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
Alliance Boots chairman Sir Nigel Rudd thinks the UK Pensions Regulator should be allowed to decide the appropriate level of funding for the pension schemes of companies involved in buyout deals.
2 min read · 04 January 2013
Candover has agreed to pay €1.5 billion to buy Stork, a Dutch industrial conglomerate that has been involved in a long-running battle over strategy with the two hedge funds that are its biggest shareholders.
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
Sir David Walker, the man who has been tasked with improving transparency in UK private equity, has defended his independent status to the Treasury Select Committee and outlined some of the specific guidelines he intends to recommend to the industry.
2 min read · 04 January 2013
A leading pensions expert has defended London-listed Electra Private Equity, after the listed trust became the latest target for activist trade unions following a reduction in pension benefits for ex-employees of its portfolio company Lil-lets.
2 min read · 04 January 2013
Sir David Walker, the man who has been tasked with improving transparency in UK private equity, has defended his independent status to the Treasury Select Committee and outlined some of the specific guidelines he intends to recommend to the industry.
2 min read · 04 January 2013
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.
2 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
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
