The UK-listed firm has hired leveraged finance veteran Rob Reynolds to lead its credit-focused fund.
2 min read · 06 January 2013
A switch to a ‘first-inventor-to-file’ system, versus the existing ‘first-to-invent’ practice, means GPs need to be on the ball when it comes to portfolio companies applying for patents.
2 min read · 06 January 2013
Up to £2.3trn of assets could be ‘ring-fenced’ from bank’s riskier wholesale investment functions, including loans to private equity firms.
1 min read · 06 January 2013
A widened US court case against some of the buyout industry’s biggest names is raising questions over the legality of joint-bidding.
2 min read · 06 January 2013
Spain’s private equity community is anticipating a more business-friendly government as the conservative People's Party is expected to dethrone the Socialists from power in November.
2 min read · 06 January 2013
Private equity managers can strategically execute “Material Adverse Change” clauses to renegotiate deals in their favour – though doing so brings significant reputational risk.
3 min read · 06 January 2013
US regulators have charged two Florida men with duping more than 100 investors into a Ponzi scheme disguised as private equity funds, one of which was known as the 'Safe Harbor Private Equity Fund'.
2 min read · 06 January 2013
Brazilian managers have been employing unique fund terms to appease the crowd of investors eager to take stakes in the country, according to Debevoise & Plimpton partners Erica Berthou (pictured) and Peter Furci.
3 min read · 06 January 2013
Non-EU fund managers have been provided a brief window to submit their feedback on how EU regulators are proposing to supervise their access to EU institutional investors.
2 min read · 06 January 2013
Following much demur from the buyout industry, the Australian government has released draft legislation addressing tax uncertainties, although they are unlikely to fully appease GPs.
2 min read · 06 January 2013