Private Equity
<p>Delegates at the 2005 European Private Equity Real Estate Forum gathered in London this week to discuss the development of a small but growing European asset class: private equity real estate, or PERE. </p> <p> </p>
3 min read · 04 February 2013
<p>Stepping through the doors of London’s Hilton Metropole hotel for the opening day of the 2005 EVCA Symposium, one was met by the soothing strains of the kind of background music so typical of hotel foyers the world over. By the end of the day though, delegates may have been more in the mood for the pounding rhythms of “Feelin’ hot, hot, hot”. </p> <p> </p>
4 min read · 04 February 2013
<p>The most important assets in private equity are people. Key men and women throughout the industry are not just helping to deliver superior returns on the funds they manage but are also advancing the cause of private equity amongst the investor community, amongst regulators and government agencies – and even amongst those labelled: “the general public.” </p> <p> </p>
3 min read · 04 February 2013
<p>Buyout firms are most times control freaks: they expect to take majority positions in companies – and for very good reason. </p> <p> </p>
3 min read · 04 February 2013
<p><font face="Calibri"><font face="Times New Roman">T</font>he private equity industry is blessed to be inherently long-term in investment outlook, but rather cursed to find itself increasingly dependent on a broader investment market that is built around short-term performance measurement. </font> </p> <p> </p>
2 min read · 04 February 2013
<p>What’s the future of the buyout industry? Easy. Currently the most widespread view of the industry’s evolution is this: private equity is going where investment banking has gone before it. As a result, a very small number of very large, global LBO players are set to dominate, attracting the vast majority of institutional capital being allocated to the asset class. </p> <p> </p>
3 min read · 04 February 2013
<p>Among fans of cricket, Australians are acknowledged to do well away from home. As the latest Ashes series between England and Australia commenced yesterday at the Lord’s ground in London, it was in the expectation that the visitors would stand a good chance of maintaining an unbeaten run at the venue stretching all the way back to 1934. </p> <p> </p>
3 min read · 04 February 2013
<p>These are halcyon days for the US high yield market. Take yesterday’s announcement that technology group SunGard had successfully raised a $3 billion (€2.5 billion) junk bond in support of the $11.3 billion buyout of the company that took place in March this year by a seven-strong consortium of private equity firms, led by Silver Lake Partners.</p> <p> </p>
3 min read · 04 February 2013
<p>How many institutional investors in need of yield coughed into their cornflakes recently when they read what was currently being generated in private equity and other non-mainstream asset classes? </p> <p> </p>
3 min read · 04 February 2013
<p>Statistics will tell you that the Chinese venture capital market is still in its early throes of development. Last year, according to a survey by IndUS Business Journal, US companies raised just over $20 billion from early-stage investors, compared with a little more than $1 billion raised in China. But there is sufficient anecdotal evidence that the Chinese dragon is stirring. </p> <p> </p>
3 min read · 04 February 2013
