Private Equity
One of the year’s oddest private equity stories emerged in the UK recently, with news that some unidentified miscreants have been attempting to finagle cash out of unwitting retail investors by pretending to be US behemoth Kohlberg Kravis Roberts.
2 min read · 19 September 2013
Our hero reports on his summer holiday - aka a portfolio monitoring exercise - and delights in the fact that he gets to value his own deals.
3 min read · 19 September 2013
Chief investment officer of 3i Simon Borrows (pictured), formerly an investment banker at Greenhill & Company, will reportedly replace 3i chief executive officer Michael Queen.
2 min read · 08 February 2013
AnaCap Financial Partners has met its £350m hard cap for its second credit opportunities fund, which raised almost six times as much capital as its first 2010-vintage debt investment vehicle.
2 min read · 08 February 2013
Lloyds Bank has promoted six professionals in four of its European offices, including former senior director Mark Craig, now a managing director in London.
2 min read · 08 February 2013
Private equity firms in the UK have recently filled a gap of investment in local companies left from strategic buyers that are conserving capital.
2 min read · 08 February 2013
Less than a year after The Blackstone Group was roundly blamed – somewhat unfairly – for the troubles at former portfolio company Southern Cross, Terra Firma has acquired another care homes group, Four Seasons Health Care, for £825m.
2 min read · 08 February 2013
UK development finance institution CDC Group saw a swing of £341m from profitability in 2010 to a £72m loss last year, despite putting more capital to work in developing countries last year.
2 min read · 08 February 2013
The mid-market firm is targeting growth-oriented companies in the business services, healthcare and education sectors.
1 min read · 08 February 2013
At least a quarter of companies in Europe whose collective €133bn debt is due to mature within the next two to three years will default, warns Moody’s Investor Services, despite efforts to refinance the sizeable loan book.
3 min read · 08 February 2013
