Europe

Headlines

​Equiniti International Payments strengthens team with six hires across the business

The leading global payments provider, Equiniti International Payments, has appointed six new members of staff as it drives forward further growth across the business.Aftab Baig joins the global payments provider as Head of FinCrime Compliance (Interim), and reports into Nick Pedersen, Managing Director. Thomas Campbell joins as Business Development...

Tikehau Capital celebrates successful listing on Euronext Paris

Market capitalisation €1.5 billionEuronext today welcomed asset management and investment group Tikehau Capital’s listing in Compartment A of its regulated market in Paris. Tikehau Capital was founded in Paris in 2004 and manages assets totalling nearly €10 billion. It has built its growth on four asset categories: private debt, real estate,...

Analysis: The Hottest Sector for Late Stage Tech​ Investing in Europe is Non-Tech

Investments masquerading as tech disguise the fundamental weakness of Europe’s late stage funding rounds.Only 20 real tech companies in Europe get crucial late stage funding each year.Europe is much further behind the US in late stage tech investing than it appears, according to analysis by Magister Advisors. Late stage tech funding is far behind...

Exclusive research reveals mass shareholder frustration post-Brexit

Nearly two million UK shareholders clueless on the value of their shares, ignored by the companies they back and trapped by lack of equity releaseNo transparency, no communication – mass frustration as UK shareholders let down by poor investor relationsAsset Match has surveyed 2,000 UK adults, revealing the widespread feelings of discontent being...

​Nearly half of UK investors POSITIVE about Brexit, two fifths fearful of Trump and a staggering 73% lack faith in Theresa May Seven million investors believe UK entrepreneurs will drive the economy back to strength

New research among 1,000 UK investors by IW Capital uncovers the true impact of 2016’s triple threat of political shocks and their direct effect on the UK investor community, finding: 2.21 million investors are entering 2017 with a greater risk appetite, thus seeking new investment classesOne in ten investors feel the shock political events of 2016...

Finance

Speech Peter Praet: How does monetary policy secure price stability over the medium term?

Intervention by Peter Praet, Member of the Executive Board of the ECB, at the 4th European Technical Consumer Goods Retail Summit in Berlin, 30 March 2017 The origin of the global financial crisisIn 2008 the global economy faced a calamity unparalleled since the Second World War. The crisis had been preceded by a mood of over-optimism in several advanced...

Vontobel names financial products Europe chief

Swiss asset manager Vontobel has appointed Stefan Armbruster, currently global co-head for Retail Structured Products at Deutsche Bank, as head of Financial Products Europe in Frankfurt, effective as of 1 July 2017. Armbruster will replace… ...Read More

New rules to the PE game

Sustained top performance means continued evolution and change. Technology became ever more accessible in the 1990s when personal computers began appearing in every home. But if you’re a tech-savvy person today, you’re not using a… ...Read More

RWC Partners expands equity income team

RWC Partners expands its equity team with the hire of James Kellett. Kellett joined the team – led by Ian Lance and Nick Purves – as a research analyst last month. He was previously an… ...Read More

Ashmore’s Dehn: The problem with the US economy is its currency

Jan Dehn, head of research at Ashmore, discusses why Trump’s diagnosis that unfair trade practices are the root cause of the US economy’s ailments is wrong. Instead, he explains why the dollar, which has become… ...Read More

Legal

​Lamont Pridmore warn high earners about HMRC raids

Higher rate taxpayers have been warned by leading Cumbrian accountants Lamont Pridmore to be vigilant over their tax affairs.The warning comes after new data from HM Revenue & Customs (HMRC) shows that its Affluent Unit took an additional £438 million pounds of high earners.Off the back of this success the Unit, which investigates the tax affairs of...

A Legal Perspective on the Government’s Brexit White Paper

Following pressure from sections of Parliament and the public, Theresa May’s government has published a 77-page white paper document to set out a strategy for leaving the EU. But what does it add to what we already know? Stephen Chater, a solicitor at Postlethwate Solicitors, member firm of the UK200Group, explains.The UK200Group is the UK’s leading...

​32% law firms see private equity as a principal source of external funding

With growing competition from niche firms, law practices are actively seeking targeted acquisitions to scale-up in chosen disciplines.  32% see private equity as a principal source of external funding. Niche law firms seen as greatest source of competition. 59% of firms report a rise in competitive pressure. There is a sharp increase...

​Shoosmiths continues South East expansion with partner hires

National law firm Shoosmiths has further strengthened its corporate team with the appointment of two new partners into the South East offices.Amit Nayyar joins Shoosmiths from Hogan Lovells where he was a leading corporate partner. Previous to this, Amit has held positions at White & Case and Pinsent Masons. Based out of Shoosmiths’ Milton Keynes...

Proskauer, Loeb & Loeb, Cooley Bring NHL to Las Vegas

Ice hockey in the desert might have somewhat of a checkered history in the National Hockey League, but three Am Law 200 firms are advising on a $500 million deal announced late Wednesday to bring a professional hockey franchise to Sin City. Read More

Deals

​Consortium announces investment in Thames Water

Borealis Infrastructure (“Borealis”), the infrastructure investment manager of OMERS, and Wren House Infrastructure Management Limited (“Wren House”), the infrastructure investing arm of the Kuwait Investment Authority, (each a “Consortium Member” and collectively the “Consortium”), are pleased to announce that they have agreed to acquire...

​Aquila Capital expands Nordic portfolio with acquisition of wind project in Finland

Aquila Capital is expanding its portfolio in the Nordics with the acquisition of its first project in Finland, a wind farm with an installed capacity of 14.4 MW on the coast near Kokkola.The Windpark Ykspihlaja includes four Nordex N131/3600 turbines and is in one of Finland’s most favorable locations with an average wind speed of 7.7 meters/second....

New ONS M&A report shows increase international deals in the UK hit record levels

Livingstone has just released its 2014-2016 Global M&A deals Tracker (attached) which breaks down the volume of international M&A deals. Stats include the following;Chinese acquisitions of UK companies increased by 215% in the period 2014-2016, although they account for only one in 20 international acquisitions in the UK marketplace;US investors remain...

​Maven Capital Partners completes £6.5 million MBO of Healthpoint Limited

Funding package will enable Healthpoint to drive growth through new product development and further penetrate grocery multiples, value retailers and export marketsMaven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has completed a £6.5 million management buy-out of Healthpoint Limited (“Healthpoint”), which...

Advent International submits binding offer for STADA Arzneimittel Aktiengesellschaft to STADA management board

Cash offer of €58 per share – Premium of 66 percent compared to STADA’s stock price prior to the publication of share purchases of activist investorsSTADA shareholders will additionally benefit from the expected dividend payment in June 2017Decision of submission of identical public takeover offer to STADA shareholders subject to approval by the...

Acq Lite

TSA seizes cane that delivers 1,000,000-volt shock

March 29 (UPI) -- Transportation Security Administration officers in Hawaii seized a "stun cane" -- an unusual item that's part "mobility device" part electric shock weapon.The TSA said officers at the Kahului Airport on the island of Maui inspected a passenger's cane recently and discovered it was designed to do more than help the user walk."It's a...

Elk gets caught on tarp in Oregon couple's yard

March 29 (UPI) -- A curious elk was filmed getting its antler tangled on a tarp in an Oregon man's backyard and running off with the big blue sheet in tow.RJ Marx posted a video to Facebook showing a group of elk hanging out in his Gearhart backyard during the weekend when a bull elk ends up with one of its antlers caught in a big blue tarp.The elk...

Teen performs 'UP' theme in Pixar promposal

March 29 (UPI) -- A teenager in North Carolina wooed a potential prom date by playing her the main theme from the Pixar film UP.Tyler Chipwood, 17, had his future date, Adriana Fernandez, open her friend's garage door. He was inside the garage with a bundle of balloons tied to a piano, playing the song from the 2009 computer animated film."[Shoutout]...

TSA seizes can that delivers 1,000,000-volt shock

March 29 (UPI) -- Transportation Security Administration officers in Hawaii seized a "stun cane" -- an unusual item that's part "mobility device" part electric shock weapon.The TSA said officers at the Kahului Airport on the island of Maui inspected a passenger's cane recently and discovered it was designed to do more than help the user walk."It's a...

Kangaroo teaches tailgating driver a lesson in fit of 'roo rage

March 29 (UPI) -- A driver on a rural Australian road at night ended up having their car whacked by a road raging kangaroo that didn't take kindly to being tailgated.The driver said they were driving behind the kangaroo for more than half a mile March 2 in the Lake Bathurst area, and the dashboard camera footage of the encounter shows the marsupial...