Private Equity
A widening range of provisions for bad loans coupled with a low level of realisations hurt ICG’s full-year profit performance, but it was a record year for fundraising and AUM growth.
2 min read · 20 September 2013
The firm’s co-founders will reduce their stakes in the business from 14.4% each to as little as 13.4% each as part of a secondary offering.
2 min read · 20 September 2013
The Luxembourg-listed firm also is in the market with another fund of funds with a $400m target, for which it held a first close on $80m in January.
3 min read · 20 September 2013
The TMT-focused investment bank is raising $100m for its first alternative investment fund, which will focus on early stage opportunities in China.
2 min read · 20 September 2013
The London-listed firm has narrowed its NAV discount by 42% in the 12 months to end February amid signs of recovery for the listed private equity sector.
2 min read · 20 September 2013
The private equity firm is buying an 80% stake in CSS Corp for $275m becoming one of the few GPs that have managed to close a buyout deal in the country.
2 min read · 20 September 2013
The US lobbying group has sent two letters to US lawmakers in a bid to sway opinion on carried interest and partnership taxation.
2 min read · 20 September 2013
The global private equity firm is selling its interest in the Australian media company due to fund term and currency pressures.
3 min read · 20 September 2013
The Chinese conglomerate is hoping to establish relationships with institutional investors and is reportedly planning a $300m first close next month.
3 min read · 20 September 2013
The healthcare-focused firm is targeting slightly more than its $400m Fund II to invest in businesses in the US and Western Europe.
2 min read · 20 September 2013