Private Equity
Merrill Lynch Global Private Equity has shut down its Tokyo office four years after setting up there. The firm has not closed a deal in Japan.
2 min read · 05 January 2013
The troubled buyout firm has created the position of general counsel. Philip Price, who fills the role, was formerly the head of operations for SRM Global, a hedge fund group that sued the UK government over the Northern Rock crisis.
2 min read · 05 January 2013
The Chicago-based private equity firm’s $200m acquisition of Entertainment Rights’ subsidiaries gives it control over popular children’s characters like Frosty the Snowman, He-Man and Casper the Friendly Ghost.
1 min read · 05 January 2013
A drastic drop in year-on-year deal value is 'less a judgement on private equity as an investment class but instead reflects events beyond our control', according to the New Zealand Private Equity & Venture Capital Association.
2 min read · 05 January 2013
Nick Gaynor, Deutsche Bank’s head of financial sponsor coverage for the EMEA region, has joined the subsidiary alternatives firm to lead its charge into direct and co-investments.
1 min read · 05 January 2013
The Africa-focused firm has acquired 25% of an insurance and banking group in the Cote d’Ivoire in a deal worth just under $50m. ECP is currently raising its third pan-African fund with a target of $1bn.
2 min read · 05 January 2013
The private equity firm is planning a £20m debt for equity swap as it looks to retain control of UK publisher Incisive Media.
1 min read · 05 January 2013
The European buyout firm has closed its latest fund €2bn short of its original target.
1 min read · 05 January 2013
The Australian Stock Exchange-listed infrastructure fund said that the Dalrymple Bay Coal Terminal in Queensland has attracted interest ‘at both the minority and 100 percent level’.
1 min read · 05 January 2013
Kamil Salame, former partner with DLJ Merchant Banking and managing director with Credit Suisse, will head up CVC’s financial institutions group from the US. The firm launched its financial institutions team last year.
2 min read · 05 January 2013
