Private Equity
The India Financial Inclusion Fund has raised $58m to date for a microfinance vehicle targeting total commitments of $100m.
1 min read · 05 January 2013
The UK- and Italy-focused Merrill Lynch spin-out will pay £17m for a 40% stake in Panmure Gordon, a 133-year-old mid-cap stockbroker and investment bank.
2 min read · 05 January 2013
The private equity fund managers have been allocated £30m each as part of the Capital for Enterprise Fund Managers funded Real Help for Business scheme launched by the UK government in January.
1 min read · 05 January 2013
A £30m management buyout of hardware retailer Robert Dyas has been finalised. It draws a line under a six month restructuring dialogue and sees Change Capital walk away from its £28m investment.
1 min read · 05 January 2013
Barclays' private equity arm is continuing talks with its parent about a possible spin-out, though contrary to media reports, sources say investors in Barclays Private Equity funds have as yet not been involved.
2 min read · 05 January 2013
The European development finance institution has committed to funds from two Central European mezzanine specialists: Mezzanine Management and Syntaxis. It has also approved a €20m commitment to a special situations fund.
2 min read · 05 January 2013
The growth capital firm has led a €15m funding round into members-only shopping website BuyVIP which sells discount designer goods.
1 min read · 05 January 2013
The proposed private equity fund will be managed by Prescient Fieldstone Investment Management and target final commitments of $500m. A first close is scheduled on $150m.
2 min read · 05 January 2013
The US firm has been deploying cash consistently throughout the past month, most recently having invested $160m to acquire the ice-making business of Manitowoc. It is also set to exit electronic payment firm Metavante, which will be merged with Fidelity National Information Services to create a $10bn enterprise.
2 min read · 05 January 2013
In its third lawsuit in six years, Levine Leichtman has claimed Apollo failed to mark down assets used to collateralise its debt.
2 min read · 05 January 2013
