The Russian firm, which is currently raising its second fund targeting $200m, is expected to hold a first close on $100m by the end of September.
1 min read · 19 September 2013
It is understood the UK-headquartered firm will reach its £475m target over the summer, according to a source familiar with the matter.
2 min read · 19 September 2013
The appointment of Paul Rablen in Investec’s acquisition finance team comes as the UK-listed bank is seeing increased deal flow as senior bank debt availability for UK lower mid-market companies remains scarce.
3 min read · 19 September 2013
The Norwegian firm is expected to hold its first close by the end of the summer, according to sources familiar with the matter.
2 min read · 19 September 2013
The Manchester-based GP, which has closed Fund II on its £150m hard-cap, had a re-up rate of nearly 100%, with more than half of investors coming from overseas.
2 min read · 19 September 2013
The firm came to the market in February this year and is expected to hold a first close in late summer, according to sources close to the matter.
1 min read · 19 September 2013
The partnership between the Russian firm and Italy’s national agency for investment promotion comes as a number of Russo-Italian fund initiatives have sprung up recently.
2 min read · 19 September 2013
As new buyouts remain scarce, many GPs are taking advantage of the high yield bond market to refinance deals for dividend recaps, David Whiteley, a managing director leveraged loan markets at Lloyds Bank, tells PEI.
3 min read · 19 September 2013
Following discussions with investors, the firm has pushed back the launch of its fifth fund until the beginning of 2014, with one source suggesting LPs needed to see more exits before re-upping.
2 min read · 19 September 2013
The European fund of Miami-based firm HIG Capital was ‘significantly’ oversubscribed from existing investors and closed after spending less than three months in market.
1 min read · 19 September 2013