PEI Staff
The appetite for increased investor commitments has been 'sated' according to the latest figures, as GPs use fund reserves and LPs are unable to use distributions to re-invest.
Danske Private Equity Partners, a subsidiary of the Danske Bank Group, has held a first closing on E349m for its second fund of funds.
French bank Crédit Lyonnais has merged its two private equity businesses into one unit.
Four practitioners are behind an initiative aimed at creating standards to improve the quality and distribution of performance-related data between GPs and LPs.
Barclays invests in weighing scales; Interregnum injects cash into Adaptive and ComputerWire
The Scottish asset manager is offering private investors access to private equity funds at a time when similar products are enjoying mixed success.
Close Brother Corporate Finance advised management on the wholly debt-financed buyout of the UK wholesaler.
Following today’s resignation of Body Shop founders Anita and Gordon Roddick, the company said takeover talks with private equity firms had failed.
The bank’s private equity arm has invested in the MBO of Dignity Caring, the UK funeral and cemetery business.
The average P/E ratio continues to hover around 10, refusing to give buyers the sort of break on price that many are looking for.