Private Equity
A US appeals court decision related to Sun Capital has raised questions over when a GP is liable for a bankrupt portfolio company's pension plan.
2 min read · 19 September 2013
A boost in refinancings saw the UK private equity market raise €7.4bn of debt in the first half of 2013 – up 73% on last year – while Q2 remained the second highest quarter on record for European high-yield bond issuance.
2 min read · 19 September 2013
Tax documentation covering Archer Capital's 2011 secondary sale of MYOB has been requested in an ongoing legal dispute between Archer and Sage Group.
3 min read · 19 September 2013
The revelation that an LP commitment to Accel Partners' 2009 fund makes the church an indirect investor in Wonga, a payday loan provider it has publicly criticised, has prompted the church to review its entire portfolio.
2 min read · 19 September 2013
The pension system plans to commit $1 billion to private equity and venture capital this year, so far it has committed $472 million.
2 min read · 19 September 2013
GPs are bolstering their back office staff in order to meet the requirements of the AIFMD and avoid reputational risk for non-compliance.
2 min read · 19 September 2013
The Zug-based firm exceeded its €250m target and saw a re-up rate that was ‘significantly above 100%’, according to Invision’s managing partner Frank Becker.
2 min read · 19 September 2013
Top quartile GPs outperform public markets, fresh research shows, but when looking at averages across the industry, gross private equity returns are on par with public markets.
2 min read · 19 September 2013
The Spanish firm, which merged with rival Mercapital earlier this year, is aiming to collect €150m for investments in mid-market public equities.
2 min read · 19 September 2013
The energy division of private equity shop Ridgewood Companies has already raised $449.5m toward its second oil and gas vehicle.
1 min read · 19 September 2013