James Taylor

NBGI makes four times return on sandwich sale(2)

NBGI Private Equity has benefited from Duke Street’s attempts to consolidate the chilled foods sector, making a sizeable return on the £22 million sale of Brambles Foods to Food Partners.

EMI confirms fresh Warner approach(2)

EMI, the struggling music group previously targeted by buyout firm Permira, confirmed this morning that rival Warner Music has made a fresh approach to buy the business, as the company again finds itself the target of bid speculation.

TRG targets under-performing buyout funds(2)

Specialist restructuring advisor TRG has launched a new division that will help private equity firms make better returns from under-performing funds.

Industry backs BVCA transparency initiative(2)

The UK trade body has launched a working group, to be chaired by City grandee Sir David Walker, which will look at how the industry can become more transparent. The initiative has been backed by most of the UK’s biggest buyout firms.

Welcome Break set for £300m refinancing(2)

The UK motorway service station chain will continue its gradual recovery and yield a solid return for its backer Investcorp when it completes a £300 million recapitalisation this week.

Gates seals Four Seasons deal(2)

Bill Gates and Saudi Prince Alwaleed Bin Talal have backed a $3.8 billion take-private of Four Seasons, a chain of 74 luxury hotels.

Glenalta founders quit for Capital Dynamics(2)

Andrew Beaton and David Smith, the two founding partners of independent firm Glenalta Capital, have joined Capital Dynamics as the Swiss asset manager looks to strengthen its co-investment offering.

Aggreko head: buyout firms do not pay enough tax(2)

Rupert Soames, who built UK-based Aggreko into a global company, has become the latest high-profile industry figure to criticise private equity.

Sale on at New Look(2)

Permira and Apax could be set for a substantial return if New Look, the UK clothing retailer, goes ahead with a £2 billion secondary buyout or flotation.

Balls untroubled by private equity row(2)

Ed Balls, a key ally of UK Chancellor Gordon Brown, has played down fears over the role of private equity in the UK economy, but encouraged calls for greater transparency.