The US-based media and communications buyout specialist has revealed plans to open a second US office and its first Asian outpost, hiring two senior figures to spearhead its efforts.
2 min read · 04 January 2013
The UK Treasury Select Committee, which has been investigating private equity all summer, has published its initial findings – and concluded that a closer investigation is required of the industry’s tax treatment, use of leverage, and attempts to improve transparency.
3 min read · 04 January 2013
Jamie Dimon of JP Morgan has hit out at the proliferation of equity bridge facilities used on large buyout deals, suggesting that they are not good for the lending banks or the private equity sponsors.
2 min read · 04 January 2013
The US-based media and communications buyout specialist has revealed plans to open a second US office and its first Asian outpost, hiring two senior figures to spearhead its efforts.
2 min read · 04 January 2013
The JC Flowers-led consortium trying to buy US lender SLM Corp for $26 billion threatened to pull its bid yesterday, knocking almost 10 percent off the share price, as US lawmakers proposed a bill to slash student loan subsidies.
2 min read · 04 January 2013
The European buyout arm of US bank Greenhill has joined forces with UK fund manager JO Hambro for its first deal since closing a £106 million fund this year. The pair have bought UK snooker club operator Rileys.
2 min read · 04 January 2013
Buyout firm NBGI Private Equity has held a first close on its second fund, as it looks to repeat the success it has enjoyed with the fund’s predecessor.
1 min read · 04 January 2013
Ian Armitage, chief executive of UK buyout firm HgCapital, is moving upstairs to become chairman in a reshuffle that will see TMT head Nic Humphries promoted into the top job. There have also been seven other promotions as the firm looks to reward its up-and-coming talent.
2 min read · 04 January 2013
Milestone Capital Partners looks to have completed the latest in a string of successful exits after agreeing to sell its stake in data room business IX Europe – just weeks after selling port terminal operation Nordic Limited to Forth Ports for a four times return.
2 min read · 04 January 2013
The European buyout arm of US bank Greenhill has joined forces with UK fund manager JO Hambro for its first deal since closing a £106 million fund this year. The pair have bought UK snooker club operator Rileys.
2 min read · 04 January 2013