Providence Equity Partners has made the largest Western private equity investment in the Ukraine, buying a substantial stake in Volia Cable from SigmaBleyzer.
2 min read · 04 January 2013
ECI Partners, the UK mid-market firm, has recruited investor relations manager Jeremy Lytle, who had a similar role at hedge fund FM Capital Management.
1 min read · 04 January 2013
Exponent Private Equity has bought handbag company Radley from Phoenix Equity Partners, which exited the company after slightly more than a year and a half having “made it feel like an entirely different business”.
2 min read · 04 January 2013
The ex-Morgan Stanley chairman presented his proposals to the UK Treasury Select Committee, dismissing concerns his suggestion that firms submit anonymous attribution analysis provided firms with “a cloak of anonymity”.
2 min read · 04 January 2013
Norton Rose, the global law firm, has opened an office in Saudi Arabia in association with Middle Eastern law firm Abdulaziz Al-Assaf combining Norton Rose’s regional corporate experience with its rival’s political exposure in the region.
1 min read · 04 January 2013
The global private equity firm has sold Loyalty Management Group after backing the company five years ago when it had no revenues. The company recently won an appeal allowing it to reclaim tax in the UK on its loyalty schemes.
2 min read · 04 January 2013
The UK City Minister has said she is inviting the Chinese government’s sovereign fund to London. The funds continue on a path towards respectability after Sir David Walker persuaded the Qatar Investment Authority to sign up to his proposals on disclosure and transparency.
1 min read · 04 January 2013
The UK mid-market firm is looking to roll out 7city Group’s business internationally and to increase its product range after backing a management buyout.
1 min read · 04 January 2013
The listed trust of the UK buyout firm has recruited diplomat Lord Jay of Ewelme as a non-executive director a week after the firm bought the politically sensitive Dutch business Stork.
1 min read · 04 January 2013
The Flowers consortium is offering to pay back more of the UK Bank of England’s loan than the Virgin/WL Ross consortium’s bid preferred by Northern Rock’s board. UK Chancellor Alistair Darling is reportedly encouraging rival bids.
2 min read · 04 January 2013
