Lazard related stories
All articles and analysis
Evercore IPO raises $83mThe merger advisory firm and private equity investment manager raised $83m in its initial public offering, as nearly four million shares sold at $21 per share.
- AlpInvest spinout abandons fundraising
AlpInvest Partners, Europe’s largest backer of private equity funds, has pulled the plug on its own spinout team Taros Capital’s fundraising.
- GI Partners closes Fund II on $1.45bn
GI Partners, a trans-Atlantic private equity firm, has raised $1.45bn from investors including CalPERS, ATP and Abu Dhabi Investment Authority.
- Lazard pulls plug on buyout arm
US bank has abandoned plans for a European buyout team after failing to raise significant funds or to do a deal in the two years since launch.
- Wyatt steps down to focus on Panmure Capital
Panmure Capital, a joint venture between UK stockbroker Panmure Gordon and Bank of Scotland, will receive the full attention of chairman Richard Wyatt, who steps down from his role as executive chairman of Panmure Gordon to focus on the private equity business.
- Bridgepoint sells French nursing homes
BC Partners, a London-based private equity firm, and AXA Private Equity, the private equity arm of the French insurance group, have teamed up to acquire Médica, a French nursing home business.
- TDR Capital second fund closes on €1.75bn
After just four months, TDR Capital has raised €1.75bn for the successor to its €550m debut fund.
- Buyout M&A in Europe totals $135bn in 2006
Sponsor-backed M&A in Europe was slightly down on first half figures for 2005 although the average deal size rose.
- Arcapita seals insulation deal
The Bahrain-based investment firm has made its first acquisition since announcing plans to increase its activity.
- Lazard withdraws from Waterstone’s bid
A £280m offer for UK bookstore chain Waterstone’s has collapsed, following the withdrawal of a consortium including Lazard Private Equity.