Private Equity
The $12bn system is reviewing a new strategic plan that could see LACERS invest more in distressed debt and consider secondary sales of non-core investments.
2 min read · 20 September 2013
Amid signs that the European crisis is increasingly taking its toll on Central & Eastern Europe, PEI went to Warsaw to ask three industry experts whether the timing is right to reconsider investing in the region – and found a number of reasons for local GPs to be optimistic.
10 min read · 20 September 2013
In just three years, Synova Capital helped reposition dental services business dbg, tripling EBITDA in the process and generating a 77% IRR on exit. By Vicky Meek
5 min read · 20 September 2013
Just weeks after paying fellow private equity firm AnaCap £800m for the UK debt business, JC Flowers has sold a majority stake for £128m to Encore Capital.
1 min read · 20 September 2013
The former director of the CIA will work alongside KKR’s head of public affairs and head of asset allocation on both public policy issues and portfolio company due diligence.
2 min read · 20 September 2013
Capital abounds for private equity deals of all sizes in North America, but new M&A has yet to take off
5 min read · 20 September 2013
The Chinese powerhouse has acquired Alma Lasers for an enterprise value of $220m, Israel's largest-ever technology acquistion by a Chinese buyer.
2 min read · 20 September 2013
The mid-market firm exceeded its $600m target after more than a year in market and has invested roughly 20% of the fund in three investments.
1 min read · 20 September 2013
The Oregon Investment Council authorised an additional commitment to KKR’s North America Fund XI ‘for more favourable fee arrangements’. The system committed $525m to the fund in 2011.
1 min read · 20 September 2013
The deal will generate a return multiple of roughly 3x for Warburg, which acquired the company in 2007 for about $3.67bn.
2 min read · 20 September 2013