Private Equity
As the struggling Australian infrastructure specialist works to unfreeze more than A$100m held by Germany's HypoVereinsbank, its 12 listed funds are likely to carry on 'business as usual', according to a person familiar with the matter.
2 min read · 05 January 2013
The UK-based fabless semiconductor company has now raised roughly $200m from firms including Balderton, Accel, Amadeus and 3i.
1 min read · 05 January 2013
Wehkamp, the biggest online fashion, lifestyle and electronics retailer in the Netherlands, has been sold to a group of private investors, enabling IK Investment Partners to exit with returns of five times its initial investment.
1 min read · 05 January 2013
The firm has sold its substantial portfolio of Portuguese wind energy businesses and is currently in negotiations to sell off similar assets in Germany, France and Greece as it seeks to relieve its debt burden.
2 min read · 05 January 2013
While lauding its ‘exceptionally good’ returns and commitment to developing countries, the National Audit Office has highlighted ‘lapses in oversight and governance’ regarding CDC’s remuneration policy.
2 min read · 05 January 2013
The troubled German real estate lender today clarified its situation, suggesting comments by the German finance ministry had been misinterpreted.
2 min read · 05 January 2013
The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.
2 min read · 05 January 2013
The UK’s private equity trade body has formed an eight-person board to oversee the direction of its research projects. Apax’s technology and telecom chief, Richard Wilson, will be chairman.
1 min read · 05 January 2013
The German commercial real estate lender, partially owned by private equity firms JC Flowers and Grove International, has secured another liquidity guarantee from the government, on top of the €20bn already promised.
1 min read · 05 January 2013
The Athens Stock Exchange-listed mega-fund is the latest private equity firm to move into the aviation sector, purchasing just less than half of medical evacuation-focused Flight Ambulance International.
1 min read · 05 January 2013
