Private Equity
Increased realisations, fewer deals and careful portfolio management in the face of macro uncertainty were the main themes conveyed in 3i Group's interim statement.
2 min read · 06 January 2013
European private equity activity collapsed to its lowest level in 15 years in the fourth quarter last year, highlighting the impact of all the economic uncertainty in the latter half of 2011.
3 min read · 06 January 2013
The investment arm of the World Bank and the UK government are investing a combined $153m to kick-start the IFC Climate Catalyst Fund, described as a private equity fund of funds targeting clean energy projects across the world.
1 min read · 06 January 2013
The European buyout group plans to re-finance wealth management firm Quilter at a later stage, having acquired the business from Morgan Stanley in a deal worth about £175m.
2 min read · 06 January 2013
Cinven has agreed to acquire patent software provider CPA Global for £950m. ICG made its largest equity investment – about £37m – in CPA Global in 2010.
2 min read · 06 January 2013
Former 3i Group managing partner and head of venture capital Jo Taylor has been recruited to lead Ontario Teachers’ direct investment unit in Europe, the Middle East and Africa.
2 min read · 06 January 2013
IK Investment Partners has promoted two of its younger executives to partner in recognition of their contribution to the firm’s success, while UK firm Bridges Ventures has also raised three of its team to partnership.
2 min read · 06 January 2013
At an invitation-only event in Monaco, the KKR co-founder said that low interest rates and a lack of capital offer 'enormous' opportunities for private equity.
4 min read · 06 January 2013
How pay rules should apply to private fund managers and whether it’s smart to keep dealmakers separate from a risk oversight team are among the questions now being considered by the UK’s Financial Services Authority.
2 min read · 06 January 2013
UK-based financial services specialist AnaCap Financial Partners has met its target for its second credit opportunities fund, raising €318m in five months as investors eye opportunities to invest in European loans.
2 min read · 06 January 2013