Commentary

Private Advisors Takes Small-Market Strategy Abroad

Eleven-year-old Private Advisors has struck on a formula that's working so well, it’s going global with it.

Deal-makers Become Debt Arrangers

Refinancings arranged in February

Sports Group

Gresham exits PIMS

Foresight wins VCT mandate

Possible VCT merger on the cards

LBO Syndications arranged in February

API, Aston Martin, Biffa, Coor, Drie Mollen, EMAP, Etanco, IDH, Migros, SAG

Bowmark’s speedy fund raising

Making the most of a burgeoning investor appetite for the mid-market, UK-focused private equity firm Bowmark Capital LLP has reached a final close on its most recent fund, Bowmark Capital Partners IV with total commitments of £265m.

All smiles for Merrill Lynch in dentist deal

Merrill Lynch Global Private Equity (MLGPE) has acquired Integrated Dental Holdings (IDH), the UK's largest owner of dental practices, from LGV Capital for an undisclosed amount, although reports put the price at somewhere between £250m and £300m.

Measuring LBO risk

Paul Watters, director and head of Standard & Poor’s European Loan and Recovery Ratings, explains why proper benchmarking of risk based on credit quality - as happens in the US - would help reignite activity in the primary leveraged loan market across Europe.

Investindustrial closes €1bn fourth fund