Private Equity
Contrary to critics’ claims that private equity houses mislead investors by overvaluing their assets, GPs are if anything ‘too conservative’, according to research from trade body the BVCA.
1 min read · 05 January 2013
Ireland and Paul Capital are exiting their stakes in venture fund of funds Paul Capital Investments. The Bank of Ireland has committed to selling off its non-core asset management businesses.
2 min read · 05 January 2013
LDC, the captive private equity arm of Lloyds TSB Banking Group, has maintained its recent deal-making spree with two acquisitions, taking its deployed capital in 2011 alone to £163m.
2 min read · 05 January 2013
The private equity firm has partially exited its holding in Norma Group, which raised more than €386m in its IPO on the Frankfurt Stock Exchange.
3 min read · 05 January 2013
A reworking of the country’s domestic tax system could lead to a 30 percent tax on carried interest. Shefali Goradia, partner at Indian tax advisory firm BMR Advisors spoke to PEI about the risks facing foreign investors, local managers and Mauritius-domiciled funds.
3 min read · 05 January 2013
Two private equity firms have halted plans to float vacuum equipment maker Edwards on the London Stock Exchange.
1 min read · 05 January 2013
The UK-listed firm has hired Marcelo Di Lorenzo from Standard Bank Private Equity to head 3i's four-person team in Sao Paulo.
2 min read · 05 January 2013
KKR’s mezzanine group, led by Fred Goltz, has been partnering with other private equity firms on mezzanine deals, but may put more focus into finding non-sponsored transactions this year.
3 min read · 05 January 2013
The mid-market firm had expected US stimulus dollars would boost its investment in D.S. Brown but saw 'very little benefit' from the stimulus. Still, revenues rose 35% over its investment period.
2 min read · 05 January 2013
Michael Kalb, senior managing director at US buyout firm Sun Capital Partners, has moved to London to head up the firm’s European arm.
1 min read · 05 January 2013
