Funds

Kenwood, a Japanese maker of audio equipment may reportedly seek financial backing from Cerberus to bid for JVC, a Japanese consumer electronic brand that TPG had been keen to acquire. Talks between TPG and JVC parent Matsushita are believed to have collapsed.

The UK parliament’s Treasury Committee has grilled representatives of the domestic private equity industry on tax and other issues, while listening to evidence from unionists, academics and a think tank.

The UK parliament’s Treasury Committee has grilled representatives of the domestic private equity industry on tax and other issues, while listening to evidence from unionists, academics and a think tank.

The UK parliament’s Treasury Committee has grilled representatives of the domestic private equity industry on tax and other issues, while listening to evidence from unionists, academics and a think tank.

Venture debt provider Kreos Capital has strengthened its senior team with the recruitment of Luca Colciago from Noble as a partner. The hire comes as the firm continues to invest its latest fund, which was closed in April and is being deployed at a rapid rate.

Venture debt provider Kreos Capital has strengthened its senior team with the recruitment of Luca Colciago from Noble as a partner. The hire comes as the firm continues to invest its latest fund, which was closed in April and is being deployed at a rapid rate.

Venture debt provider Kreos Capital has strengthened its senior team with the recruitment of Luca Colciago from Noble as a partner. The hire comes as the firm continues to invest its latest fund, which was closed in April and is being deployed at a rapid rate.

In its biggest deal to date, the upstart private equity firm has agreed to invest $325 million for a one-quarter stake in Palm, the publicly traded maker of the Palm Pilot, as well as to tap the developer of the iPod as an executive chairman.

CDW, a low-cost tech product retailer for businesses, governments and schools, is set to be acquired by Chicago-based Madison Dearborn in a $7.3 billion transaction.

Candover has made a successful exit from its investment in Thule Group, a Swedish company that makes car accessories for equipment transport. The firm has generated an IRR of more than 40 percent from the sale to Nordic Capital, following a two and a half year buy-and-build programme.