Private Equity
As British bank Barclays snaps up Lehman’s core investment banking businesses, the fate of the bankrupt bank’s investment management division including its private equity and real estate portfolio has yet to be sealed.
1 min read · 05 January 2013
The London-listed affiliate of American Capital has lost Julian Masters to the mid-market UK firm Bowmark Capital. As well as hiring Masters as partner, Bowmark has lured Nomura’s Tom Shelford as investment director.
1 min read · 05 January 2013
The CEO of London-based placement agent MVision says mega-funds may struggle to get commitments next year and must prepare for longer fundraises. He also finds LPs are now allocating up to 20 percent of their private equity programmes to growth-oriented emerging markets.
2 min read · 05 January 2013
The auction for Lehman's Neuberger Berman and units including private equity fund of funds and secondaries, as well as infrastructure, will proceed despite objections from Carlyle over a $2.15bn bid from Bain and Hellman & Friedman.
2 min read · 05 January 2013
Mayor of London Boris Johnson said that private equity was ‘absolutely vital’ to the UK economy, at the opening of a private equity-funded East London community centre this Friday. Johnson was speaking to an audience of volunteers from private equity firms, charity sector representatives and local residents.
2 min read · 05 January 2013
The energy-focused spin-out of collapsed hedge fund Sowood Capital will invest up to $80m of equity in Plantation Energy for the construction of a manufacturing facility in Western Australia.
1 min read · 05 January 2013
Western governments' emergency measures to buy bank equity stakes may have wide-ranging implications for financial services-focused private equity firms, writes Cezary Podkul.
2 min read · 05 January 2013
The CEO of Capital Dynamics, a Switzerland-based alternative asset investment consultant and private equity investor, anticipates the slowed fundraising environment to persist and closings to be delayed. GPs will not return to market with new funds as quickly as they have in past years, he predicts.
1 min read · 05 January 2013
David Snow has some ideas for the US government, now the largest private equity firm in the world.
2 min read · 05 January 2013
The listed Greek private equity fund, which last week surprised the market by announcing its intention to raise another €5bn from shareholders, has joined forces with mobile network operator WIND to seek opportunities in the Greek telecoms market.
1 min read · 05 January 2013
