Toby Mitchenall
Toby Mitchenall is the Senior Editor, ESG and Sustainability, at PEI Media. He is responsible for New Private Markets, a dedicated intelligence source on impact investing, sustainability and ESG in private markets, and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
Foxtons, the UK estate agency owned by global buyout group BC Partners, is having a tough time amid the housing market slowdown. Investment bankers from NM Rothschild are reportedly being asked to advise on a refinancing of the company’s £250m debt package.
Gautam Bhandari, previously part of the bank’s investment banking division in New York, is moving to Mumbai to head up Morgan Stanley Infrastructure as it seeks to invest part of a $4bn global fund in India, the Middle East and Sub-Saharan Africa.
Creating a dedicated website explaining the firm’s approach to corporate responsibility is just another natural step in the evolution of a private equity firm, says Patrick Dunne, the global firm’s communications director.
The former ABN AMRO buyout firm has combined two Nordic sauna manufacturers to create what it says is the largest sauna company in the world. The new owners are looking East, to burgeoning demand in the Russian market, to drive the company forward.
The Nordic mid-market firm led by ex-IK man Harald Mix has closed its third fund on target at €2bn despite 'turbulent' fundraising markets. About 95 percent of the commitments came from previous Altor investors including Harvard and Swedish insurance Group Länsförsäkringar.
The global public markets are proving a fruitful hunting ground for private equity buyers. Swedish group Gunnebo is the latest company to move into private hands.
The US private equity firm will add a second struggling German bank to its portfolio, purchasing a 91 percent stake in business bank IKB, which entered into an 'existential crisis' in July 2007.
The emerging markets specialist has executed another African PIPE deal, this time taking part of Tunisia’s largest listed company.
The mid-market turnaround specialist has backed the buyout of Crown Paints from Dutch conglomerate Akzo Nobel in a deal fully underwritten by Endless’ second £164m fund. The deal value, though not disclosed, was lower than the reported £70m.
Investors from outside Europe, including private equity firms, could be affected by an amendment to Germany’s Foreign Trade Act approved today.