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.
The Initiative for Private Equity Investment Trusts has changed its name to LPEQ – Listed Private Equity – to reflect its multinational membership.
While lauding its ‘exceptionally good’ returns and commitment to developing countries, the National Audit Office has highlighted ‘lapses in oversight and governance’ regarding CDC’s remuneration policy.
Opportunities for consolidation in the financial services sector – particularly among life insurance and asset management firms – have led Resolution, like Marfin and Global Investment House earlier this year, to access the public markets.
Hedge fund industry titan Stanley Fink has teamed up with the former head of Close Investments, Rufus Warner, to form Earth Capital Partners. The firm will drive “environmental economic growth” via a series of venture-style funds.
The UK’s private equity trade body has formed an eight-person board to oversee the direction of its research projects. Apax’s technology and telecom chief, Richard Wilson, will be chairman.
Close Brothers Group will not commit to the newly independent firm CBPE Capital’s next fund, which will raise around £500m.
The Brunei-based alternatives manager has bought EMP Global, an emerging markets private equity firm. EMP's heavy-hitting chairman, former World Bank chief and Pakistani prime minister Moeen Qureshi, joins BMB’s senior management.
The listed buyout firm is will eliminate 100 jobs, mostly in back-office functions such as human resources and marketing.
The state-backed Enterprise Capital Fund programme has awarded its latest mandate to TTP Ventures.
Restructuring specialists have been called in to help Orchid, a pub and restaurant chain with nearly 300 UK locations. Since GI Partners paid £571m for the company in 2006, trading conditions for the UK pub sector have significantly worsened.