Bank of America Merrill Lynch related stories
All articles and analysis
Making private equity workWhen the private equity bubble burst, some investors in the asset class took to their heels and never came back. Those who stayed are taking steps to understand where they went wrong. Philip Borel finds out what these LPs are doing as the market recovers - and learns that not all classes of LPs are the same when it comes to manager selection success. Who would you predict is the more successful investor type: funds of funds or endowments?
- Strategics strike back
The return of strategic buyers in the US is giving a long-awaited boost to exit opportunities for private equity firms. Conditions for exiting appear particularly compelling for smaller portfolio companies.William Kan, CFA and Georgiana Fung, strategists with Merrill Lynch Small Cap Research, dissect the changes that newly acquisitive corporations have brought to the US private equity landscape
- Dunleavy joins Lazard placement team
Patrick Dunleavy has joined Lazard’s private equity fund placement division as managing director, having left the rival Citigroup team, where he was co-head.
- Dyke ’to become Apax adviser’
Greg Dyke, the former director general of the BBC, has joined private equity firm Apax Partners’ media advisory board, according to a report.
- Rubenstein's reach
The Carlyle Group boasts the largest in-house fundraising and investor-relations team in the industry. David Snow learns how the pieces of this global machine work together
- Zug calls merger ’rumours’ untrue
Responding to an earlier report about merger talks between HarbourVest and Merrill Lynch, HarbourVest senior managing director Brooks Zug called the information 'absolutely untrue.'
- Bregal appoints new London head
Bregal Investments, the investment vehicle for the Brenninkmeijer family fortune, has appointed Jan Faber as head of its new London office, on top of two other hires.
- Mercapital in $260m hospital buyout
The Spanish private equity firm has acquired a 65 percent stake in the $260m MBO of private hospital network USP Hospitales.
- Spirit Group sells hotel chain for £536.2m
The private equity-backed pub operator has sold 141 hotels to leisure group Whitbread, which beat off competition from Apax Partners to secure the deal.
- Merrills veteran joins Mercapital board
Claudio Aguirre Pemán, a former head of Spanish operations at Merrill Lynch, has joined Spanish private equity investor Mercapital to help the firm raise and invest capital.