BC Partners related stories
All articles and analysis
Realisation of former BOSIF portfolio beginsCavendish Square Partners, the Coller-backed owner of the former Bank of Scotland Integrated Finance private equity portfolio, has begun divesting its assets with the £450m sale of Vue Cinemas to London-based Doughty Hanson.
- BC Partners launches €6bn Fund IX
The firm is offering a 5% reduction of all GP fees on the fund for LPs who commit prior to the first close.
- PA SERS considers commitment to BC Partners
The $24bn pension, which has been slowly committing to private equity this year, has invited BC Partners, Meritech Capital and SFC Energy Partners in for interviews as it considers making commitments to the firms.
- Hands' lawyer: Citi banker has loose lips
In an effort to discredit Citi banker David Wormsley, Terra Firma attorney David Boies attacked him for allegedly disclosing ‘confidential’ information in the past.
- IPO exits decline in the third quarter
Despite some record-breaking deals, private equity firms only managed to raise $5.7bn in the IPO market in Q3 2010.
- Interview: Much to play for
In his first in-depth interview since assuming the managing partner role, Hugh Langmuir explains why Cinven won’t be mimicking some of its large-cap peers.
- Cinven, BC sell €617m stake in travel company
Friday’s sale, combined with a 2007 refinancing and a public listing in April, combine to generate a return of around 3.6x on the investment in Amadeus.
- Renewing the vows
GPs who need a little more time to find deals are asking for extensions. LPs should use these requests as a chance to ‘re-underwrite’ the relationship.
- GPs seek investment period extensions
Montagu, BC Partners and MatlinPatterson are among the firms whose LPs have granted fund investment extensions.
- Private equity-backed buyouts still chasing 2007 peak
While not yet at pre-crisis levels, a recent study found buyouts are increasing in part due to secondary buyouts fuelled by funds needing to deploy capital.