Private Equity
The bank’s transition into asset-based lending for private equity-backed deals could be part of a niche financing trend for medium sized banks, says Amalgamated investor Wilbur Ross.
2 min read · 06 January 2013
After only six months on the market, the Baltimore- and San Francisco- based firm has closed its seventh fund, which offers LPs an attractive ‘European-style’ distribution.
2 min read · 06 January 2013
Thibaut de Chassey (pictured) and Edouard Thomazeau, two former partners at AtriA Capital Partenaires who left the group in April, have launched their own firm, Atlon Capital Partners.
1 min read · 06 January 2013
EQT and Goldman’s sale of Danish services group ISS has collapsed after shareholders in G4S, the acquirer, vetoed the £5.2bn deal.
2 min read · 06 January 2013
The firm is understood to be pre-marketing its third vehicle, which will target slightly less than Wayzata’s second fund that raised $3.3bn in 2008.
1 min read · 06 January 2013
A German tax case has raised questions around the tax treatment of foreign funds.
3 min read · 06 January 2013
CIO Larry Schloss (pictured) and private equity head Barry Miller are working to re-position the $120bn system's programme to commit more money to fewer managers.
3 min read · 06 January 2013
Financial development institution CDC is the anchor investor in a new fund dedicated to India’s eight poorest states. The Pragati Venture and Incubator Fund is the first ever to concentrate on the country’s poorest areas.
2 min read · 06 January 2013
UK-based Matrix and alternative asset manager Foresight Group have generated a 32x return on their investment in software company App-DNA, which was spun-out from one of its other portfolio companies.
2 min read · 06 January 2013
The New Jersey Division of Investment has committed $300m to TPG Capital, a longstanding relationship for the pension, and $200m to three other managers.
2 min read · 06 January 2013