February 2007 Issue

For many investors, Irish venture capital is a niche industry within European private equity. However, recent developments anticipate a bright future for the market, writes Jo Nash.

As the renewable energy sector prepares for its biggest ever year, one private equity firm looks well positioned to take advantage. By James Taylor.

2006 might be remembered as the year when private equity interest in the energy sector exploded, but there are signs that the boom is only just beginning. James Taylor reports.

Smaller funds are introducing potential investors to comparative economics.

Through higher fees and more carry on ever-larger funds, LBO groups are cashing in on their unprecedented popularity. This side of a downturn, LPs must grit their teeth and pay up. Andy Thomson reports.

As Pacific Corporate Group loses clients, its owner continues to explore change.

Your firm has grown and you need more talent. If you haven't done a good job building a deep bench, be prepared to pay big bucks for someone else's investment pro. David Snow surveys the competitive market for private equity human capital.

The SEC's attempt to update Reg D should include dropping the ‘general solicitation’ ban on fundraisers.

Over the past decade, France-based AXA Private Equity has grown into a global private equity investor with more than€10 billion of capital under management. Dominique Senequier is in charge. Late last year, she met with Philip Borel.

The numbers are in, and despite the feeling among US VCs that the stock market remains a poor exit option, 2006 saw a larger amount raised through venture-backed IPOs than the previous year. Dave Keating reports.

Recent developments in the direct secondary market anticipate a more positive future for European early stage capital, writes Jo Nash.

Lawyers have notoriously itchy feet, as the esteemed fund franchise of SJ Berwin has discovered.

On the south side of the equator and east of the Atlantic lies a country that some private equity heavyweights increasingly consider to be a hidden gem.

German industry and private equity have not always made easy bedfellows. A recent deal suggests they're getting closer.

New accounting rules in China could make life a lot easier for private equity firms.

Amid the prospect of less buoyant times, investors in private equity are more enthusiastic than ever.

Despite celebrity endorsement, the offer for Australian airline Qantas is far from being to everyone's liking.

Professional investors in private equity funds should do more to explain the benefits of the asset class to its detractors.

The head of the new Private Equity Council is a former video game defender.

FIRST ROUND 2007-02-01 Staff Writer A flurry of excitement rippled through PEI's offices at the back end of last year as some of the usual LBO suspects announced they had clubbed together to buy Warsaw-based orthopedic products firm Biomet. After all, at $10.9 billion (€8.3 billion), was this not the largest

The rise of infrastructure investing is creating a hot private equity play.

Editor's letter 2007-02-01 Staff Writer Much has been written of private equity's good fortune in recent months to be able to attract some of the highest-octane executives to portfolio companies. Firms have been able to accomplish this in part because they have so much more money in play, but also because of

Nicholas Lockley, editor of PrivateEquityOnline.com, looks through his online window on the industry.

Thompson Dean, formerly the head of Credit Suisse First Boston's private equity arm DLJ Merchant Banking, formed New York-based private equity firm Avista Capital Partners in 2005. He brought with him to the new firm 15 of his Credit Suisse colleagues. Avista focuses on the US, primarily in the energy, healthcare and media industries. Avista's most recent acquisition came in December, when the firm bought The Star Tribune Company, a Minnesota-based media group, from newspaper publisher The McClatchy Company for $530 million (€399 million). The Star Tribune Company consists of the Star Tribune, which is the largest newspaper in the Twin Cities area with a daily circulation of approximately 360,000, as well as the newspaper's digital affiliate, StarTribune.com.

From toll roads in Australia to airports in the UK, infrastructure has become one of the fastest growing asset classes in the world. As private equity firms look to capitalise on the trend, financial and political challenges loom large. By Paul Fruchbom.

The Private Equity Council, the recently formed trade association that plans to present a kinder and gentler face of private equity to the public and politicians, faces challenges worthy of super spy Ethan Hunt of Mission Impossible fame. By Tom Franco.

Nicholas Lockley, editor of PrivateEquityOnline.com, looks through his online window on the industry.

Thompson Dean, formerly the head of Credit Suisse First Boston's private equity arm DLJ Merchant Banking, formed New York-based private equity firm Avista Capital Partners in 2005. He brought with him to the new firm 15 of his Credit Suisse colleagues. Avista focuses on the US, primarily in the energy, healthcare and media industries. Avista's most recent acquisition came in December, when the firm bought The Star Tribune Company, a Minnesota-based media group, from newspaper publisher The McClatchy Company for $530 million (€399 million). The Star Tribune Company consists of the Star Tribune, which is the largest newspaper in the Twin Cities area with a daily circulation of approximately 360,000, as well as the newspaper's digital affiliate, StarTribune.com.

Below is a selection of venture capital groups active in Ireland:

Nicholas Lockley, editor of PrivateEquityOnline.com, looks through his online window on the industry.

For many investors, Irish venture capital is a niche industry within European private equity. However, recent developments anticipate a bright future for the market, writes Jo Nash.

Thompson Dean, formerly the head of Credit Suisse First Boston's private equity arm DLJ Merchant Banking, formed New York-based private equity firm Avista Capital Partners in 2005. He brought with him to the new firm 15 of his Credit Suisse colleagues. Avista focuses on the US, primarily in the energy, healthcare and media industries. Avista's most recent acquisition came in December, when the firm bought The Star Tribune Company, a Minnesota-based media group, from newspaper publisher The McClatchy Company for $530 million (€399 million). The Star Tribune Company consists of the Star Tribune, which is the largest newspaper in the Twin Cities area with a daily circulation of approximately 360,000, as well as the newspaper's digital affiliate, StarTribune.com.

As the renewable energy sector prepares for its biggest ever year, one private equity firm looks well positioned to take advantage. By James Taylor.

From toll roads in Australia to airports in the UK, infrastructure has become one of the fastest growing asset classes in the world. As private equity firms look to capitalise on the trend, financial and political challenges loom large. By Paul Fruchbom.

2006 might be remembered as the year when private equity interest in the energy sector exploded, but there are signs that the boom is only just beginning. James Taylor reports.

The Private Equity Council, the recently formed trade association that plans to present a kinder and gentler face of private equity to the public and politicians, faces challenges worthy of super spy Ethan Hunt of Mission Impossible fame. By Tom Franco.

From toll roads in Australia to airports in the UK, infrastructure has become one of the fastest growing asset classes in the world. As private equity firms look to capitalise on the trend, financial and political challenges loom large. By Paul Fruchbom.

Smaller funds are introducing potential investors to comparative economics.

Below is a selection of venture capital groups active in Ireland:

The Private Equity Council, the recently formed trade association that plans to present a kinder and gentler face of private equity to the public and politicians, faces challenges worthy of super spy Ethan Hunt of Mission Impossible fame. By Tom Franco.

Through higher fees and more carry on ever-larger funds, LBO groups are cashing in on their unprecedented popularity. This side of a downturn, LPs must grit their teeth and pay up. Andy Thomson reports.

For many investors, Irish venture capital is a niche industry within European private equity. However, recent developments anticipate a bright future for the market, writes Jo Nash.

Below is a selection of venture capital groups active in Ireland:

As the renewable energy sector prepares for its biggest ever year, one private equity firm looks well positioned to take advantage. By James Taylor.

For many investors, Irish venture capital is a niche industry within European private equity. However, recent developments anticipate a bright future for the market, writes Jo Nash.

Smaller funds are introducing potential investors to comparative economics.

2006 might be remembered as the year when private equity interest in the energy sector exploded, but there are signs that the boom is only just beginning. James Taylor reports.

Over the past decade, France-based AXA Private Equity has grown into a global private equity investor with more than€10 billion of capital under management. Dominique Senequier is in charge. Late last year, she met with Philip Borel.

Through higher fees and more carry on ever-larger funds, LBO groups are cashing in on their unprecedented popularity. This side of a downturn, LPs must grit their teeth and pay up. Andy Thomson reports.

Smaller funds are introducing potential investors to comparative economics.

The numbers are in, and despite the feeling among US VCs that the stock market remains a poor exit option, 2006 saw a larger amount raised through venture-backed IPOs than the previous year. Dave Keating reports.

Through higher fees and more carry on ever-larger funds, LBO groups are cashing in on their unprecedented popularity. This side of a downturn, LPs must grit their teeth and pay up. Andy Thomson reports.

Recent developments in the direct secondary market anticipate a more positive future for European early stage capital, writes Jo Nash.

On the south side of the equator and east of the Atlantic lies a country that some private equity heavyweights increasingly consider to be a hidden gem.

Your firm has grown and you need more talent. If you haven't done a good job building a deep bench, be prepared to pay big bucks for someone else's investment pro. David Snow surveys the competitive market for private equity human capital.

New accounting rules in China could make life a lot easier for private equity firms.

Your firm has grown and you need more talent. If you haven't done a good job building a deep bench, be prepared to pay big bucks for someone else's investment pro. David Snow surveys the competitive market for private equity human capital.

Over the past decade, France-based AXA Private Equity has grown into a global private equity investor with more than€10 billion of capital under management. Dominique Senequier is in charge. Late last year, she met with Philip Borel.

Despite celebrity endorsement, the offer for Australian airline Qantas is far from being to everyone's liking.

The head of the new Private Equity Council is a former video game defender.

Over the past decade, France-based AXA Private Equity has grown into a global private equity investor with more than€10 billion of capital under management. Dominique Senequier is in charge. Late last year, she met with Philip Borel.

The numbers are in, and despite the feeling among US VCs that the stock market remains a poor exit option, 2006 saw a larger amount raised through venture-backed IPOs than the previous year. Dave Keating reports.

As Pacific Corporate Group loses clients, its owner continues to explore change.

As Pacific Corporate Group loses clients, its owner continues to explore change.

The rise of infrastructure investing is creating a hot private equity play.

The numbers are in, and despite the feeling among US VCs that the stock market remains a poor exit option, 2006 saw a larger amount raised through venture-backed IPOs than the previous year. Dave Keating reports.

Recent developments in the direct secondary market anticipate a more positive future for European early stage capital, writes Jo Nash.

The SEC's attempt to update Reg D should include dropping the ‘general solicitation’ ban on fundraisers.

As Pacific Corporate Group loses clients, its owner continues to explore change.

The SEC's attempt to update Reg D should include dropping the ‘general solicitation’ ban on fundraisers.

Recent developments in the direct secondary market anticipate a more positive future for European early stage capital, writes Jo Nash.

On the south side of the equator and east of the Atlantic lies a country that some private equity heavyweights increasingly consider to be a hidden gem.

Lawyers have notoriously itchy feet, as the esteemed fund franchise of SJ Berwin has discovered.

Lawyers have notoriously itchy feet, as the esteemed fund franchise of SJ Berwin has discovered.

The SEC's attempt to update Reg D should include dropping the ‘general solicitation’ ban on fundraisers.

On the south side of the equator and east of the Atlantic lies a country that some private equity heavyweights increasingly consider to be a hidden gem.

New accounting rules in China could make life a lot easier for private equity firms.

German industry and private equity have not always made easy bedfellows. A recent deal suggests they're getting closer.

German industry and private equity have not always made easy bedfellows. A recent deal suggests they're getting closer.

Lawyers have notoriously itchy feet, as the esteemed fund franchise of SJ Berwin has discovered.

New accounting rules in China could make life a lot easier for private equity firms.

Despite celebrity endorsement, the offer for Australian airline Qantas is far from being to everyone's liking.

Amid the prospect of less buoyant times, investors in private equity are more enthusiastic than ever.

Amid the prospect of less buoyant times, investors in private equity are more enthusiastic than ever.

German industry and private equity have not always made easy bedfellows. A recent deal suggests they're getting closer.

Despite celebrity endorsement, the offer for Australian airline Qantas is far from being to everyone's liking.

Professional investors in private equity funds should do more to explain the benefits of the asset class to its detractors.

The head of the new Private Equity Council is a former video game defender.

Professional investors in private equity funds should do more to explain the benefits of the asset class to its detractors.

FIRST ROUND 2007-02-01 Staff Writer A flurry of excitement rippled through PEI's offices at the back end of last year as some of the usual LBO suspects announced they had clubbed together to buy Warsaw-based orthopedic products firm Biomet. After all, at $10.9 billion (€8.3 billion), was this not the largest

Amid the prospect of less buoyant times, investors in private equity are more enthusiastic than ever.

The head of the new Private Equity Council is a former video game defender.

The rise of infrastructure investing is creating a hot private equity play.

FIRST ROUND 2007-02-01 Staff Writer A flurry of excitement rippled through PEI's offices at the back end of last year as some of the usual LBO suspects announced they had clubbed together to buy Warsaw-based orthopedic products firm Biomet. After all, at $10.9 billion (€8.3 billion), was this not the largest

Editor's letter 2007-02-01 Staff Writer Much has been written of private equity's good fortune in recent months to be able to attract some of the highest-octane executives to portfolio companies. Firms have been able to accomplish this in part because they have so much more money in play, but also because of

Professional investors in private equity funds should do more to explain the benefits of the asset class to its detractors.

The rise of infrastructure investing is creating a hot private equity play.

Editor's letter 2007-02-01 Staff Writer Much has been written of private equity's good fortune in recent months to be able to attract some of the highest-octane executives to portfolio companies. Firms have been able to accomplish this in part because they have so much more money in play, but also because of

FIRST ROUND 2007-02-01 Staff Writer A flurry of excitement rippled through PEI's offices at the back end of last year as some of the usual LBO suspects announced they had clubbed together to buy Warsaw-based orthopedic products firm Biomet. After all, at $10.9 billion (€8.3 billion), was this not the largest

Editor's letter 2007-02-01 Staff Writer Much has been written of private equity's good fortune in recent months to be able to attract some of the highest-octane executives to portfolio companies. Firms have been able to accomplish this in part because they have so much more money in play, but also because of

Nicholas Lockley, editor of PrivateEquityOnline.com, looks through his online window on the industry.

Thompson Dean, formerly the head of Credit Suisse First Boston's private equity arm DLJ Merchant Banking, formed New York-based private equity firm Avista Capital Partners in 2005. He brought with him to the new firm 15 of his Credit Suisse colleagues. Avista focuses on the US, primarily in the energy, healthcare and media industries. Avista's most recent acquisition came in December, when the firm bought The Star Tribune Company, a Minnesota-based media group, from newspaper publisher The McClatchy Company for $530 million (€399 million). The Star Tribune Company consists of the Star Tribune, which is the largest newspaper in the Twin Cities area with a daily circulation of approximately 360,000, as well as the newspaper's digital affiliate, StarTribune.com.

From toll roads in Australia to airports in the UK, infrastructure has become one of the fastest growing asset classes in the world. As private equity firms look to capitalise on the trend, financial and political challenges loom large. By Paul Fruchbom.

The Private Equity Council, the recently formed trade association that plans to present a kinder and gentler face of private equity to the public and politicians, faces challenges worthy of super spy Ethan Hunt of Mission Impossible fame. By Tom Franco.

Below is a selection of venture capital groups active in Ireland:

For many investors, Irish venture capital is a niche industry within European private equity. However, recent developments anticipate a bright future for the market, writes Jo Nash.

As the renewable energy sector prepares for its biggest ever year, one private equity firm looks well positioned to take advantage. By James Taylor.

2006 might be remembered as the year when private equity interest in the energy sector exploded, but there are signs that the boom is only just beginning. James Taylor reports.

Smaller funds are introducing potential investors to comparative economics.

Through higher fees and more carry on ever-larger funds, LBO groups are cashing in on their unprecedented popularity. This side of a downturn, LPs must grit their teeth and pay up. Andy Thomson reports.

Your firm has grown and you need more talent. If you haven't done a good job building a deep bench, be prepared to pay big bucks for someone else's investment pro. David Snow surveys the competitive market for private equity human capital.

Over the past decade, France-based AXA Private Equity has grown into a global private equity investor with more than€10 billion of capital under management. Dominique Senequier is in charge. Late last year, she met with Philip Borel.

As Pacific Corporate Group loses clients, its owner continues to explore change.

The numbers are in, and despite the feeling among US VCs that the stock market remains a poor exit option, 2006 saw a larger amount raised through venture-backed IPOs than the previous year. Dave Keating reports.

The SEC's attempt to update Reg D should include dropping the ‘general solicitation’ ban on fundraisers.

Recent developments in the direct secondary market anticipate a more positive future for European early stage capital, writes Jo Nash.

Lawyers have notoriously itchy feet, as the esteemed fund franchise of SJ Berwin has discovered.

German industry and private equity have not always made easy bedfellows. A recent deal suggests they're getting closer.

On the south side of the equator and east of the Atlantic lies a country that some private equity heavyweights increasingly consider to be a hidden gem.

New accounting rules in China could make life a lot easier for private equity firms.

Amid the prospect of less buoyant times, investors in private equity are more enthusiastic than ever.

Despite celebrity endorsement, the offer for Australian airline Qantas is far from being to everyone's liking.

Professional investors in private equity funds should do more to explain the benefits of the asset class to its detractors.

The head of the new Private Equity Council is a former video game defender.

FIRST ROUND 2007-02-01 Staff Writer A flurry of excitement rippled through PEI's offices at the back end of last year as some of the usual LBO suspects announced they had clubbed together to buy Warsaw-based orthopedic products firm Biomet. After all, at $10.9 billion (€8.3 billion), was this not the largest

The rise of infrastructure investing is creating a hot private equity play.

Editor's letter Staff 2007-02-01 Writer Much has been written of private equity's good fortune in recent months to be able to attract some of the highest-octane executives to portfolio companies. Firms have been able to accomplish this in part because they have so much more money in play, but a