Private Equity
Investment bank Close Brothers is corralling mid-market GPs to acquire leveraged debt owned by Icelandic bank Kaupthing. The debt relates to such buyouts as Coral Eurobet and Merlin Entertainment Group.
1 min read · 05 January 2013
The second-largest pension fund in the UK is increasing its headcount as it seeks to grow its private equity allocation.
1 min read · 05 January 2013
The International Private Equity and Venture Capital Valuation board has said GPs should be asked to comply with its mandate by investors. The committee chairman Herman Daems stressed the importance of transparency and fair comparison.
1 min read · 05 January 2013
After a promising start to its latest fundraising, tough market conditions have forced the Paris- and London-based firm to lengthen the fundraising period for its €250m renewables fund.
1 min read · 05 January 2013
Speaking at a private equity conference today, Eric Capp, a senior leveraged finance banker at RBS, said banks have not been told to stop lending to private equity.
2 min read · 05 January 2013
Charles-Henri Filippi will advise the global private equity firm on French investment opportunities.
1 min read · 05 January 2013
The UK's plan to raise taxes for the highest earners may cause investors to seek more favourable tax climates, such as Switzerland, Ireland and the Middle East, says BVCA chief executive Simon Walker.
1 min read · 05 January 2013
Private equity professionals with few deals at hand may donate their skills to venture philanthropy, writes Toby Mitchenall.
2 min read · 05 January 2013
The US pension committed €200m to Blackstone’s latest Europe-focused property fund, Blackstone Real Estate Partners Europe III.
1 min read · 05 January 2013
RJD received four ‘competing offers’ to refinance portfolio fund administrator IPES. It picked Lloyds TSB in what partner Duncan Johnson described as a ‘no brainer’. The firm purchased the company in September for £25m.
1 min read · 05 January 2013