Private Equity
The firm formerly known as Candover Partners has given 3i and its co-investor a roughly £200m exit on oil services group RBG, which fellow firm Montagu had previously been eyeing.
2 min read · 05 January 2013
UK-listed 3i, which doubled its investment pace in the past year, set a new 15% benchmark for future returns but CEO Michael Queen reported results for the last financial year which fell short of that despite a successful reorganisation.
3 min read · 05 January 2013
Technology-focused Silver Lake Partners and its fellow investors in voice-over-internet protocol business Skype are set for a huge return following the company’s sale to technology group Microsoft.
2 min read · 05 January 2013
Bridgepoint has more than doubled its investment in consultancy Environmental Resources Management following its sale to private equity peer Charterhouse Capital Partners.
2 min read · 05 January 2013
Former Towerbrook Capital Partners managing director John Sinik has launched a debt fund management business which is hoping to raise at least €300m for its maiden vehicle.
3 min read · 05 January 2013
Buyout firm Mediterra Capital Management has held a first close for its debut Turkey-focused private equity fund on €100m, one third of the way towards its target.
2 min read · 05 January 2013
UK-based Bridgepoint and Paris-listed Eurazeo have joined forces for the first time to acquire European real estate management company Foncia.
2 min read · 05 January 2013
Steve Belgrad has resigned to take up a senior position at the US asset management arm of insurance, savings and investment group Old Mutual.
2 min read · 05 January 2013
The firm is bolstering its investment teams in all three of its European offices as a signal of its commitment to the central and eastern European region, says partner Zbigniew Rekusz.
2 min read · 05 January 2013
PAI has sold its fourth business this year, retailer Gruppo Coin, while Sagard Private Equity is nearing an exit from Souriau. The combined value of the exits approaches €1.4bn.
2 min read · 05 January 2013
