Wellcome Trust, an independent charity funding research into human and animal health, will increase spending by 17 percent following returns of 16 percent in the trust’s alternative investments portfolio for the last three years.
1 min read · 11 January 2013
Eurazeo has cancelled plans for an initial public offering of truck rental business Fraikin and is selling the company to CVC Capital while reinvesting $60 million in the new entity.
2 min read · 11 January 2013
Europe’s biggest pension fund will make its first investments in private equity and real estate, following recommendations from Norges Bank regarding the investment strategy of the fund.
2 min read · 11 January 2013
Gilde Buy Out Partners is buying Groupe Novasep for €425 million, after materials business Rockwood Holding grew the company after a merger in 2004.
2 min read · 11 January 2013
Analysts Moody’s Investors Services highlights that a debt issuer rated one category below investment grade will double its default risk when acquired by a private equity sponsor.
2 min read · 11 January 2013
The ratings agency says infrastructure is overvalued, blaming private equity interest in the sector and cheap financing.
2 min read · 11 January 2013
In the last two months four private equity funds have blown through their hard caps, which, Helix Associates’ Ian Simpson says, demonstrates general partners’ growing weakness to the smell of money.
3 min read · 11 January 2013
Argus Capital Partners, an eastern European private equity fund, has exceeded the hard cap on its second fund and will make the fund’s first investment in a Polish manufacturer.
2 min read · 11 January 2013
According to Private Equity Real Estate, the supersized war chest points to the continued influence of private equity firms on real estate around the world.
2 min read · 11 January 2013
Close Brothers Private Equity has made its eighth investment from its latest fund, through the management buyout of the assayers arm of commodity inspectors Alex Stewart.
2 min read · 11 January 2013
