Buyout chiefs leave a trail of ruin on the high street

26 July, 2020 London

IN NUMBERS 50% Growth in the number of casual dining outlets between 2010 and 2018 £48bn Spending by private equity firms on retailers and casual dining groups since 2000 £1.1bn Debt pile of Pizza Express, owned by China’s Hony Capital When Karen Jones and Roger Myers brought a slice of Parisian café culture to southwest[…]

The Impact of Brexit on Financial Services Regulation in the UK

12 July, 2019

The Fund Reviews team was pleased to be recently invited by the UK Financial Ombudsman Service (“FOS”) to discuss our thoughts on the impact of Brexit on financial services regulation in the UK, particularly how it impacts on the FOS.  Watch the slideshow of our presentation to the FOS. Please contact us if you would like our[…]

OpCapita closes Consumer Opportunities Fund II at the hard cap of €350 million

6 September, 2016 London

OpCapita LLP (“OpCapita”), the European private equity partnership, today announced the final closing of its second fund, OpCapita Consumer Opportunities Fund II LP (“the Fund” or “Fund II”), at the hard cap of €350 million. The Fund is focused on investing in underperforming businesses in the consumer, retail and leisure sectors in Europe. Fund II,[…]

Lonsdale Capital Partners closes £110m fund

14 April, 2016 London

The Partners of Lonsdale Capital Partners, Alan Dargan, Ross Finegan and David Gasparro, today announced that it has closed its first fund, Lonsdale Capital Partners L.P., at its target and hard-cap amount of £110 million. The fund reached its final close after nine months of fundraising. Lonsdale’s fund will continue to invest at the smaller[…]

KKR Closes $3.35 Billion Global Special Situations Fund II

5 April, 2016 New York

KKR, a leading global investment firm, today announced the final closing of KKR Special Situations Fund II L.P. (“KSSF II” or the “Fund”), a $3.35 billion global fund primarily focused on credit-oriented, deep-value investing in distressed or event-driven situations. “The number of credit assets trading at distressed levels has been increasing steadily for several months.[…]

Aviva Investment funds the launch of AEW UK Real Return Fund

23 February, 2016 London

Real Estate Investment Manager, AEW UK, cornerstoned by Aviva Investors Global Indirect Real Estate (GIRE), has launched its Real Return Fund, a new strategy which seeks to align the real benefits of property with the liabilities of pension funds. AVIVA Investors Global Indirect Real Estate (GIRE), on behalf of institutional clients, has provided £42.5m of[…]

Norvestor Equity announces the final close of Norvestor VII, L.P.

8 February, 2016 Oslo, Norway

Norvestor Equity AS (“Norvestor”), a leading Norwegian mid-market private equity firm, is pleased to announce the successful final closing of Norvestor VII, L.P. (“Fund VII”). Fund VII was oversubscribed and closed at the hard cap of NOK 4.9 billion (EUR 510 million). Fund VII has a strong following from investors in predecessor funds and has[…]

Synova Fund III closes at £250m hard cap

14 January, 2016 London, UK

Synova Capital LLP (“Synova”), an award winning investor into UK growth companies, is pleased to announce that it has successfully closed Synova Capital Fund III LP (“Synova III” or the “Fund”) at its hard cap of £250m. In keeping with its 2013 predecessor fund, the Synova III fundraising was completed in less than three months[…]

Rockspring announces first close of TransEuropean VI raising €217.5 million

12 October, 2015

Rockspring Property Investment Managers LLP announces the first close of Rockspring TransEuropean VI LP, having secured commitments totalling €217.5 million from five investors across the UK, France, Finland and the US. This represents over half of the €400 million targeted for the Fund. With further equity closings planned for the end of 2015, TEP VI[…]

Auda closes $332 m for third secondary fund


Auda International L.P. (“Auda”), a leading global sponsor of private equity funds-of-funds, secondary funds and co-investment funds, announced the final close of Auda Secondary Fund III L.P. (“ASF III”) on December 31, 2013, with limited partner commitments of $332 million. ASF III generated significant interest from a wide range of private equity investors, exceeding its[…]