Private Equity
Private equity and venture capital-focused lender Silicon Valley Bank has opened a full-service commercial banking operation in London, the first US bank to do so in more than five years.
2 min read · 06 January 2013
Following a strong first quarter of 2012 that saw ‘wide open’ capital markets in the US and Canada, lending has taken a significant hit, largely due to continued uncertainty in Europe.
2 min read · 06 January 2013
London-headquartered Kreos Capital, which has promoted chief operating officer Simon Hirtzel to general partner, is targeting €200m for its latest ‘growth debt’ fund.
2 min read · 06 January 2013
Africa-focused firms are building on the promise shown by the continent’s private equity industry last year, with a trio of deals by Ethos, Duet Group and Emerging Capital Partners helping to kickstart dealmaking this month.
2 min read · 06 January 2013
The banking group has acquired a minority stake in agri-business Export Trading Group, demonstrating the private equity team’s confidence in the region.
2 min read · 06 January 2013
The US financial regulator has been watching how GPs value investments, which includes examinations of track records GPs use when trying to attract LPs into new funds.
2 min read · 06 January 2013
Warburg Pincus has become the latest firm to announce a raft of internal promotions as private equity firms strive to hang on to homegrown talent and incentivise key personnel.
1 min read · 06 January 2013
Kuwait-based NBK Capital continues to successfully realise investments, following its sale of Aras Cargo in December with the sale of Saudi Arabian group Hanco for a 2x return as the firm prepares to launch its next fundraising.
1 min read · 06 January 2013
Emerging markets-focused investment group Actis, which remains in negotiations with the UK government over the 40% of the business still owned by state agency DfID, has promoted three of its executives to partner.
2 min read · 06 January 2013
The veteran venture capital firm raised the fund with the backing of both new and former investors. Fund IX will focus on the technology and healthcare sectors.
1 min read · 06 January 2013