HSBC Bank (UK) Pension Scheme related stories
All articles and analysis
- HSBC sells remaining stake in Montagu to management
HSBC has sold its remaining 19.9% stake in Montagu Private Equity nine years after the mid-market buyout group spun out from the bank.
- DIC reaches agreement with lenders
State-backed private equity group Dubai International Capital has successfully negotiated a restructuring of $2.5bn-worth of debt after almost two years of talks.
- GCS acquires Dexia Asset Management
The Chinese firm has confirmed its purchase of the coveted €80bn asset manager, and teams up with ICBC, China's biggest bank, to expand DAM’s foothold in emerging markets.
- Headland in Korea buyout
Hong Kong-based Headland Capital Partners has bought a Korean toy company from its founders and aims to expand the business into Southeast Asia.
- ICG backs tertiary buyout of ATPI
Intermediate Capital Group has backed the tertiary buyout of corporate travel company ATPI using both equity and mezzanine debt, providing an exit for Equistone in the process.
- Permira hires former Lehman banker to challenge CVC
The two European buyout groups are both expanding into multi-asset managers with the launch of Permira’s debt team under Peter Combe, a former Lehman Brothers banker, according to a report.
- Eurazeo abandons Fraikin IPO for €1.4 bn sale to CVC
Eurazeo has cancelled plans for an initial public offering of truck rental business Fraikin and is selling the company to CVC Capital while reinvesting $60 million in the new entity.
- KKR hires ex-HSBC chief
The US buyout firm has given Sir John Bond, the former group chairman of the UK’s largest bank, a role as special adviser to help develop its business, particularly in Asia.
- ICG to exit largest equity investment to Cinven
Cinven has agreed to acquire patent software provider CPA Global for £950m. ICG made its largest equity investment – about £37m – in CPA Global in 2010.
- NBK doubles money as fundraising looms
Kuwait-based NBK Capital continues to successfully realise investments, following its sale of Aras Cargo in December with the sale of Saudi Arabian group Hanco for a 2x return as the firm prepares to launch its next fundraising.