Western Europe

European, emerging markets distributions soar

Realisations from 2005-2007 vintage funds – boosted in part by Europe’s improving debt markets – caused a significant spike in third quarter realisations, according to data released this week by Cambridge Associates.

Indonesia's consumer sector ripe for growth

Indonesia's natural resources story has been attractive to private equity, but focus is turning to consumer-related businesses, according to a panel of Indonesia specialists at PEI’s Asia forum in Hong Kong.

UK to review outdated LP rules

Chancellor George Osborne said in his budget speech Wednesday the government will ‘make changes to limited partnerships to more effectively accommodate their use for private equity investments’.

Avenue’s Lasry may get ambassadorship

It is unclear what co-founder Marc Lasry’s departure would mean for Avenue Capital. Pensions documents list him as a key man on the firm’s most recent special situations fund.

Five Minutes with Jan Kühl

Polaris Private Equity’s managing partner Jan Kühl talks to PEI about the investment climate in Scandinavia.

Bank of England warns of systemic risk from private equity

Private equity-owned companies unable to repay pre-crisis leveraged loans could lead to widespread defaults, according to the Bank of England - although it also said the industry could play a role in restructuring companies in difficulty.

3i sells Giraffe to Tesco for £49m

The exit from the UK restaurant chain is 3i’s third of 2013, as the London-listed group aims to improve its disposal activity compared with last year.

Robeco spin-out eyes €100m FoF

Peter Verleun and Ad van den Ouweland have launched MKB Multifunds, which will back Dutch SME-focused funds and incorporate a social impact component to calculate carry.

Chinese companies can get 'beat up' abroad

China’s cross-border deals can go sour without local knowledge, according to Mandarin Capital, which has facilitated 10 deals between Chinese and Italian companies.

Bamboo in Asia investment & fundraising push

The microfinance-focused PE firm is one of the co-investors in Philippine company Bridge, and is in the process of launching two funds with increased focus on Asia.