Matthieu Favas is the editor of Agri Investor. He was previously the web editor of Infrastructure Investor, where he started in 2013 after a year as a reporter at Private Equity International. Prior to joining PEI he spent four years in the wine industry in London, Spain and Mongolia.
Natixis Private Equity, the buyout arm of French lender Natixis, just acquired Swiss-based Euro PE. At a time when most banks are retreating from the asset class, chief executive Dominique Sabassier explains why private equity remains an integral part of Natixis’ strategy.
3 min read · 19 September 2013
The luxury fashion brand is the third UK private equity-backed retailer to collapse in recent weeks.
2 min read · 19 September 2013
The French venture firm has sold the cross-channel marketing business to Adobe for €600m, having provided three rounds of funding over an 11-year period.
2 min read · 19 September 2013
The US firm has bought the packaging business from Irving Place and Oaktree, four years after the company filed for bankruptcy.
1 min read · 19 September 2013
Thanks to a buoyant high-yield market, the overall refinancing burden of unrated PE-backed companies has largely decreased – but the weakest borrowers remain highly vulnerable, says the rating agency.
2 min read · 19 September 2013
The educational publisher, acquired by Apax and OMERS for $7.7bn in 2007, has entered bankruptcy protection to eliminate $4bn of its $5.8bn outstanding debt - just ten days after Apax closed its new buyout fund.
2 min read · 19 September 2013
The firm, which plans to top its Fund II with £250m over the next few weeks, has distributed £26.5m from its first vehicle back to investors since the beginning of the year.
2 min read · 19 September 2013
Open debt markets have allowed PE-backed companies to refinance £7.6bn worth of loans so far this year, according to fresh research, in a period that has also seen a marked revival of the IPO market.
2 min read · 19 September 2013
Investors believe private equity has proven its concept, according to Coller’s latest LP survey. But hostility to the asset class may now be coming from unexpected quarters.
3 min read · 19 September 2013
Large US pensions aren’t the only ones keen on multi-asset class separate accounts – as illustrated by the mandates recently won by LGT.
2 min read · 19 September 2013
