Private Equity
Following a speech last month in which he attacked private equity firms as being 'asset-strippers', UK Labour Party leader Ed Miliband has further criticised their 'predatory behaviour'.
2 min read · 06 January 2013
Babson Capital Management has bolstered its mezzanine and private equity group by hiring Vik Thadani, who will help to boost its coverage of the Asia-Pacific region.
1 min read · 06 January 2013
Financial services specialist JC Flowers has failed again to acquire the retail arm of UK bank Northern Rock, after the UK Treasury sold it instead to Virgin Money and WL Ross for £747m.
2 min read · 06 January 2013
UK-based growth capital and lower mid-market firm Alcuin Capital Partners has held a final close for its third fund, having met its target of £100m.
1 min read · 06 January 2013
UK-based retail specialist OpCapita has acquired struggling electrical goods chain Comet for £2 as its corporate owner Kesa Electricals looks to offload assets and retrench to its domestic market of France.
2 min read · 06 January 2013
Citigroup has completed its two-part disposal of iconic music publisher EMI, home to the Beatles, after selling its recorded music and publishing units for a combined £2.6bn.
2 min read · 06 January 2013
Sagard Private Equity Partners is set to acquire dough-maker EuroDough from parent Sara Lee for €115m. If successful, it will be the firm’s first new investment since June last year.
2 min read · 06 January 2013
Private equity firms need to address ESG issues to create maximum value within their portfolios and meet LP expectations, a study by Doughty Hanson, the WWF and PwC has found.
2 min read · 06 January 2013
French buyout firm PAI Partners has appointed Charles Bouaziz (pictured), former chief executive of drinks group PepsiCo, as a partner in its consumer group.
1 min read · 06 January 2013
Sun European Partners has bolstered its London-based team, seven months after senior managing director Michael Kalb moved to the UK capital to oversee the European operation.
1 min read · 06 January 2013