Private Equity
The private equity consortium that five years ago paid $1.5 billion for Burger King continues to profit from its investment in the fast food chain. A secondary offering will raise $450 million for the firms.
2 min read · 04 January 2013
The UK buyout firm’s acquisition at around 14 times EBITA provided an exit for Bridgepoint, which achieved a two and a half times return over two and a half years.
1 min read · 04 January 2013
A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
3 min read · 04 January 2013
Based on their definition of hedge funds, private equity funds would not be affected by guidelines issued today by two committees comprised of investors and asset managers.
2 min read · 04 January 2013
Sir David Walker’s report on transparency and disclosure has encouraged UK industry body, the BVCA, to name, shame and expel non-compliers with his proposed code.
3 min read · 04 January 2013
The Brussels-based trade body has unveiled a new research platform to provide “neutral, bias-free” data on private equity and venture capital activity in Europe.
2 min read · 04 January 2013
David Verey has stepped back to an advisory role at the US investment and advisory group to free himself up from potential conflicts.
1 min read · 04 January 2013
Gerry Murphy, who resigned as head of the FTSE 100 home improvement retailer last year, has joined the global investment firm.
1 min read · 04 January 2013
While the credit markets have placed many private equity deals on hold, the ability of investors from the Middle East to deploy capital appears undiminished.
2 min read · 04 January 2013
The cut-price sale may provide the first signs of changed vendor expectations since credit market problems began in August.
1 min read · 04 January 2013
