GlobeOp Financial Services, a hedge fund administration business backed by US private equity group TA Associates, has been forced to cancel flotation plans after being hit by a $500 million lawsuit from a disaffected former hedge fund client.
2 min read · 04 January 2013
CAM Private Equity, the German fund of funds manager that has been expanding its activities recently, plans to start diversifying in other alternative asset classes after gaining private bank Sal. Oppenheim as a majority shareholder.
2 min read · 04 January 2013
The German fund of funds manager will look to champion the cause of the European mid-market with a new product aimed at North American institutional investors.
1 min read · 04 January 2013
Kitty Ussher, the pro-European UK Labour MP recently appointed as minister for the City of London, has reassured business leaders that the financial services sector – and private equity in particular – will not be subjected to knee-jerk taxation or regulation.
2 min read · 04 January 2013
Richard Lambert, the head of the Confederation of British Industry, a trade body that has been attracting support from some of Europe’s large buyout firms, has criticised private equity’s public relations efforts.
2 min read · 04 January 2013
Lloyds Development Capital has made an exit from the company behind iconic hair-styling brand ghd after just 12 months, selling it to Montagu Private Equity for £160 million.
1 min read · 04 January 2013
As four more buyout bosses and two influential third parties go before the UK Treasury Select Committee, the industry hopes for a further damage limitation exercise. James Taylor reports.
4 min read · 04 January 2013
The London Stock Exchange is looking to attract alternative asset managers hoping to raise funds on the public markets, with the launch of a new market specifically designed for alternative investment fund listings.
2 min read · 04 January 2013
CAM Private Equity, the German fund of funds manager that has been expanding its activities recently, plans to start diversifying in other alternative asset classes after gaining private bank Sal. Oppenheim as a majority shareholder.
2 min read · 04 January 2013
HIG Capital, a US private equity firm with a long track record, has raised €600 million for a new fund that will target small to mid cap companies in Europe. It expects to hire as many as 30 local investment professionals by the end of the year.
2 min read · 04 January 2013
