CVC has missed the €12.1bn target for its fifth European buyout fund in a tough environment that has seen several firms slash targets on new and existing funds. The UK-headquartered firm is also reported to be among private equity firms looking to part-privatise UK Royal Mail.
2 min read · 05 January 2013
The Electra Investment spin-out is feeling the effects of the credit crunch as it talks with banks about restructuring two of its European portfolio companies.
1 min read · 05 January 2013
German private equity firm Afinum has bought equity in freight carrier Wallenborn Transport, intending to aid its pan-European expansion. The deal is reportedly valued at between €25m and €50m.
1 min read · 05 January 2013
Investor AB has said ‘an exceptional year’ characterised by ‘market declines of a magnitude not seen since the 1930s,’ were among reasons it disappointed shareholders for a second straight year with ‘unsatisfactory’ returns.
2 min read · 05 January 2013
The Italian mid-market private equity house has overreached its fundraising target by €40m despite the tough fundraising environment.
1 min read · 05 January 2013
The European private equity firm has departed from the traditional 2% management fee structure, opting to take 1.75% for managing its latest fund.
1 min read · 05 January 2013
The New York-based private equity firm is reportedly on the brink of making up to 27 of its 275 employees redundant.
1 min read · 05 January 2013
The first European-based private equity firm dedicated to healthcare has completed its first two deals. The value of the deals has been estimated at €100m.
1 min read · 05 January 2013
A recent study by BVCA analysed the performance of private equity-owned portfolio companies in the UK and found that they achieved 330% higher returns than the public equivalents. The report includes household names such as Alliance Boots, New Look, Thames Water and Weetabix.
2 min read · 05 January 2013
The European buyout firm has sold its stake in Jaybeam Wireless, a manufacturer of cellular antennas in the same week it made a €3.5m capital contribution to Buffet Crampon, a manufacturer of musical instruments.
2 min read · 05 January 2013
