Sir Ronald Cohen, Apax Partners founder and a confidant of future UK prime minister Gordon Brown, has called for a review of the tax paid by partners at large buyout firms, but not at smaller firms like his own Bridges Ventures.
2 min read · 04 January 2013
The AMF is reportedly investigating possible instances where hedge funds have colluded with private equity funds to force listed companies into buyouts, as the industry continues to come under greater political scrutiny across Europe.
2 min read · 04 January 2013
HgCapital’s Ben Hewetson, the head of the mid-market firm’s leisure team, is leaving in the next few weeks. The departure follows Hg’s decision to merge his team with Richard Matthews’ consumer team six months ago.
2 min read · 04 January 2013
HgCapital’s Ben Hewetson, the head of the mid-market firm’s leisure team, is leaving in the next few weeks. The departure follows Hg’s decision to merge his team with Richard Matthews’ consumer team six months ago.
2 min read · 04 January 2013
European investment group AXA Private Equity has closed a $2.9 billion global secondaries fund. The fund is almost three times bigger than its previous offering, and will look to complete up to 18 deals over the next three years.
3 min read · 04 January 2013
Fund of funds manager Adveq is opening its first office outside Europe. The Swiss firm has hired two US private equity investment veterans to lead a new office in New York, as it looks to strengthen relationships with US fund managers.
2 min read · 04 January 2013
The UK-based private equity group has formally launched its €2.4 billion offer for music company EMI, soon after closing its biggest ever fund. The offer also sets a deadline for any competing bids.
1 min read · 04 January 2013
August Equity has sold InterMed Holdings, an anaesthesia equipment maker, to US healthcare specialist Altaris Capital Partners. The UK mid-market firm has been able to revive the fortunes of the company after a difficult start to its period of ownership.
2 min read · 04 January 2013
Royal Bank of Scotland’s private equity arm has put Southern Water up for sale with a price tag of about £4 billion. The UK utility is likely to attract a number of potential suitors.
2 min read · 04 January 2013
US buyout firm Great Hill has taken an undisclosed stake in a US consulting business, amid growing demand for business and financial advisory services.
2 min read · 04 January 2013
