Private Equity Wire Newsletter

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NEWSLETTER | 6 Mar 2020

Markets fall as Covid-19 cases increase…

This week began dominated by Covid-19 jitters. As cases outside China continue to grow, it led to some serious reconsidering of previous economic forecasts, upgrading the outlook of the effects the virus will have on the world economy. By mid-week, the world saw a steep increase in the number of confirmed cases, suggesting that a “widespread outbreak” is likely, which led to a sell off towards the end of the week.

The ensuing restrictions on travel led to cancellations of industry conferences globally and increased uncertainty in financial markets. PEW attended a private equity conference attended by many of the leading players in the Nordics on Thursday, which indicated healthy activity in the region and highlighted its ongoing efforts with regards to ESG and diversity, while acknowledging that more can be done in these areas on an industry wide level.

Private Equity Wire

IK adds ex-Duke Street partner to its small cap team

Fri | 6 Mar 2020, 12:02

IK Investment Partners has appointed Tom Salmon to its small cap team as a partner in the firm’s London office.

Fri | 6 Mar 2020, 12:02

Advent International has appointed Nicolas Chavanne to head up the firm’s retail, consumer and leisure sector team in Europe.

Praesidian Capital exits PlanetHome

Fri | 6 Mar 2020, 12:02

Praesidian Capital Europe, a provider of growth capital in the United Kingdom, Germany and Northern Europe, has exited its investment in PlanetHome Group.

Fri | 6 Mar 2020, 12:02

Argand Partners, a New York- and San Francisco-based private equity firm, has agreed to acquire Midwest Can Company and Container Specialties.

Fri | 6 Mar 2020, 12:02

As global utilities seek to adapt to a digital world, Energy Impact Partners offers a collaborative platform to invest in technologies that will help them transform.