Private Equity
Fresh from the close of its £430m fund, UK private equity firm ECI has partnered with Yorkshire Bank to fund a management buyout of healthcare IT business Ascribe.
1 min read · 05 January 2013
The listed Permira investor has taken a number of measures to boost liquidity, including reducing by £796m its original commitment to Permira’s fourth buyout fund.
2 min read · 05 January 2013
Despite a bleak fundraising climate, several firms with similar characteristics closed large funds this week, writes Matt Levin.
2 min read · 05 January 2013
Matthew Ryall is joining the German insurer to head up its multi-fund strategy. The appointment comes one week after Allianz unveiled Olivier Piani as its head of real estate.
1 min read · 05 January 2013
Olivier Piani, GE Real Estate’s chief executive in Europe, is leaving his post to head up Allianz’s new business. Piani, who is credited with building GE's real estate investments in Europe after a decade with the firm, will take up his new post with Allianz in October.
1 min read · 05 January 2013
Against a backdrop of tough fundraising conditions, ECI has whipped round investors in three months, overshooting its original target by £30m.
2 min read · 05 January 2013
The Italian mid-market firm founded by three veterans of 21 Investimenti has beaten its €150m target for Fund III by €28m.
1 min read · 05 January 2013
After joining the firm as vice president in early 2007, Jie Gong is relocating from the US to Hong Kong to cover Morgan Stanley Alternative Investment Partners' private equity fund of funds activity in Asia.
2 min read · 05 January 2013
The UK food conglomerate’s chief executive has reportedly asked Goldman Sachs to approach Blackstone, Bain, Lion and Permira in the hopes of obtaining a debt-busting equity injection of up to £700m. Premier owns brands including baked goods maker Hovis.
1 min read · 05 January 2013
The private equity fund of funds has hired former Unigestion secondaries executive Francesco di Valmarana amid increasing activity in the global secondaries market. The appointment brings the number of Pantheon's European secondaries team members to 25.
1 min read · 05 January 2013
