The private equity arm of Italian insurer Generali Group plans to raise up to €2.7 billion for Generali Global Private Equity, its fund of funds.
1 min read · 03 January 2013
UK cinema group Cineworld, a portfolio company of US private equity firm The Blackstone Group, has announced that its £450m planned flotation later this month has been postponed.
2 min read · 03 January 2013
UK fashion retailer New Look, backed by private equity firms Apax Partner and Permira, has dropped five of its senior directors, while founder Tom Singh is to take on to a non-executive role.
2 min read · 03 January 2013
Helsinki Stock Exchange-listed CapMan has sold a 12.5 percent stake in Access Capital Partners, a French private equity fund of funds investor, as the firm approaches its hard cap for two new funds of funds.
2 min read · 03 January 2013
Standard Life Investments’ investment trust, managed by Standard Life European Private Equity, has reported a busy six months of investment activity with £37.6m of drawdowns, the highest six-month figure since its listing in May 2001.
1 min read · 03 January 2013
French mid-market firm Pragma Capital has acquired Barclays Private Equity’s 80 percent stake in La Croissanterie, France’s second-largest sandwich chain.
1 min read · 03 January 2013
Less than a month after the launch of Dubai-based Abraaj Capital’s Pakistan-focused buyout fund, the country’s Securities and Exchange Commission is reportedly proposing a 10-year tax exemption for private equity funds.
1 min read · 03 January 2013
US-based real estate fund manager Starwood Capital has sold the French champagne interests that it acquired in its €1.2bn purchase of Groupe Taittinger last July.
1 min read · 03 January 2013
Despite the possibility of a rival offer from a local business and delays in regulatory approval, Carlyle remains positive that its $375m offer for Chinese construction company Xugong will be the first majority acquisition of a Chinese state-owned enterprise by a private equity firm.
2 min read · 03 January 2013
Social networking sites have become popular lately with teens, housewives and VCs too. Benchmark Capital’s Barry Maloney tells Robert Venes why his firm has put its money into three such businesses.
4 min read · 03 January 2013
