HSBC Bank (UK) Pension Scheme related stories
All articles and analysis
HarbourVest moves secondaries specialist to AsiaTim Flower relocated to the firm’s Hong Kong office from London this month and is the firm’s first dedicated secondaries specialist in the region.
- HSBC's Asian PE team to spin out
The division's management team, led by George Raffini, is poised to purchase just over 80% of the business.
- Barclays drives away with 2.7x exit on car leaser
Morgan Stanley has acquired a 60% stake in car leasing company Zenith for £85m, representing the fourth buyout in seven years for the company.
- CVC inserts €1.2bn into vending machines
Charterhouse is selling vending machine operator Autobar to CVC, but will keep a minority stake as the new owners look for bolt-on opportunities.
- MCap sets target of up to $300m for maiden fund
The firm started by ex-Baring PE Partners India partner Subbu Subramaniam is in the market and close to securing an anchor commitment.
- Building up, (not) spinning out
HSBC is the latest bank to indicate it will part ways with its captive private equity groups, citing changing regulatory conditions. But at least one bank – BNP Paribas – is bucking the trend.
- The other directive
The threat presented by Solvency II should not be underestimated.
- Carlyle to invest $190m in China Fishery
Carlyle's investment will help the Singapore-listed integrated fishing company pursue its expansion plans and improve operational efficiency.
- HSBC to consider selling London HQ – again
The bank may sell offices in New York, Paris and London, and possibly lease them back, after receiving interest from investors. This would be the second time in two years the bank has sold its landmark London HQ. In December, it bought back the property from Metrovacesa at a 25% discount after selling it to the Spanish group in 2007 for a record £1.1bn.
- The ones to call
Flip through consumer, retail or healthcare pitchbooks and you’ll be sure to find career investment bankers touting 25 or 30 years of experience in their sector. But infrastructure is a relatively new vertical for most banks, and experienced advisors can be hard to come by. When you do your research of who is who in infrastructure M&A work, the following ten names are bound to pop up. We present them here in alphabetical order*