James Taylor

CD&R sells Brakes to Bain for £1.3bn(3)

US buyout firm Bain Capital has won the race to buy Brake Bros, a UK food distribution business, from Clayton Dubilier & Rice, in a deal thought to be worth about £1.3 billion.

LSE launches specialist alternative fund market(2)

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.

3i strengthens CEE buyout team

3i has recruited Andrzej Szostak from Rothschild Group to lead its deal activity in Poland, as it continues to commit more resource to buyouts in central and eastern Europe.

Myners recommends light touch but backs tax change(3)

City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.

NBGI makes second big exit this week(2)

UK firm NBGI Private Equity has completed a second lucrative exit in two days, this time via the public markets. The flotation of UK-based Superglass means the firm continues to reward investors in its 2000 vintage debut fund with big returns.

LSE launches specialist alternative fund market

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.

Clifford Chance adds to Asia private equity legal team

International law firm Clifford Chance has hired a private equity specialist from Boston to boost its Asian team in Hong Kong.

Buyout groups create €10bn European broadcast giant(3)

Buyout firms Kohlberg Kravis Roberts and Permira have been given the go-ahead to complete the merger of their portfolio companies ProSiebenSat.1 and SBS Broadcasting, which is likely to realise a strong return for the two firms.

Esprit provides extra backing for Xanadu(2)

The European venture firm has increased its investment in Xanadu Wireless, a Dutch semiconductor business that is looking to revolutionise the wireless sensor market.

NBGI makes second big exit this week

UK firm NBGI Private Equity has completed a second lucrative exit in two days, this time via the public markets. The flotation of UK-based Superglass means the firm continues to reward investors in its 2000 vintage debut fund with big returns.