James Burdett, head of investment funds at Baker & McKenzie, explains how sovereign wealth funds differ from traditional LPs – and what their increasingly active role in private equity means for the industry.
5 min read · 20 September 2013
The last exit by the firm’s Fund III, which brings the overall performance of the 12-year old vehicle to 3.3x, comes as the French GP continues raising a €3bn fund.
2 min read · 20 September 2013
The European firm has hired advisors to sell Europe’s largest cinema chain, in a transaction likely to value the business at more than £1bn.
2 min read · 20 September 2013
The continent’s weakest countries are not yet nearing the end of their economic travails, says Silverfleet’s Neil MacDougall, leading the region to post its third-worst quarter of private equity deal volume since 2008.
2 min read · 20 September 2013
The private investment manager is expanding further still, as it integrates Milan-based fund manager Perennius.
2 min read · 20 September 2013
The Swedish GP will replace managing partner Christian Sievert (pictured) with founder Gabriel Urwitz as part of a reshuffle that will also see Lennart Ribohn become chairman of the firm.
1 min read · 20 September 2013
The sale of Uganda’s fifth largest bank, which started as a DFI to become a fully-fledged corporate and retail lender, values the company at nearly $100m.
3 min read · 20 September 2013
The binding offer by BC Partners values the animal tags business at more than $1.3bn, completing an auction process that had attracted interests from a long list of private equity firms.
2 min read · 20 September 2013
The appointment of six dedicated investment professionals, headed by former Petroplus co-founder Marcel van Poecke, paves the way for a $1.5bn energy-focused vehicle.
2 min read · 20 September 2013
The Alberta-based pension system, which aims to shift all its private equity activity to direct investments, is the latest Canadian pension to set up shop in the UK.
2 min read · 20 September 2013