Providence Equity Partners related stories
All articles and analysis
EQT's and Goldman’s ISS appoints chairmanSir Charles Allen, the former chairman of EMI and CEO of ITV, joins at a time when the Danish group's private equity owners are gearing the business up again for an IPO.
- Thomas H Lee dismissed from collusion lawsuit
Seven mega-firms remain on trial in the long-running US case.
- Friday Letter: global reach
The UK’s Walker code should be firmly on the radar of all global buyout firms.
- Friday Letter Business as usual
The long-awaited European Parliament’s proposal to regulate private equity seems unlikely to affect the buyout industry after all – and bodes well for US GPs, too.
- Friday Letter It's in the numbers
Investment bankers and their inflated bonus schemes have become the latest point of focus as people debate the cause and effects of today's financial turmoil. But as Terra Firma chief Guy Hands pointed out this week, the private equity industry’s traditional compensation structure is far from the investment bank bonus culture and - crucially - does not incentivise disproportionate risk-taking for personal gain.
- Friday Letter Confidence building
Investment and exit activity seen recently in Asia should provide a boost to the region’s flagging morale – and kick-start some private equity industry recovery.
- Friday Letter Going once, going twice
Auctions are back, with large firms lining up eagerly to deploy their capital.
- SEC registration reveals pub fight, fines
Firms have been filing registration documents since last year to meet the 30 March deadline. And for some firms, the documents include some ‘embarrassing’ disciplinary history.
- AXA sells home shopping business to Providence
Providence is investing in Home Shopping Europe from its sixth fund that closed on $12bn in 2007. AXA will retain a minority stake in the business.
- Florida SBA buys stake in Providence Equity
The $126bn pension has purchased a minority stake in Providence Equity Partners alongside another of the firm’s LPs. The two LPs together will own less than a 10% stake in the firm.