Luxembourg-based Genii Capital has submitted a stalking horse bid to buy the 70-year-old photography brand. Polaroid filed for bankruptcy in December last year, following fraud investigations into its parent company Petters Group Worldwide.
2 min read · 05 January 2013
The findings come from a new survey of 155 private equity institutions and banks which has been conducted by investment bank Jefferies.
2 min read · 05 January 2013
The UK-quoted investment firm has suffered a ‘marked deterioration’ in a number of ‘weaker assets’ since September.
2 min read · 05 January 2013
The fund has been raised to promote the regional development of the North East region of the UK. It will be created by One NorthEast with help from a European Union initiative.
1 min read · 05 January 2013
A survey of 30 European private equity professionals reveals that more than half of respondents expect to restructure one or more of their portfolio companies in the next 12 months.
3 min read · 05 January 2013
Ethos Private Equity and Old Mutual Private Equity have invested in the African Northern Cape-based lime and calcium processing plant Idwala Industrial, for a reported 44 % stake. The deal represented an exit for the Tisco Group and RMB Ventures.
1 min read · 05 January 2013
The European IT-focused venture capital firm has grown its team as it looks to deploy Fund III.
1 min read · 05 January 2013
The Geneva-based hedge fund and private equity fund manager hopes to take advantage of bargains in the secondary and sustainable energy spheres with two new vehicles.
2 min read · 05 January 2013
The first such fund raised by the Swiss alternative fund manager was targeting a $400m final close.
1 min read · 05 January 2013
3i veteran Michael Queen will now steer the firm, whose top 50 investments lost £682m in the past nine months. Last year, 3i invested a total of £841m, down dramatically from the £1.8bn the prior year. 3i's share price has plummeted in recent months, this morning losing nearly 4%, giving it a £941m market capitalisation.
2 min read · 05 January 2013
