Private Equity
Blackstone has acquired German outdoor clothing company Jack Wolfskin, the latest in a slew of deals which have come despite retailers struggling due to subdued consumer spending.
2 min read · 05 January 2013
Buyout firm BC Partners has held a second close for its latest mega-fund just shy of its €6bn target, demonstrating that top tier firms are still able to attract significant amounts of capital despite a difficult fundraising environment.
2 min read · 05 January 2013
Mid Europa Partners has underscored the growing importance of Turkey as a market for private equity with its first deal in the country, ahead of an intended office opening in Istanbul.
3 min read · 05 January 2013
DFJ Esprit has allayed fears that a subdued exit environment will make it hard for European venture capital firms to monetise their investments, sealing a 15x return following the sale of Zeus Technology.
2 min read · 05 January 2013
Jorge Quemada, a 13 year veteran of UK-listed 3i Group’s private equity team, has left the buyout house to take up a position at rival Cinven.
2 min read · 05 January 2013
Senior Credit Suisse banker Paul Su has become the latest individual to leave investment banking for private equity, as buyout groups look to increase resources in China.
2 min read · 05 January 2013
BC Partners has made its first acquisition with capital from its latest mega-fund, winning the hotly-contested auction for Swedish cable company Com Hem with a bid of SKr17bn (€1.9bn; $2.7bn).
2 min read · 05 January 2013
Citadel Capital moved a step closer to selling a stake in itself on Tuesday, appointing Citigroup to advise on strategic options. Two days later, it won approval to vote on a $175m rights issue.
2 min read · 05 January 2013
The sale of Dubai-based oil and gas services company Maritime Industrial Services by Gulf Capital and Amwal AlKhaleej shows that private equity can work profitably in the Middle East.
2 min read · 05 January 2013
The former head of investor relations at buyout firm Terra Firma has resurfaced at turnaround specialist Strategic Value Partners.
1 min read · 05 January 2013
