Private Equity
The Barcelona-based private equity firm has made its first investment from its debut €100m fund, which closed in May. The investment in Atrezzo is the first step in the creation of a visual merchandising group focused on the fashion sector.
1 min read · 05 January 2013
The UK-based mid-market firm has been investing from its debut £300m distressed debt fund that closed in March 2007, but will raise a successor in spring with an estimated $1bn target.
2 min read · 05 January 2013
In light of Duke Street’s recent run in with the UK Pensions Regulator, buyout firms face the prospect of being forced to make up pension shortfalls, write Richard Garvan and Andrew Patten.
3 min read · 05 January 2013
Amid turmoil in Iceland’s financial system, the Kaupthing-backed fund was unable to repay a credit facility. The fund’s investment manager, Kaupthing Singer & Friedlander, has been replaced.
2 min read · 05 January 2013
The head of alternative assets for UK pension Universities Superannuation Scheme says portfolio write-downs coupled with the denominator effect have made fundraising tough. Yet many GPs saw this coming, and raised plenty of dry powder ahead of the storm, he says.
2 min read · 05 January 2013
The New York-based turnaround firm has invested $80m into Xinhua Finance Media to aid its expansion efforts in sports broadcasting.
1 min read · 05 January 2013
The New Jersey venture will provide food and other products at the New York Yankees baseball park and the Dallas Cowboys football stadium. The company will be led by Michael Rawlings, the former president of Pizza Hut.
1 min read · 05 January 2013
Qatari Diar fended off two French trade bidders and an unnamed Russian private equity suitor to complete the tertiary buyout of technology systems company Cegelec from LBO France.
2 min read · 05 January 2013
The US-based private equity firm has also hired Stephen Barnes, former treasurer for Singapore Airlines, as director of marketing in Asia.
1 min read · 05 January 2013
Challenger will be one of the first ASX-listed infrastructure funds to enhance its public disclosures following a critical report by corporate governance advisor RiskMetrics that urged the exchange to require full disclosure of such agreements.
2 min read · 05 January 2013
