Private Equity
Simpson Thacher & Bartlett, the law firm for private equity heavyweights like Blackstone and KKR, will guide the government as it spends up to $250bn purchasing equity stakes in banks. The government also hired Bank of New York Mellon to serve as custodian for the $700 billion bailout.
2 min read · 05 January 2013
The private equity branch of the UK’s second biggest bank Barclays, which today announced plans to sell more than £6.5bn of shares to private investors, has hired former Altium Capital assistant director Steven Whitehead.
1 min read · 05 January 2013
While its full impact remains unclear, the US goverment's intent to buy $250bn in bank equity stakes could create lucrative co-invesment opportunities for private equity firms.
3 min read · 05 January 2013
Catterton Partners-owned cookie maker Archway & Mother’s is the latest private equity-backed company to file for bankruptcy. Standard & Poor’s estimates that ‘a disproportionate number’ of speculative-grade defaults in the next two years will be private equity-backed companies.
2 min read · 05 January 2013
The UK manager of venture capital trusts has taken a 'significant minority stake' in the buyout of Metropress, the London- and Chelmsford-based publisher of trade magazine The Antiques Trade Gazette.
1 min read · 05 January 2013
The online ‘social lending’ marketplace has attracted further finance from existing backer Earlybird and new investor Neuhaus Partners, which will position the platform alongside US and UK competitors, according to the firm.
1 min read · 05 January 2013
The recommendations come as the region finds itself with rising infrastructure investment needs and limited public capital resources to meet them. Private finance initiatives, a type of PPP arrangement, have so far only accounted for 1 percent of the UKs total spend on such projects.
2 min read · 05 January 2013
Another veteran of the European Bank for Reconstruction and Development has been lured to the world of private equity, as firms seek to up their exposure to Central and Eastern Europe, Russia and the CIS nations.
2 min read · 05 January 2013
The private equity real estate firm has bought a second package of commercial real estate loans from Deutsche Bank covering the multifamily, retail and office sectors in Germany.
1 min read · 05 January 2013
Research from the European trade association indicates that the tax and legal environment in the region has got slightly worse in the last couple years.
2 min read · 05 January 2013
