Private equity firm Avista Capital Partners has created Avista Capital Europe as part of its strategy to expand its European presence. Avista Capital Europe will be based in London and the firm has recruited a team of private equity professionals, Newton Aguiar, Allen Yurko, and Kunal Pandit, to form the Avista office there. Each of Avista’s new European team members come from DLJ Merchant Banking Partners, Credit Suisse’s private equity arm, from which Avista spun out in 2005.