Western Europe

Report: China to invest $4bn in Flowers fund

Negotiations between the Chinese Investment Corporation and JC Flowers come as the sovereign fund’s $3 billion investment in Blackstone took a further hit yesterday, with Blackstone's share price reaching a new low.

Mid-market activity belies mega deal plunge(3)

The value of leveraged buyouts in Europe in quarter three fell by more than two-thirds while providing evidence that the mid-market continues to be an active source of deals.

HBoS buys stake in investor network(2)

After six months of negotiation Pi Capital, a high net worth investor network, has sold a stake in itself to Bank of Scotland’s growth equity team to increase the deal flow for its members.

Boots syndication could take up to a year(4)

The syndication of the remaining tranche of Alliance Boots debt could take up to a year after a double blow to the company.

Winning the war(3)

The competition for private equity listings in Europe is fierce. London has clawed back a victory under its old regime. In November, the gloves come off, writes Nicholas Lockley.

GIP acquires Argentinian container terminal operator

Credit Suisse- and General Electric-backed Global Infrastructure Partners has purchased a second add-on for its global ports platform.

UK business grandee joins TPG(3)

Sir Victor Blank, a prominent UK businessman, is returning to his private equity roots with a role as senior adviser to TPG, the global buyout firm.

Silver Lake Sumeru in debut tech deal(3)

Silver Lake’s middle-market technology fund, currently reported to be raising an inaugural $1 billion, has done its first deal with the acquisition of mobile phone marketing company Mobile Messenger.

Morley opens fund of funds to third party investors(2)

The UK fund manager owned by insurance group Aviva is to put its experience of private equity fund investing at the disposal of its clients in a rolling programme of annual partnerships.

Permira turns sights on gaming growth in China(4)

The global buyout group, whose name means "surprisingly different", has made its first investment in China taking a non-control stake in Galaxy, a casino operator, to fund an ambitious programme of property development and expansion.