Lynch, Mercury Private Equity has rebranded itself HgCapital.
Sovereign Capital III has first close at £55m, hires Gresham director
15/06/2001. Sovereign Capital, formerly Nash, Sells & Partners, has announced a first close for its third fund at £55m.
Candover announces first closing at E1.1bn
14/06/2001. European large buy-out firm Candover has raised E1.1bn at the first closing of its 2001 Fund.
Europe's private equity industry sees another record year
14/06/2001. European private equity and venture capital firms invested a record E34.9bn in 2000 and pension funds became the largest investor in the asset class for the first time since 1995, according to figures just out from the European Venture Capital Association.
South Africa's Gensec launches its first Irish venture fund
14/06/2001. South African bank Gensec has announced it is to establish its first venture fund in Ireland to focus on European information technology.
Greenhouse gains independence from Reuters
14/06/2001. Reuters has today confirmed reports that its corporate venturing arm the Greenhouse Fund is to spin out into a newly formed and independent fund management firm.
Rothschild names head for new equity private placement business
13/06/2001. International investment banking group Rothschild has named Lloyd E. Campbell as the head of a new business unit that will advise companies looking for private equity.
Barclays Capital appoints new director for UK infrastructure fund
13/06/2001. Barclays Capital, the investment banking division of Barclays PLC, has announced the appointment of a new director to Barclays Private Equity.
$250m final closing for Bain
13/06/2001. Bain Capital Ventures has announced that its Bain Capital Venture Fund has closed at $250m.
Charterhouse set for independence
13/06/2001. Charterhouse Development Capital will announce imminently that it has spun out from its parent HSBC Holdings, according to reports out today.
Accel Partners raises new $500m European fund
13/06/2001. Palo Alto-based Accel Partners has announced that it is in the final stages of closing its $500m Accel Europe Fund and that it has added two new partners to its London office.
EVCA releases European private equity figures for 2000
13/06/2001. According to the EVCA, European private equity fund raising in 2000 reached a record amount at €48bn, representing growth of above 85 per cent.
Carlyle launches in Spain today
12/06/2001. The Carlyle Group is extending its European reach today as it opens its Spanish offices.
Accel Partners recruits Sonera CEO
12/06/2001. President and CEO of Sonera, Kaj-Erik Relander, has resigned to join US firm Accel Partners.
Truell is new BVCA chairman
12/06/2001. The British Venture Capital Association has appointed Edmund Truell, chief executive of Duke Street Capital, as its new chairman for the coming year.
Duke Street prices Europe's largest CDO fund
12/06/2001. Duke Street Capital Debt Management, a new enterprise sponsored by the Duke Street Capital Group, has completed the pricing of Europe's biggest ever collateralised debt obligation fund (CDO) and is on course to close it by the end of the month.
Schroder Ventures Life Sciences expands London team
11/06/2001. The life sciences division of the private equity firm Schroder Ventures has made three senior appointments to its London team.
nCoTec announces first closing at E45m
11/06/2001. Communications technology specialist nCoTec ventures has shrugged off the high-tech gloom by announcing that it has made a first closing of its first fund at E45m.
Wells Fargo takes massive venture capital hit
08/06/2001. US banking giant Wells Fargo has announced it is to take a $1.13bn hit in the second quarter of this year – much of it because of venture capital losses.
Tightening debt market will affect private equity returns
08/06/2001. Private equity houses will have to forge closer relationships with banks, expect lower returns and spend more time managing their existing portfolios rather than chasing new deals, according to a report by Ernst & Young.
Private Equity Holdings severs ties with Vontobel
07/06/2001. Private Equity Holdings, the Swiss fund, has finally brought to an end its strained relationship with private bank Vontobel and chosen instead to forge an association with Swiss Life Private Equity Holders.
Latest Hicks Muse fund may only reach half original target
07/06/2001. US buy-out firm Hicks Muse Tate & Furst has reportedly admitted that it may close its fifth fund at just $2bn – well short of its $4.5bn target.
BC Partners tops up its European buy-out fund
07/06/2001. BC Partners has added to its European buy-out fund, BC European Capital VII, with an extra E700m to take its total to E4.2bn.
SG Hambros and Duke Street in fourth tie-up
07/06/2001. Wealth manager SG Hambros has linked up with Duke Street Capital to launch a new private equity fund for its individual investor clients.
EC approves English regional venture capital
06/06/2001. After nine months of deliberation, the European Commission has given the green light to UK government plans to create £250m of regional venture capital.
Amadeus hires Barings CFO
05/06/2001. John Duffy, former CFO of Baring Private Equity Partners, has joined UK-based Amadeus Capital Partners as a director and chief financial officer.
Finnish private equity investment leaps by 40 per cent
05/06/2001. The total amount invested by Finnish venture capital firms jumped by 40 per cent in 2000, according to the Finnish Venture Capital Association's preliminary figures.
MGPE buy-out may be back on the agenda
05/06/2001. Morgan Grenfell Private Equity's delayed buy-out from parent Deutsche Bank could be close to completion.
Matrix Partners raises $1bn
04/06/2001. Matrix Partners, based in Massachusetts has become the twelfth private equity firm to raise $1bn this year.
Rho Ventures closes $435m fund
01/06/2001. Rho Ventures in New York has closed its fourth fund with commitments of $435m – the fund target was originally set at $400m when it launched last summer.
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