Morning all, Craig McGlashan here with the Europe Wire from the London newsroom.
GP stakes specialist Armen this morning released a white paper on the European GP stakes market, of which PE Hub got a sneak preview. We spoke to the firm’s Renaud Tourmente and Catherine Haumesseron what the sector needs to grow, how it differs from the US and what makes it attractive for investors.
Next, BC Partners portfolio company United Group has agreed to divest some more telco assets.
Finally, with the Indian Venture and Alternate Capital Association Conclave 2025 taking place in Mumbai, we take another look at reporter Irien Joseph’s feature on why private equity is excited about the country’s dealmaking prospects.
Raising the stakes
The European GP stakes market needs more competition and intermediaries to reach maturity, Renaud Tourmente, deputy CEO and COO of Armen, told me. Tourmente spoke as Armen launched a white paper on the growing sector.
Read why Armen believes there are so many opportunities in the European GP stakes market, why it differs from the US and why domestic European GP stakers are best placed to take advantage of those differences, in the premium version of the Wire.
Exit flurry
BC Partners portfolio company United Group has announced another sale of assets.
Find out the details in the premium version of the Wire.
India push
Indian private equity firms have hopes that the sector will have more deals than last year, particularly in financial services, IT and healthcare, Reuters reported executives at the Indian Venture and Alternate Capital Association Conclave 2025 in Mumbai as saying this week.
Of course, PE Hub readers already knew that private equity is bullish on the country. Reporter Irien Joseph took an in-depth look at Indian private equity in this feature from November, which includes comment from Akshay Tanna, partner and head of India private equity at KKR, Hari Gopalakrishnan, head of private capital India and global co-head of services at EQT, and Amit Dixit, a senior managing director and Asia head for Blackstone Private Equity.
Right, that’s it from me today. Rafael Canton is on US duty later today and Nina Lindholm will be in the Europe chair tomorrow.
Cheers,
Craig
Read the full Wire commentary on PE Hub ...
