Private Equity
Tungsten Corporation, which is led by Duke Street founder Edmund Truell and will focus on tapping into the global e-commerce network, was "significantly oversubscribed" on its admission to London's junior market.
2 min read · 23 October 2013
The deal comes as the state-backed Russian Direct Investment Fund believes growth in the Russian economy means it’s the right time to invest in the telecom sector.
2 min read · 23 October 2013
Unite has called for taxation reform for private equity-backed business, as well as an investigation into KKR-backed Alliance Boots, which it claims has avoided at least £1.12bn in tax.
4 min read · 23 October 2013
The sale of the feminine hygiene brand, which is understood to have generated a ‘close to 1.5x return’, is Electra’s third exit this year after making 15x on Allflex and 3x return on Esure.
2 min read · 23 October 2013
The merger between Greenpark Capital and StepStone Group comes after the Marleen Groen-led firm struggled to raise its latest secondaries fund.
2 min read · 09 October 2013
The Sir Peter Burt-led firm, which aims to collect £150m for distressed and special situations in the UK lower mid-market, hopes to wrap up fundraising by the end of the first quarter of 2014.
2 min read · 09 October 2013
Private equity firms in India that bought assets before 2010 will not be taxed retroactively under GAAR, although further interpretation is now needed on some new terms.
3 min read · 09 October 2013
The biggest five private equity deals in Europe had a combined value of €10 billion in Q3 – more than half the total for the region.
2 min read · 09 October 2013
The social impact-driven firm has closed its third Sustainable Growth Fund on £125m, above its £100m target, after attracting new investors including the European Investment Fund and the London Pensions Fund Authority.
3 min read · 09 October 2013
The investment comes as Avista seeks $2bn for its third fund and Nordic targets €3bn for its Fund VIII.
2 min read · 09 October 2013
