Private Equity
UK-listed 3i, which doubled its investment pace in the past year, set a new 15% benchmark for future returns but CEO Michael Queen reported results for the last financial year which fell short of that despite a successful reorganisation.
3 min read · 05 January 2013
Bridgepoint has more than doubled its investment in consultancy Environmental Resources Management following its sale to private equity peer Charterhouse Capital Partners.
2 min read · 05 January 2013
UK-based Bridgepoint and Paris-listed Eurazeo have joined forces for the first time to acquire European real estate management company Foncia.
2 min read · 05 January 2013
The lower mid-market firm has sold microelectronics company Coining for $148m, generating a 76% IRR.
1 min read · 05 January 2013
Acquisitions by Eurazeo and HarbourVest are signs of long-awaited consolidation. Eurazeo's deal gives it access to the SME market, according to Virginie Morgon.
3 min read · 05 January 2013
Private equity firms are taking a keen interest in UK retail businesses despite warnings from the Bank of England over the fragile nature of consumer spending.
2 min read · 05 January 2013
A government-commissioned report has left UK banks in the dark over rules relating to private equity-led buyouts of small and medium-sized businesses.
1 min read · 05 January 2013
Barclays Private Equity, currently in the process of disentangling itself from its UK banking parent, has become the latest private equity owner of special effects group The Mill
2 min read · 05 January 2013
Two private equity-backed IPOs this week have demonstrated that despite volatile public markets, it is possible to exit businesses via a flotation and still generate a return.
2 min read · 05 January 2013
Contrary to critics’ claims that private equity houses mislead investors by overvaluing their assets, GPs are if anything ‘too conservative’, according to research from trade body the BVCA.
1 min read · 05 January 2013