Ten year private equity returns have nearly doubled those of pension assets and public markets, according to a survey, with 2002 and 2004 allegedly the best vintages of the post-dotcom bubble era.
2 min read · 20 September 2013
The mid-market firm’s takeover of Trustmarque, bought from UK-based LDC, comes as it nears a final close for its latest vehicle.
1 min read · 20 September 2013
The succession plans, laid out as PAI raises a €3bn fund, will see the firm’s investment head take on the top role halfway through the vehicle’s investment period.
2 min read · 20 September 2013
MIR Capital, a buyout fund jointly created last year by Gazprombank and Intesa Sanpaolo, aims to deploy €300m within the next five years.
2 min read · 20 September 2013
The London listing, which values the insurance group at £1.54bn, will bring more than £300m in proceeds to the UK private equity firm.
2 min read · 20 September 2013
The UK lender has hired former Lyceum Capital executive Grant Davidson as it targets the dearth of lenders for lower mid-market private equity businesses.
2 min read · 20 September 2013
The German forklift giant is planning a listing this summer, which could value the company at up to €5bn.
2 min read · 20 September 2013
UK companies delisted by private equity groups see their productivity drop after being bought out, according to fresh research, suggesting that cost-cutting efforts generally fail to generate efficiency gains.
2 min read · 20 September 2013
HarbourVest’s listed vehicle is to distribute more cash to shareholders in the next two years, after a 12-month period in which its share price jumped by over a third.
2 min read · 20 September 2013
A boost in refinancings saw the UK private equity market raise €7.4bn of debt in the first half of 2013 – up 73% on last year – while Q2 remained the second highest quarter on record for European high-yield bond issuance.
2 min read · 19 September 2013