Cinven related stories
All articles and analysis
Ohio Schools collects $196m on secondaries salesThe $10.5bn pension worked with UBS to sell a portion of its private equity portfolio. The pension board last week approved more than $100m in commitments, including to Cinven's fifth fund.
- Permira sets modest target for fifth fund
Permira is soon to launch its fifth buyout fund with a target that speaks to a radically changed environment to that of 2006, when it last hit the fundraising trail.
- Cinven sale shows bubble deals can turn a profit
Cinven's 3.5x exit on diagnostics group Phadia, purchased at the peak of the market in a secondary buyout, represents its second €1bn-plus gain this year.
- Bad timing, big returns
Private equity professionals are a competitive bunch. But many were likely toasting Cinven’s sale of Phadia this week as further evidence that boom-era buyouts can prove profitable.
- CD&R boosts London team with Permira senior hire
Sonja Terraneo, formerly global head of industrials for Permira, will further CD&R’s reach into the industrials sector and German-speaking countries as it readies for an increase in European deal activity.
- Terra Firma ups aircraft investment to $1.2bn
A consortium of investors led by Terra Firma and CPPIB will invest up to $729mn of additional capital in AWAS, an aircraft leasing company Terra Firma originally purchased in 2006.
- AXA, Permira to form online travel giant
The firms have teamed up to acquire online travel agent Opodo, owned by travel group Amadeus. AXA and Permira plan to merge Opodo with two other internet travel companies.
- TPG Credit arm raises $605m aviation fund
The 6-year-old distressed debt affiliate -- which is also rumoured to be raising a new distressed debt fund -- beat its $400m target.
- PE trio refuels aircraft leasing firm with $250m
Cinven, CVC and Oak Hill have invested a total of $1bn in Dublin-headquartered Avolon, which has also raised $1bn in debt financing.
- European firms set IPO record in 2010
CMBOR figures show Europe’s exit markets heating up during last year, boosted by a resurgence in IPOs which reached a total value of €21.6bn.