TVtrip, a website that allows users to do virtual video tours of hotels, has attracted €3.5 million of backing from venture firms Balderton Capital and Partech International.
1 min read · 04 January 2013
The European venture firm has increased its investment in Xanadu Wireless, a Dutch semiconductor business that is looking to revolutionise the wireless sensor market.
2 min read · 04 January 2013
TVtrip, a website that allows users to do virtual video tours of hotels, has attracted €3.5 million of backing from venture firms Balderton Capital and Partech International.
1 min read · 04 January 2013
Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
2 min read · 04 January 2013
Sovereign Capital has continued its buy-and-build strategy for Kinetics Group, the maintenance business it created earlier this year, with the £7.25 million bolt-on acquisition of gas maintenance company TA Horn.
1 min read · 04 January 2013
Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
2 min read · 04 January 2013
The three buyout firms behind last week’s merger of UK companies the AA and Saga have moved to address concerns about a lack of transparency by releasing additional financial details of the £6.15 billion deal.
2 min read · 04 January 2013
Harriet Harman, the wife of trade union boss Jack Dromey, has been elected deputy leader of the UK Labour Party, just days after her husband led the criticism of the private equity industry at a government enquiry.
2 min read · 04 January 2013
The French listed buyout firm is in pole position to win the auction for Elis, a French textile business, after revealing that it has entered exclusive negotiations to buy the business from rival PAI Partners.
1 min read · 04 January 2013
Guy Hands, chief executive of Terra Firma and one of the UK private equity industry’s most forthright advocates, has defended the current tax treatment of carried interest. He believes it is right to distinguish it from other types of remuneration, since it rewards “long-term capital investment” by buyout executives.
2 min read · 04 January 2013
