Lion Capital related stories
All articles and analysis
Warburg cashes in with €290m trade saleThe sale of German payment processing business Easycash will net 3x the firm’s invested capital.
- Life after leverage
Mega-firms with dry powder are breaking the LBO mould to get deals done, writes Toby Mitchenall.
- Which empires are crumbling?
A look back at the largest private equity firms of 1998 provides a reminder that today's titans are not guaranteed to hold their positions forever. By David Snow
- Citi to quit third-party fund placement
The bank, which is currently assisting with fundraising for groups including MBK Partners, Alinda Capital and Citadel, has decided to wind down its private equity fund placement arm by year end. Two of its executives have already been hired by Credit Suisse as part of its asset management division's global expansion.
- Correction: SEC charges ex-NY Common CIO
In a story dated 20 March, PERE reported that David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from various private equity and hedge funds, including a vehicle run by Paladin. The story should have read Paladin Capital Group.
- SEC charges ex-NY Common CIO in alternatives kickback scheme
David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from private equity and hedge funds including Carlyle, Riverstone, Aldus, Falconhead, Odyssey, Access Capital, GKM Newport, Pequot and PCG.
- Lion spends $80m for a piece of American Apparel
The London-based firm is set to take up to an 18% stake in the clothing retailer by buying a portion of the company’s second lien debt. The debt is held by a fund associated with computer billionaire Michael Dell.
- Warburg to take 10% stake in Premier Foods
The private equity firm has agreed a £64m PIPE with Premier Foods, the UK-based owner of household food brands including Hovis, Cadbury and Bisto, which has been struggling under a £1.7bn debt mound. The investment will form part of a 1.5bn share offer intended to raise around £404m.
- Report: Premier appeals to private equity
The UK food conglomerate’s chief executive has reportedly asked Goldman Sachs to approach Blackstone, Bain, Lion and Permira in the hopes of obtaining a debt-busting equity injection of up to £700m. Premier owns brands including baked goods maker Hovis.
- Recession-proof retail?
Recent deals and proprietary PEI research show the asset class continues to bet on pockets of the retail sector, despite gloomy consumer confidence, writes Suzanne Weinstock.