Ahead of tomorrow’s crucial Treasury Select Committee hearing, where MPs are expected to criticise the low tax rates enjoyed by the private equity industry’s biggest firms, UK mid-market groups are worried about being caught in the crossfire.
3 min read · 04 January 2013
Venture debt provider Kreos Capital has strengthened its senior team with the recruitment of Luca Colciago from Noble as a partner. The hire comes as the firm continues to invest its latest fund, which was closed in April and is being deployed at a rapid rate.
2 min read · 04 January 2013
A trade union-sponsored study has slammed the evidence cited in support of private equity’s record on job creation, one of the industry’s most commonly-used defences against accusations of asset-stripping. However, the BVCA has hit back at the claims.
2 min read · 04 January 2013
In announcing the resignation of chief executive Peter Linthwaite today, UK trade body the BVCA revealed that former head John Mackie will return in a temporary capacity while it seeks a permanent replacement. James Taylor reports on his surprising return to the front line.
3 min read · 04 January 2013
In announcing the resignation of chief executive Peter Linthwaite today, UK trade body the BVCA revealed that former head John Mackie will return in a temporary capacity while it seeks a permanent replacement. James Taylor reports on his surprising return to the front line.
3 min read · 04 January 2013
Russia Partners, a subsidiary of US firm Siguler Guff, has sold its stake in MTV Russia to local media group Prof-Media. The firm launched the channel nearly ten years ago under licence from MTV, and built an influential market share.
2 min read · 04 January 2013
Jon Symonds, chief financial officer of AstraZeneca, is leaving the pharmaceutical group to join Goldman Sachs, as the bank looks to capitalise on his high-level influence at UK companies.
2 min read · 04 January 2013
Venture debt provider Kreos Capital has strengthened its senior team with the recruitment of Luca Colciago from Noble as a partner. The hire comes as the firm continues to invest its latest fund, which was closed in April and is being deployed at a rapid rate.
2 min read · 04 January 2013
Many of the Labour MPs on the UK Treasury Select Committee believe the private equity industry needs to be more open and transparent. However, they take a very different attitude to their own Parliament.
2 min read · 04 January 2013
Many of the Labour MPs on the UK Treasury Select Committee believe the private equity industry needs to be more open and transparent. However, they take a very different attitude to their own Parliament.
2 min read · 04 January 2013