As private equity bidders continue to circle some of the UK’s biggest retail names, employees may be forgiven for feeling confused about how safe their jobs will be under private equity ownership. James Taylor explains.
4 min read · 03 January 2013
August Equity and Rutland Partners are relinquishing control of their listed trusts to New Star Asset Management, as the UK-based group looks to invest in private equity through a new fund of funds vehicle.
2 min read · 03 January 2013
TA Associates, a Boston-based private equity firm, has bought an undisclosed stake in fund of hedge funds K2 Advisors, in the latest example of convergence between the two alternative asset classes.
2 min read · 03 January 2013
Kohlberg Kravis Roberts may yet face some serious competition for UK health and beauty chain Alliance Boots, after reports that Terra Firma and the Wellcome Trust are planning a rival bid.
1 min read · 03 January 2013
Carlyle Group co-founder David Rubenstein has warned that recent initiatives to improve transparency in private equity will never completely appease the industry’s critics, and suggested that a re-branding exercise may be necessary.
2 min read · 03 January 2013
Esprit Capital Partners, a technology-focused venture firm, will lead the latest $20 million funding round for ZBD, a QinetiQ spin-out that makes electronic labels for retailers.
2 min read · 03 January 2013
The listed Paris-based private equity group has wrapped up €500m in commitments for its first vehicle for third-party investors.
1 min read · 03 January 2013
UK-based secondaries specialist Coller Capital has bought a 45 percent stake in a new independent venture fund launched by Shell, which will develop non-proprietary technologies.
1 min read · 03 January 2013
Cerberus Capital Management, a US alternative asset manager, is set to back an $8.2 billion take-private of Affiliated Computer Services, a scandal-hit US IT outsourcing company that rejected a similar offer from a private equity consortium last year.
2 min read · 03 January 2013
Swiss advisory firm Axon Partners has made two senior hires as it looks to bolster its placement and investor relations teams.
1 min read · 03 January 2013
