Private Equity
UK private equity house Doughty Hanson has promoted six of its investment team as part of a drive to develop talent in-house.
1 min read · 06 January 2013
CVC Capital Partners co-founder Donald Mackenzie has been appointed as chairman of the company that's been plagued with bribery allegations.
2 min read · 06 January 2013
Kim Pedersen, a senior figure at placement agent Park Hill Group’s London office, has left to launch his own venture. His exit leaves three managing principals within an 11-strong European team.
2 min read · 06 January 2013
US buyout group TPG Capital has backed Nordic lender Saxo Bank, investing $560m in equity for a 30% stake, and providing an exit for private equity peer General Atlantic.
2 min read · 06 January 2013
HIG Europe has won control of struggling marketing company Bezier using a debt for equity swap, an increasingly common tool for sponsors acquiring distressed assets from banks.
2 min read · 06 January 2013
Dubai-headquartered private equity firm Abraaj Capital has acquired North African rival Amundi's North African private equity business, a month after it failed in its bid to obtain a stake in Egyptian peer Citadel Capital.
2 min read · 06 January 2013
CVC, no stranger to partnering with entrepreneurs after investing in F1 with Bernie Ecclestone, has acquired a majority stake in a gym chain owned by Richard Branson’s Virgin Group.
2 min read · 06 January 2013
HgCapital Trust, the listed arm of Ian Armitage (pictured)-led buyout group HgCapital, outperformed the FTSE All Share index in the first half - although NAV growth was down on H2 last year.
3 min read · 06 January 2013
HarbourVest Partners is poised to grow its AUM with the $806m acquisition of listed Swiss peer Absolute Private Equity.
3 min read · 06 January 2013
RBS has appointed JP Morgan’s former head of financial sponsors to oversee realisations within its strategic investment group, which manages assets acquired through debt for equity swaps or restructurings.
1 min read · 06 January 2013