Under increasing pressure to attract capital, GPs have acceded to investor demands for more transparency and lower fees, according to a global survey from fund administrator SEI.
2 min read · 06 January 2013
Clayton Dubilier & Rice has reportedly bid for Greencore, food supplier to supermarkets such as Tesco. It comes six months after it hired ex-Tesco head Terry Leahy (pictured) as an advisor.
2 min read · 06 January 2013
Financial development institution CDC Group has appointed Diana Noble as its chief executive, tasked with overseeing the group’s new investment strategy announced earlier this year.
2 min read · 06 January 2013
Dubai-based investment bank SHUAA Capital has stopped investing from its two private equity funds and has no current plans to raise a new fund.
2 min read · 06 January 2013
Company managers believe private equity has improved or kept stable performance at their businesses, according to a BDO survey, although a quarter of respondents said their capital structure was inappropriate for the current environment.
2 min read · 06 January 2013
Georges Sudarskis, founder of Sudarskis & Partners, criticised astronomic management fees in an interview with PEI’s editorial director Philip Borel at PEI's Emerging Markets Forum.
2 min read · 06 January 2013
The power struggle between a GP’s central office and its on-the-ground representatives is the greatest challenge for firms investing in emerging markets, according to panellists at the PEI Emerging Markets Forum.
2 min read · 06 January 2013
Financial development institution CDC is the anchor investor in a new fund dedicated to India’s eight poorest states. The Pragati Venture and Incubator Fund is the first ever to concentrate on the country’s poorest areas.
2 min read · 06 January 2013
Emerging Capital Partners has invested $32m in Africa’s telecoms sector, hoping to capitalise on a growing population and increasing consumerism in the region.
2 min read · 06 January 2013
UK-based Matrix and alternative asset manager Foresight Group have generated a 32x return on their investment in software company App-DNA, which was spun-out from one of its other portfolio companies.
2 min read · 06 January 2013