Phoenix Equity Partners, a UK mid-market private equity firm, hopes to build its presence in the north of England after recruiting John Rastrick from 3i to launch a Leeds office.
1 min read · 04 January 2013
Texas Pacific Group is reportedly mulling a bid for Italian airline Alitalia, amid indications that investors may be losing confidence in its Qantas deal.
2 min read · 04 January 2013
US real estate trust Vornado has reportedly joined the consortium mulling a counter-bid for Equity Office.
1 min read · 04 January 2013
Deutsche Bank’s asset management arm has continued the reorganisation of its alternative investments platform by taking a small stake in Aldus Equity, a US-based private equity investment and advisory firm.
1 min read · 04 January 2013
Private equity has come under fire at the World Economic Forum in Davos, as trade unionists have used the event to condemn the “corporate greed” behind the industry.
2 min read · 04 January 2013
Investcorp looks to bounce back from Polestar setback with a strong return from German car park operator Apcoa.
1 min read · 04 January 2013
Apax Partners has enjoyed a return of more than ten times its investment after selling Swedish healthcare business Mölnlycke to Investor and Morgan Stanley.
2 min read · 04 January 2013
Mark Barrow, head of Close Brothers’ private equity coverage team, has left the bank to take a similar role at Dresdner Kleinwort.
2 min read · 04 January 2013
Fundraising could reach a record $500 billion in 2007, setting yet another new record after last year’s all time high.
2 min read · 04 January 2013
Countrywide postpones shareholder vote to give 3i more time to canvass support.
2 min read · 04 January 2013