The volume of private equity acquisitions fell in the first half of 2013 – but easier financing and more appetite for large deals should lead to a pickup in activity in the second half, according to law firm Allen & Overy.
2 min read · 19 September 2013
More than two years after seizing control of music group EMI, Citi has sold the company’s pension fund to Pension Insurance Corporation, marking the UK’s largest ever pension insurance buyout.
2 min read · 19 September 2013
The US firm will become the education provider’s third private equity owner, in a deal understood to be worth £400m.
2 min read · 19 September 2013
Investment trusts outperformed other listed assets during the first half of 2013 – and maturing portfolios and corporate activity should further shrink discounts to NAV, says broker Numis Securities.
3 min read · 19 September 2013
Private equity accounted for a higher proportion of assets managed by alternatives specialists last year, according to a new survey, with Goldman Sachs, Blackstone and TPG leading the way.
2 min read · 19 September 2013
Andrew Lebus will succeed Ian Armitage, who retired from HgCapital last year, as the chair of the listed private equity trade body.
2 min read · 19 September 2013
The Dutch biotech company is now valued at around $670 million, after its shares gained 48 percent in their first day of trading.
2 min read · 19 September 2013
The development finance specialist has hired a former IFC executive to fill the newly created role, as it seeks to accelerate its move towards direct debt and equity investing in Africa.
2 min read · 19 September 2013
The Swiss fund of funds has held a final close on its maiden vehicle, which has sought to enlist investor interest by offering a one year investment period and early distributions.
2 min read · 19 September 2013
Amid a renewed appetite for M&A, competition for quality assets is growing more intense – but readily available financing now puts buyout firms and trade bidders on a similar playing field, says law firm CMS Hasche Sigle.
2 min read · 19 September 2013