The decision by the Boston-headquartered firm – which opened its Istanbul outpost in 2010 – underlines the immediate challenges facing the market, says Deloitte’s Mehmet Sami.
3 min read · 21 September 2013
Morgan Stanley executive Barry Kenneth will oversee investments for the UK’s £13bn Pension Protection Fund, which allocates 20% to alternative assets.
2 min read · 21 September 2013
The listed fund of funds – whose recent commitments include funds from Advent, IK, Charterhouse and Towerbrook – recorded a slow-down in distributions and capital calls in the fourth quarter.
2 min read · 21 September 2013
The French firm’s 2012 annual results, released Wednesday, revealed an increase in investment capacity to more than €1bn and a continued acceleration in portfolio rotation.
3 min read · 21 September 2013
The Paris-based fund of funds has expanded its investment team to include executives with direct deal experience in a bid to respond to increased LP demand for co-investment exposure.
2 min read · 21 September 2013
As it approaches a first close around the €2bn mark, Permira has cut its final target for Fund V to between €4bn and €5bn.
2 min read · 21 September 2013
A report suggests secondary buyouts actually deliver better returns than primary deals, with less risk. But M&A activity is crucial – and that’s not easy at the moment
3 min read · 21 September 2013
The firm, which acquired the music rights management company in 2009, has sold its stake to media conglomerate and co-owner Bertelsmann.
2 min read · 21 September 2013
The music recognition mobile app developer, which counts Kleiner Perkins Caufield Byers and Institutional Venture Partners as investors, could seek a public listing as early as next year.
2 min read · 20 September 2013
The turnaround specialist is to invest £40m in the courier company, whose fortunes are said to be slowly recovering after five years of significant losses.
2 min read · 20 September 2013