The Guardian Media Group

One of the City of London’s most famous pluralists adds another private equity firm to his roster of responsibility. He is the latest of a number of heavyweight financiers the fledgling buyout firm can call to its cause.

The buyout fund could set a European record, as a parallel fundraising from employees nears completion. Rival CVC Capital Partners is also hard on the heels of record holder Permira.

As the year draws to a close PEO's team has pulled out its crystal ball to take a view on 10 of the themes that will occupy the industry in 2008.

City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.

City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.

City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.

The Thomson Corporation has agreed to sell the higher education assets from its Thomson Learning division to Apax and OMERS for $7.75 billion. The transaction includes Canadian educational materials provider Nelson Canada, in which OMERS will have majority ownership.

Auto Trader, a car sales business owned by the UK-based Guardian Media Group, is expected to be valued at up to £1.3 billion when final bids are submitted tomorrow. The price has reportedly frightened off one interested party.