Private Equity
The Africa-focused firm has acquired 25% of an insurance and banking group in the Cote d’Ivoire in a deal worth just under $50m. ECP is currently raising its third pan-African fund with a target of $1bn.
2 min read · 05 January 2013
New guidelines announced by the Financial Accounting Standards Board, in response to recent pressure amid increasing write-downs and stock drops, will give GPs more room to maneuver in pricing investments.
2 min read · 05 January 2013
The Ministry of Knowledge Economy has backed the Korean manager's second mid-market fund, which aims to raise $500m.
2 min read · 05 January 2013
The private equity firm is planning a £20m debt for equity swap as it looks to retain control of UK publisher Incisive Media.
1 min read · 05 January 2013
Kamil Salame, former partner with DLJ Merchant Banking and managing director with Credit Suisse, will head up CVC’s financial institutions group from the US. The firm launched its financial institutions team last year.
2 min read · 05 January 2013
The Toronto-based private equity firm has also opened an office in Dubai to help it 'take a closer look at opportunities internationally’.
2 min read · 05 January 2013
Canadian online parenting platform Kaboose has sold its UK operations, Bounty Group, to Barclays Private Equity as well as around $18m worth of US assets to Disney Online. The media firm said it had had 'a difficult year'.
1 min read · 05 January 2013
The government’s auto industry task force rejected a restructuring plan put forth by Cerberus Capital Management-backed Chrysler as part of its government bailout. The task force said a quick restructuring in bankruptcy may be the company's best chance for survival.
3 min read · 05 January 2013
CapDyn’s choice to acquire HRJ expands its products, while helping the fund of funds out of hot water, writes Amanda Janis.
3 min read · 05 January 2013
The second largest securities brokerage in Japan is putting plans in place to expand its real estate business and launch a private equity fund, according to media reports.
2 min read · 05 January 2013
