Nicole Idar Lee
The London-listed private equity investor has asked shareholders to wait until its results on 30 September before taking action, but the deal looks likely to proceed, say analysts.
Family office allocations to private equity funds rose 10% to 41% compared with a year ago, while the share of direct investing fell, according to the 2016 Global Family Office Report.
The buyout giant, which is understood to be plotting a $14bn fundraise in the first half of next year, reportedly bought the global motorsports franchise for about $1.7bn in 2006.
The London-based global placement agent and secondaries advisor said it completed four primary private equity fund closings in a ‘very strong first half’ for fundraising activity.
Oakley has agreed to offload half its stake in online dating service PARSHIP ELITE to German media conglomerate ProSieben Sat. 1 Media.
Spanish special situations manager Black Toro’s second fund, which is on track for a final close, has just announced a €30m investment in women’s shoe retailer Marypaz.
Deal volume and value fell in the first half of 2016, but private equity’s growing firepower is expected to support future M&A activity, a report by Boston Consulting Group says.
Karl van de Paer has been appointed head of investor relations and co-investments at the Netherlands-based private equity firm.
Ludovic Phalippou, a finance professor at Oxford’s Said Business School, says the FCA is failing in its fiduciary duty to ensure investors get a fair deal.
The London-based private equity firm is beefing up its executive team, hiring Nick Luckock as partner just four months after promoting Amanda Good and Sebastien Briens.