Private Equity
The South Asian nation had a 45% drop in total deal value and a 24% decline in the total number of deals announced in 2008 compared to 2007.
2 min read · 05 January 2013
The founder and chairman of UK pub group, JD Wetherspoon, has warned that private equity and property investment groups have had a “pretty disastrous” effect on the British pub industry after piling large debt loads onto some companies, according to a report.
2 min read · 05 January 2013
Bathroom-maker Sanitec is renegotiating debts with lenders; its sponsor EQT has offered to inject €100m of equity into the business in return for a €500m reduction in its debt burden. The restructuring of Sanitec is the first visible instance of EQT suffering from the global financial crisis.
1 min read · 05 January 2013
A Germany- and Dubai-listed investment firm has capped off a torrid 2008 with a restructuring agreement that will ‘secure the company’s future’.
2 min read · 05 January 2013
The Ron Burkle-owned private equity firm has bought a 7% stake in Whole Foods two months after Leonard Green & Partners purchased a 17% ownership stake. The high-end grocery chain has struggled lately due to declines in consumer spending.
1 min read · 05 January 2013
The private equity firm first backed Racal Acoustics in a £52m management buyout from US private equity firm JF Lehman & Co in 2005.
1 min read · 05 January 2013
Charlie Bott , the former head of Goldman Sachs’ European financial sponsors group, will co-head BCP’s investor relations as it prepares to raise Fund IX next year.
1 min read · 05 January 2013
The Government Pension Fund of Thailand has selected the Swiss private equity advisory firm to help implement a $330 million global private equity expansion plan.
1 min read · 05 January 2013
The New York-based firm, which specialises in distressed investments, has signed a preliminary agreement to buy certain assets from Waterford Wedgwood. The china and crystal maker was put into administration earlier this week after succumbing to its heavy debt load.
1 min read · 05 January 2013
The Switzerland-based firm was targeting $1bn for its second Asia-focused ‘programme’, a series of vehicles which will invest in primary funds and secondary transactions and also partner on direct investments.
2 min read · 05 January 2013