Good morning, Hubsters. MK Flynn here on the Wire. PE Hub’s team is growing! Today, Craig McGlashan joins as editor of our coverage in Europe. Based in London, Craig has covered several markets and industries in his 15 years as a financial journalist, but the bulk of that time was editing and reporting on the public sector bond markets. He’s also written about far more niche subjects, such as private medium-term notes and securities lending. “It's hard to pick a more exciting time to join PE Hub, given the amount of capital that PE firms have ready to deploy in Europe – including a potential bid for my former employer Euromoney Institutional Investor,” Craig said. “But more generally, the PE market fascinates me in particular because every deal is unique, which creates such a rich environment for reporting.” As for life outside work, Craig said, “For fun, I like writing short stories and playing and writing music. A fun fact is that, although I can play the trombone, bass guitar and bagpipes, I can’t do all three at the same time.” As we expand our coverage of PE-backed deals in Europe, Craig is leading a team that includes Nina Lindholm, who joined us recently as a reporter in the UK. Nina, who is originally from Finland and is now based in Cardiff, was most recently a reporter at With Intelligence, where she covered the Nordics and wrote about LPs’ intentions within the alternative asset classes. As for off-duty activities, Nina said, “I’ve been preparing to run a 100km trail race in Finnish Lapland in July, but due to an injury I may have to drop out.” Hopefully, Nina’s injury will heal in time for the race! Also on the UK team is assistant reporter David Wansboro, based in Cardiff. David joined PE Hub back in April. Previously, he was a senior investment researcher at With Intelligence. In the past, he’s held a variety of positions, including chef. David said, “In my spare time, I like to suffer in the gym and make other people suffer with how badly I speak Italian (I'm learning!). Mercifully I can make it up to them with my cooking!” Please join me in welcoming Craig, Nina and David to the team! And send them tips and insights on PE deals in Europe. Here are their email addresses: • Craig McGlashan, Editor: craig.m@peimedia.com • Nina Lindholm, Reporter: nina.l@peimedia.com • David Wansboro, Assistant Reporter: david.wansboro@peimedia.com Driving the global economy. A great example of the coverage the Europe team is producing can be found in Nina’s story, out today, about Lovell Minnick Partners’ acquisition of wealth manager London & Capital. The transaction is expected to close in the fourth quarter. Nina spoke with Spencer Hoffman, partner, LMP; and Guy McGlashan, CEO, London & Capital, to get both firms’ perspectives on the deal. “We think it’s always a good time to invest in financial services, since it drives the global economy,” Hoffman said. “It has long-term, secular tailwinds that we think are a great investment opportunity for firms like us.” For more, see Nina’s story. Must read. Before I sign off for today, I want to pass along some advice from David Rubenstein, co-founder and non-exec chairman of Carlyle Group. Rubenstein shared his 10-step guide to fund due diligence at a recent event in Zurich, hosted by his daughter Ellie Rubenstein’s private equity firm Manna Tree. Toby Mitchenall, the editor of New Private Markets, shared all 10 steps. That’s all for now. Buyouts’ Chris Witkowsky writes the Wire on Wednesdays, so I’ll see you back here on Thursday. All the best until then, MK Read the full wire commentary on PE Hub ... | 