Toby Mitchenall
Toby Mitchenall is the Senior Editor for private equity at PEI Media. He is responsible for and regular contributor to the private equity coverage across Private Equity International, Secondaries Investor and private funds management and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
With Foxtons restructured, BC Partners can now focus on its impending fundraise.
The London headquartered buyout firm is likely to target almost €6bn for a fundraising this year – a similar size to its 2005 fund.
The 23-year veteran of the private equity industry has emerged at the fund of funds and advisory firm following his departure from SVG last year.
After more than a year of dicussions, high-profile London estate agents Foxtons has undergone a capital restructuring that sees its lenders own the majority of the equity.
Following its $350m PIPE in Office Depot, BC Partners has acquired a Texas-based education provider.
The two firms are selling Springer Science+Business Media to EQT and GIC for €2.3bn.
The buyout firm has underwritten its portion of the deal entirely with equity, and will look to put a debt package in place before it completes in 2010.
In an unusual proposition, the Chinese sovereign wealth fund is offering liquidity to LPs in the €11.2bn Apax Europe VII.
The Boston-headquartered fund administration group will take on such European clients as CVC Capital Partners, AXA Private Equity and Terra Firma.
Christina Pamberg has left the firm after four years as head of European IR and fundraising, while ex-Goldman exec Alex Fletcher has joined KKR's European client and partner group.