Andy Thomson is a Senior Editor at PEI with responsibility for Private Debt Investor, the leading title focused on the world's private debt markets. Andy works closely with team members in London, New York and Hong Kong. He has been with PEI for many years, having worked previously on Private Equity International and Infrastructure Investor.
Buyout firms Cinven and Investcorp appear to have arrived at a novel way of funding a portfolio company’s pension shortfall – selling one of its subsidiaries.
1 min read · 30 December 2012
The concept of alignment of interest – the bedrock of the LP/GP relationship – appears to be under threat according to the findings of a new survey.
2 min read · 30 December 2012
China Gas, the Hong Kong-listed piped gas distributor, has pulled in financing from foreign investment groups to develop natural gas projects in China.
2 min read · 30 December 2012
When it was revealed that the head of US broker Refco had allegedly concealed $430m of debt, one question that needed answering was whether investors in the firm should have known more about goings-on behind the scenes. Andy Thomson asks a corporate governance specialist about the lessons for private equity.
3 min read · 30 December 2012
US restructuring specialist WL Ross & Co is targeting Indian corporate restructurings and turnarounds, having teamed with a local mortgage finance group.
2 min read · 30 December 2012
The Russian investment bank and Asian investment company have teamed up to establish the Russia New Growth Fund with commitments of $150m.
2 min read · 30 December 2012
Terra Firma Capital Partners is set to sign terms to acquire German property group Viterra for €7 billion in Europe’s largest private equity deal to date.
2 min read · 30 December 2012
The US buyout outfit has completed what is believed to be the first acquisition of a controlling interest in a former Chinese state-owned enterprise by a private equity firm.
2 min read · 30 December 2012
