Internet traffic is growing rapidly, and so is the need to store data in safe, reliable places. A UK-based fund manager is pursuing an investment strategy based on the trend. Philip Borel reports
5 min read · 05 January 2013
Infratil-backed Energy Developments has rejected the private equity firm’s offer as too low, but said it will not impede a similar 'off-market' takeover bid.
2 min read · 05 January 2013
Globally, the secondary market has been slow all year. That may be about to change, writes Philip Borel.
3 min read · 05 January 2013
Rival bids from syndicates featuring Borealis and Citi have been trumped by GIP, which reportedly secured more than £1bn in debt financing.
2 min read · 05 January 2013
Infratil-backed Energy Developments has rejected the private equity firm’s offer as too low, but said it will not impede a similar 'off-market' takeover bid.
2 min read · 05 January 2013
The proposed £225m take-private of UK specialist life company Just Retirement will take Permira’s current fund to just under 60 percent invested. The deal is being led by James Fraser.
2 min read · 05 January 2013
Natural resources and black economic empowerment enterprises are providing the firm rich opportunities in Africa, Michael Cohen told delegates at the PEI Africa Forum in London today.
2 min read · 05 January 2013
The bank, which is currently assisting with fundraising for groups including MBK Partners, Alinda Capital and Citadel, has decided to wind down its private equity fund placement arm by year end. Two of its executives have already been hired by Credit Suisse as part of its asset management division's global expansion.
2 min read · 05 January 2013
The buyout industry has been incapable of ‘using leverage sensibly’ and must support restrictions on excess LBO debt, argued Hugh MacArthur, global head of Bain & Co’s private equity practice. He was joined at PEI's Middle East Forum by Delta Private Equity's Patricia Cloherty, who noted ‘cheap debt is simply seductive, and everyone is complicit on the upside’.
2 min read · 05 January 2013
The future of big buyout funds may be uncertain – but they haven’t gone the way of the dotcom venture funds yet, writes Philip Borel.
2 min read · 05 January 2013
