Private Equity
3i has appointed a former investment banker as its new chief investment officer and CEO Michael Queen (pictured)received a ringing endorsement from shareholders at the group's AGM.
3 min read · 05 January 2013
CBPE Capital, formerly known as Close Brothers Private Equity, has more than tripled its money following the sale of minerals sector consultancy Stewart Group.
1 min read · 05 January 2013
UK state-backed lender Lloyds Banking Group has decided against granting its in-house private equity arm, LDC, independence, despite many of its peers divesting non-core assets including investment arms.
2 min read · 05 January 2013
Secondaries specialist Cipio Partners has promoted two of its team, including its chief financial officer, to managing partner, in a bid to introduce a younger generation to the firm's senior management team.
1 min read · 05 January 2013
AXA Private Equity continues to capitalise on regulations which make private equity assets less attractive to banks, sealing its fourth secondaries deal to take the value of its recent portfolio acquisitions to $5.1bn.
2 min read · 05 January 2013
The UK government is seeking input on its plan to stimulate economic growth by offering small business investors a range of income and capital gains tax relief.
1 min read · 05 January 2013
UK-listed 3i Group, which established a debt division in February, plans to acquire a US debt manager in the next few months, according to CEO Michael Queen.
2 min read · 05 January 2013
The UK-based firm has agreed to sell a 40% stake in confectionery company Tangerine to The Blackstone Group for approximately £120m (€134m; $193m).
1 min read · 05 January 2013
A wave of incoming regulations is helping fuel activity in the secondaries market, which for some GPs means big compliance headaches.
8 min read · 05 January 2013
The French private equity firm has invested a further €15m in Fonroche Energy following an initial €25m equity investment in April last year.
1 min read · 05 January 2013
