Private Equity
Amid tough fundraising conditions for first-time funds, the CVC and Permira spin-out fell shy of its £250m target but rounded up commitments from big fund of funds players including Pantheon and OXIP.
2 min read · 05 January 2013
Sir Trevor Chinn has resigned his chairmanship of London-listed private equity fund Aurora Russia to dedicate more time to charitable organisations including the Mayor’s Fund for London. He is replaced by the chairman of Deloitte and Touche's CIS operations, Dan Koch.
2 min read · 05 January 2013
A study conducted by a London-based private equity investment club found that more than two years after the UK government cleared the way to let self-invested personal pension schemes invest in private equity, 21 percent of scheme providers still restrict their investors from participating in the asset class.
2 min read · 05 January 2013
The UK-headquartered private equity firm will grow a niche team in the UK, US and Asia as it looks to capture some of the financial sector’s global GDP share.
2 min read · 05 January 2013
Roughly two years after acquiring Jil Sander from Prada, the European retail-focused private equity shop has exited to Italy’s GIBO, a subsidiary of Tokyo-listed Onward Holdings. While owned by Change Capital, Jil Sander's EBITDA grew from negative €13m to €6m.
1 min read · 05 January 2013
As fundraising figures fall across Europe, Guernsey-listed private equity assets hit more than £36bn in the second quarter.
1 min read · 05 January 2013
The UK turnaround specialist has hired David Wardrop and Tristan Craddock as investment manager and investment executive respectively. The hires grow Rutland’s investment team to 11 as the firm continues to deploy its £320m second fund.
1 min read · 05 January 2013
The £132.5m sale comes as the UK’s Competition Commission is threatening to force the Spanish infrastructure investor to sell three airports owned by the British Airport Authority, which it acquired in 2006.
2 min read · 05 January 2013
The UK technology secondaries specialist will become the new manager of the €36m Lynx Capital Ventures fund, formerly operated by London-based Bear Stearns Asset Management.
1 min read · 05 January 2013
Riverstone, Carlyle and Grazia and GLG are among the private equity investors that have helped bring Nanosolar’s total capital raised to just less than $500m. Separately, Nanosolar competitor AVA Solar has raised $104m.
2 min read · 05 January 2013
