Julian Horn-Smith, a founding member of Vodafone, will advise the private equity firm on its telecoms, media and technology deals as it deploys its freshly closed €11bn fund.
1 min read · 05 January 2013
A $25m private equity fund formed by a group of Native American tribes, including the Colusa Indian Tribe and the Rincon Indian Tribe, has made its debut investment into a Californian card manufacturer.
2 min read · 05 January 2013
UK private equity firm Graphite Capital has again backed the team which helped it receive 6 times its investment on LS Group in 2005 by acquiring a timber window maker called Performance Window Group. The firm hopes to use the investment to fund future add-ons within the building materials sector.
2 min read · 05 January 2013
Meb Somani and Peter Ruxton have left the emerging markets firm as it realigns its strategy to focus less on oil, gas and mining and more on consumer, financial services and industrials.
2 min read · 05 January 2013
The British Private Equity and Venture Capital Association is the latest to jump on the green investing bandwagon, having formed a group to promote cleantech investment. Last week KKR touted its green accomplishments at the portfolio company level.
2 min read · 05 January 2013
The French mid-market private equity firm has hired former Finama Private Equity investment officer Jacques Rossignol and former French government investment manager Xavier Payet. The additions bring its investment team to 13.
1 min read · 05 January 2013
The value of deals in the Continental European buyout market has hit a seven year low. Research for 2008 shows it is down 60% from the €108.2bn-worth of deals done in 2007, due largely to the scarcity of debt and disappearance of mega-deals.
2 min read · 05 January 2013
Florida-headquartered Sun Capital Partners has disbanded its Tokyo office making 8 redundancies following a decision to move away from platform opportunities in Asia. The company will retain its one Japanese portfolio company, gelatine dessert maker Tarami.
1 min read · 05 January 2013
Last year the firm raised $10bn for two tandem real estate and distressed investment funds. This year it aims to double the dry powder with two similarly inclined vehicles.
1 min read · 05 January 2013
Michael Queen will steer the private equity firm following Philip Yea's resignation from the top spot. 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
