Private Equity
The sale of personal care retailer Polbita by Strategic Value Partners, five years after the firm acquired its parent company, demonstrates that successful turnarounds are possible with a little patience.
2 min read · 06 January 2013
UK Defence Secretary Liam Fox has been forced to admit he was aware of a legal battle between a US company and a private equity firm working with his department, although he denies further involvement.
2 min read · 06 January 2013
The industry’s European lobbying arm has welcomed the continent’s proposal for a venture capital marketing passport, saying it would help drive growth in the struggling region.
2 min read · 06 January 2013
The total value of private equity-backed deals is on pace to beat last year’s total of €55bn while exits are headed up, according to research from the Centre for Management Buy-out Research.
2 min read · 06 January 2013
Leon Black-led Apollo -- which has approximately $10bn in dry powder -- believes the volatile markets could be rife with opportunities.
3 min read · 06 January 2013
HarbourVest Partners is poised to grow its AUM with the $806m acquisition of listed Swiss peer Absolute Private Equity.
3 min read · 06 January 2013
The listed fund of funds reported strong earnings in the first half but is not yet ready to start committing to new funds.
2 min read · 06 January 2013
In a controversial case that cast doubts over how the UK would interpret its double tax treaty with the US, Harbourvest boss George Anson failed to convince a UK tribunal he was taxed twice on his US-sourced profits.
2 min read · 06 January 2013
The commitment would represent a new manager relationship for the $8.1bn pension, which has a 4.5% target allocation to buyout and growth capital investments.
2 min read · 06 January 2013
Former lawyer Thomas Chevalier, who most recently worked on an investment fund for Russia's Gazprombank, has joined SL Capital Partners as an investment director, with an additional mandate to advise on regulatory issues.
2 min read · 06 January 2013
