Private Equity
Following much demur from the buyout industry, the Australian government has released draft legislation addressing tax uncertainties, although they are unlikely to fully appease GPs.
2 min read · 06 January 2013
UK newspaper group Daily Mail and General Trust has sold its US-based trade show management business to media specialist Providence Equity Partners.
2 min read · 06 January 2013
Funds managed by the private equity investor have acquired 11 wind farms from ACS as part of the latter’s ongoing sale of its renewables portfolio.
2 min read · 06 January 2013
The sale of personal care retailer Polbita by Strategic Value Partners, five years after the firm acquired its parent company, demonstrates that successful turnarounds are possible with a little patience.
2 min read · 06 January 2013
The total value of private equity-backed deals is on pace to beat last year’s total of €55bn while exits are headed up, according to research from the Centre for Management Buy-out Research.
2 min read · 06 January 2013
Leon Black-led Apollo -- which has approximately $10bn in dry powder -- believes the volatile markets could be rife with opportunities.
3 min read · 06 January 2013
HarbourVest Partners is poised to grow its AUM with the $806m acquisition of listed Swiss peer Absolute Private Equity.
3 min read · 06 January 2013
The commitment would represent a new manager relationship for the $8.1bn pension, which has a 4.5% target allocation to buyout and growth capital investments.
2 min read · 06 January 2013
IK has made its fourth investment this year, acquiring a majority stake in engineering group Doedijns International, a transaction which takes its last fund past the two thirds deployed mark.
2 min read · 06 January 2013
GP Investments has taken a 100% ownership stake in Brazilian restaurant franchise Fogo de Chão after acquiring a 35% stake in the company in 2006.
2 min read · 06 January 2013