Providence Equity Partners related stories
All articles and analysis
Providence works to keep mega status in Fund VIILPs and other market sources have questioned the firm's ability to generate outsized returns in mega-funds. Providence recently got a $300m vote of confidence from Washington State.
- Apax goes it alone in Polish auction
Three private equity firms are vying with corporate players to acquire Polish telecommunications group Polkomtel, with binding offers expected to come in above the $6bn-mark in a month’s time.
- Report: Ex-Providence director joins Mary Ma at Boyu
Sean Tong has added his name to the ever-growing list of Chinese nationals leaving Western private equity groups’ Asia operations to strike out on their own.
- Providence offloads Phones 4u
BC Partners is understood to have paid up to £700m for the mobile phone retailer, in what will probably be the penultimate investment from its 2005 fund.
- News analysis: Europe’s debt markets
A reenergised high-yield bond market is shaping private equity fund managers’ approach towards securing credit.
- Ex-Candover director resurfaces at PEP
Piers Dennison is the latest member of former Candover Partners to find a new start with a rival buyout shop.
- Moody’s: PIK-toggle debt led to more defaults
A new report reveals private equity-backed companies that issued debt with payment-in-kind (PIK) toggle features were significantly more likely to default or have their ratings downgraded.
- Mega-firms to reap up to $3.7bn in TDC listing
Apax, Permira, Providence, Blackstone and KKR will partially exit the Danish telecoms company they took private for $12bn in 2005.
- Picking up where they left off
After a lost year (or two), private equity activity has resumed once again in Australia. Exits, however, remain elusive. Jenny Blinch reports.
- Brand new second-hand
Private equity firms in India are adopting the secondary buyout and giving it a local spin.