Billed as the largest FMCG buyout in Sub-Saharan Africa outside South Africa, the deal brings the total invested by the firm on the continent to $2.2bn.
2 min read · 20 September 2013
The departures of David Whileman and Tomas Ekman, managing directors in charge of 3i’s UK and Nordic operations, come after a year of intense restructuring for the firm.
2 min read · 20 September 2013
The account, the second such vehicle created by the fund of funds in recent months, will invest across an array of nine alternative asset classes.
2 min read · 20 September 2013
Chairmen appointed by private equity owners post-acquisition should focus on building relationships with management, serial chairman Hamdi Conger said at today’s PEI Operating Partners Forum in London.
3 min read · 20 September 2013
The UK firm has sold the €250m French calibration business to AXA Private Equity, the latest of a spate of exits it has achieved since the beginning of the year.
2 min read · 20 September 2013
The UK firm has made a fourth investment from its Fund V, which it topped up with €300m last week.
2 min read · 20 September 2013
While the ESG ‘expectation gap’ between LPs and GPs is gradually narrowing, better reporting can accelerate dialogue, said panellists at PEI’s Responsible Investment Forum this week
3 min read · 20 September 2013
The UK lender is in discussions to divest its buyout arm, the latest effort by a major bank to adjust to leaner times by refocusing on its core operations.
1 min read · 20 September 2013
The flotation plans, due to value the property group at up to €11bn, come amid rising expectations that the UK firm will return to the fundraising trail later this year.
2 min read · 20 September 2013
Fewer firms plan to raise capital this year, according to fresh research, which also found that nearly half of them plan to offer deal-by-deal fund structures this year.
2 min read · 20 September 2013