Private Equity
The founder of Apax Partners is courting investors for a new alternative asset management business, Portland Capital, reportedly in partnership with Lord Rothschild.
1 min read · 03 January 2013
ECI Partners has sold luxury holiday provider Kirker Travel in a deal that doubled its investment, netting a 22 per cent IRR over four years.
1 min read · 03 January 2013
AA Capital, a Chicago and Detroit fund of funds manager that spun out of ABN AMRO in 1995, has been hit with an SEC restraining order pending an investigation into charges that the firm stole at least $10.7m from labour-union LPs. The firm has ties to eleven well known private equity firms, as well as to a Detroit strip club and the rap producer Shorty Capone.
3 min read · 03 January 2013
Abraaj Capital is in negotiations with United Arab Emirates investment firm Al Qudra Holdings regarding the sale of a major stake in the Dubai-based private equity firm.
1 min read · 03 January 2013
Two private equity firms, one in Hong Kong, and the other in London, are poised to take a controlling stake in a mobile phone operator in New Zealand that has been attempting to break the country’s duopoly.
1 min read · 03 January 2013
Baring Private Equity Asia has raised $490 million in a new Asia-focused fund that will be seeking opportunities in Japan for the first time, founding partner and chief executive officer, Jean Eric Salata tells PEO.
2 min read · 03 January 2013
Pantheon Ventures has bought the limited partners interests in two venture capital portfolios from Italy’s Cdb Web Tech, including 90 venture capital funds and eight direct investments.
2 min read · 03 January 2013
US turnaround specialist has bought two automotive suppliers – one German, the other Japanese – for $305 million as US billionaire Wilbur Ross continues to extend his global exposure in the sector.
2 min read · 03 January 2013
Caste Harlan and its Australian affiliate CHAMP have merged several barley malting companies to form a new global company with $400 million in revenues.
1 min read · 03 January 2013
3i and Star Capital Partners have sold Swiss aircraft maintenance company SR Technics to a consortium of investors from the United Arab Emirates for €1 bn.
2 min read · 03 January 2013