Private Equity Deals & Transactions

A California public-disclosure advocacy group is highlighting fees paid to private equity firms that it describes as politically connected to the public pension.
Scott Delman, a co-founder of Capital Z’s $2.25bn private equity fund of funds programme, will resign from the firm next year, a firm spokesperson confirmed.
GIMV’s Halder has sold German PVC window profile manufacturer Gealan to AXA Private Equity for in undisclosed sum.
First Eastern Investment Group, China’s largest domestic private equity firm, is to launch a new $200m fund aimed at facilitating trade between China and India.
The New York-based venture firm will make investments in communications, healthcare and information technology companies.
Dan Blanks, the partner in charge of investor relations and fundraising for Dallas buyout veteran Hicks, Muse, Tate & Furst, yesterday announced his retirement to limited partners. Blanks was one of the firm’s ‘Texas mafia’ of founding partners.
The New York firm has closed it fourth vehicle for purchasing subordinated debt and has also announced a $100 million commitment to Accuro Healthcare Solutions.
The European private equity group has completed the €100m sale of French nursing home operator Renaissance Group.
Automobile Association, the UK roadside assistance and car insurance business that underwent a £1.75bn buyout in July, has delivered ahead of schedule on a key part of its business plan.
Understanding the legal framework surrounding shareholder issues in private companies is crucial to buy-out practitioners. Here, in an extract from The UK LBO Manual, a recently-published guide to structuring buy-outs in the United Kingdom, Charlie Geffen, Head of Private Equity at international law firm Ashurst, outlines issues surrounding income, capital and voting rights.
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