Private Equity
A number of large bubble-era buyouts are at ‘high risk’ of default according to rating agency Moody’s, which warned the GPs involved faced an uphill battle to generate returns on those deals.
2 min read · 06 January 2013
Duet Group, which in October formed a joint venture with TLG Capital to invest in Africa, has completed its first deal on the continent and has announced plans for a forthcoming $150m fundraising.
1 min read · 06 January 2013
Private equity returns from developed markets outside the US continue to outstrip those of emerging markets, according to Cambridge Associates research.
2 min read · 06 January 2013
Marcel Kaufmann and Christoph Künzle, two executives at Swiss asset manager Strategic Capital Management (SCM), have spun out to form Advanta Capital.
2 min read · 06 January 2013
Craig Butcher has stepped down as senior partner at CEE-focused buyout firm Mid Europa to become a senior advisor. The firm has promoted two to partner as a result.
2 min read · 06 January 2013
German GP Perusa Partners has closed fundraising for its second vehicle with €207m in commitments, meeting its hard-cap in the process.
2 min read · 06 January 2013
Ian Brown, former head of European origination at Lloyds Bank, has been promoted to head of the UK bank’s corporate markets acquisition finance division.
1 min read · 06 January 2013
In a sign that both Nordic private equity and the energy sector remain in vogue, Norwegian group HitecVision’s latest fund has reached its hard-cap in less than four months.
1 min read · 06 January 2013
Guy Hands-led Terra Firma has held exploratory talks with two sovereign wealth funds over the possibility of managing capital on a segregated account basis.
1 min read · 06 January 2013
Hedge fund pioneer Julian Robertson has been made chairman of Forstmann Little & Co, the buyout firm whose founder Ted Forstmann died earlier this week.
1 min read · 06 January 2013
