Private Equity
The investment is likely to be the last by the firm’s Expansion Capital Fund II, a 2007 vintage now close to 80% invested.
2 min read · 21 September 2013
The UK-based group has bought Blockbuster’s UK arm out of administration, promising to ‘bring new life’ to the film and game rental business.
1 min read · 21 September 2013
The £1.2bn flotation of the UK’s fifth largest motor insurer has resulted in a big win for the UK deal-by-deal specialist – and more than doubled the money of co-owner Electra Partners.
2 min read · 21 September 2013
The firm has lost a group of executives in recent months, including Montagu's head of investment activity in Germany Peter Kroha and industry veteran Alex Shinder, who spent 20 years at the firm.
3 min read · 21 September 2013
The Kansas Public Employees Retirement System increased its private equity allocation target from 5% to 8% late last year, according to documents.
1 min read · 21 September 2013
Private equity professionals expect an increase in transactions this year, according to recent research, although many believe the pick-up will remain limited to a few sectors and medium-sized assets.
2 min read · 21 September 2013
LPs can choose a 1.75% management fee and 25% carried interest, or a 1% fee and 30% carry in KPS' Fund IV, which is targeting $3bn.
2 min read · 21 September 2013
The UK-focused firm, which is expected to go to market with Fund IV next year, has hired former Duke Street executive Monica Bergvall.
2 min read · 21 September 2013
Mid-market GPs have consistently outperformed the broader private equity market in Europe over a long period of time.
2 min read · 21 September 2013
Morgan Stanley executive Barry Kenneth will oversee investments for the UK’s £13bn Pension Protection Fund, which allocates 20% to alternative assets.
2 min read · 21 September 2013