Lloyds Banking Group

The in-house private equity arm of Lloyds Banking Group has secured its eighth exit this year by selling UK lighting company JCC Lighting.

The in-house private equity arm of Lloyds Banking Group has appointed Joe Farren as an investment director as it sees its deal pipeline improving in the region.

The buyout arm of Lloyds Banking Group has divested its interest in Europe’s largest temporary access equipment maker in a deal valuing the business at more than £28 million.

The in-house private equity arm of Lloyds Banking Group has sold Avelo for £210m to Australian software firm IRESS, returning more than 2x.

LDC,the in-house private equity arm of Lloyds Banking Group, has sold aircraft fitting business AIM Aviation to TowerBrook Capital Partners.

Lloyds Banking Group, part-owned by the UK state, is mulling the sale of about €500m of private equity fund stakes as it follows other lenders in divesting non-core assets.

LDC, the private equity division of Lloyds Banking Group, has continued its prolific deal spree having sealed its eleventh investment this year, and is on track to surpass last year’s total.

UK state-backed lender Lloyds Banking Group has decided against granting its in-house private equity arm, LDC, independence, despite many of its peers divesting non-core assets including investment arms.

It’s not unusual for new products to come under scrutiny in their ‘growing up’ phase, but some concerns around NAV loans may be misplaced, write Samantha Hutchinson, Brian Foster and Mike Hubbard at Cadwalader, Wickersham & Taft.

The London-based lender is working alongside a 'significant' American institutional investor, PEI understands.

As covid-19 wreaks havoc on financial markets, we look back at the previous crisis and the most active firms after the Lehman Brothers collapse.

Graham McDonald is leaving as part of a PE and VC restructuring process, the firm tells PEI.

Investors want to see how the firm performs on a deal-by-deal basis before they will consider committing to a blind-pool vehicle, PEI understands.

The firm has created a group CFO role and hired elsewhere in the business, as it tries to raise its first buyout fund in a decade.

Terra Firma chief executive Andrew Géczy is co-ordinating the fundraising charge at a firm working hard to shake off its image as a one-man-band.

Following the departure of credit focused Peter Miholich late last year, another senior investment professional left the firm in April.