Private equity firm Waterland has attracted a number of potential buyers for Dutch trust and corporate management business Intertrust Group, writes Reuters. Blackstone, Carlyle and Cinven are buyout houses looking at the deal and could submit bids. Bridgepoint, CVC and 3i have also considered the deal, according to Reuters‘ sources. Reuters – Private equity firm [...]

In less than three years, GTCR expects to make a little more than 2x its money with Classic Media sale.

AXA Private Equity has acquired a stake in European rubber component manufacturer Novotema Group from 3i. Novotema’s management team also invested. Novotema is headquartered in Villongo, situated 60 km northeast of Milan, Italy. PRESS RELEASE AXA Private Equity, the leading European diversified private equity firm, has acquired a stake of 82.4% in Novotema Group, one [...]

British private equity firm 3i has promoted Simon Borrows to chief executive, writes Reuters. He replaces Michael Queen who has been in the post for a little more than 3 years Reuters – British private equity firm 3i Group has promoted Simon Borrows to chief executive as it looks to turn around its lacklustre performance [...]

Listed UK private equity group 3i is set to name a new chief executive this week, the Financial Times reported, writes Reuters. Simon Borrows, a senior City of London banker who joined the company last year as chief investment officer, is expected to replace Michael Queen who announced his resignation in March after three years [...]

European buyout house Arle Capital Partners has expanded its investment team with two investment managers. Roumyana Boshnakova joins from 3i, and Senka Jeremic joins from Bank of America Merrill Lynch. PRESS RELEASE Arle Capital Partners today announces the further international expansion of its investment team with the addition of two new Investment Managers. Roumyana Boshnakova [...]

Today’s First Read comes with PE’s plans for China, the Taco-Copter, and who made what on OMGPOP

Today’s slideshow takes a look at the rising Finnish tech stars who have secured venture funding over the last year.

Growth Capital Partners, a UK mid-market investor has boosted its deal team with the appointment of Kirsty McDonald, who joins from 3i, as an investment director. Growth Capital Partners currently manages approximately 200 million pounds ($314.1 million). PRESS RELEASE GCP, the most experienced provider of blended equity and debt to the UK’s small to medium [...]

Stuart Howard has joined HarbourVest as Chief Operating Officer, European Listed Products. He will be based in London and will be responsible for overseeing HarbourVest’s role in the operations of HarbourVest Global Private Equity Ltd. and HarbourVest Senior Loans Europe. Howard joins from 3i.