Candover Partners related stories
All articles and analysis
Candover, Cinven share €100m sale proceedsThe two firms are selling Springer Science+Business Media to EQT and GIC for €2.3bn.
- Candover to wind down €3bn fund
The UK firm’s LP advisory board has moved to terminate the firm’s €3bn fund, which would keep €100m to help manage its sole portfolio company.
- Permira chips away at portfolio leverage
The private equity firm is nearing a deal to reduce the debt burden on fashion house Valentino by €730m, while talks continue with lenders to gaming group Gala Coral.
- Candover loses another investment, delays fund decision
As stakeholders discuss what to do with the firm’s suspended €3bn 2008 fund, Candover has lost control of laboratory business ALcontrol to GSO Capital.
- BC Partners loses Dometic to lenders
The firm has broken even on its investment in the Swedish caravan maker, following a debt-for-equity swap that leaves a 25-strong lending syndicate in control.
- Candover admits flaws in existing structure
As it continues to mull its future business model, the London-listed private equity investor sees the departure of long-time managing director Colin Buffin and finance director Tian Tan.
- Rejuventated Candover pulls plug on sale
The listed firm’s financial footing has been bolstered by the £553m sale of Wood Mackenzie, one of several factors reducing its need to sell the business to reported potential buyers like Coller Capital.
- CalPERS commits $500m to Blackstone
The $184bn pension, struggling with the denominator effect, committed $750m to Blackstone’s previous buyout vehicle. CalPERS documents confirmed rumours that Blackstone has lowered its fund target to between $15bn and $20bn.
- Candover shares rise on 37% NAV gains
The listed trust of Candover had its strongest net asset value gains for 19 years as the group's Colin Buffin remains confident despite worsening market conditions.
- Candover makes cautious case for greater transparency
Candover, the UK-listed private equity investment trust, backed calls for greater disclosure as it reported increased profits and net assets in 2006. However, it believes transparency must have its limits.