Private Equity
Alistair Darling, the UK Chancellor of the Exchequer, has scrapped taper relief, the tax treatment that allowed private equity executives to pay as little as 10 percent on capital gains. Tax experts condemned the move.
3 min read · 04 January 2013
General Atlantic, the global growth equity firm, has continued its Asia push with three promotions to managing director in the region while also advancing staff in its US and Europe offices.
2 min read · 04 January 2013
The investment banking arm of UK bank Barclays has appointed Ramon Walsh to its leveraged finance team confident the loan market will recover in 2008.
1 min read · 04 January 2013
The Swiss venture firm is set to tap the public markets in a rare move, joining the ranks of larger buyout firms that came to market last year.
2 min read · 04 January 2013
The quoted Latin American firm GP Investments has closed its fourth fund on $1.3bn with partners in the firm contributing almost a third of the capital to equal Advent International's record breaking Latin offering.
3 min read · 04 January 2013
Puget Sound Energy, Washington state’s largest utility company, will be taken private in a $7.4 billion transaction by a consortium including Macquarie, the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation.
2 min read · 04 January 2013
US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.
2 min read · 04 January 2013
The Carlyle Group, the global buyout firm, has acquired KCS.net as the firm continues to do deals in the European mid-market.
1 min read · 04 January 2013
Helix Associates, the private equity placement agent division of Jefferies Investment Bank, has hired the former co-head of Credit Suisse’s Private Fund Group, Robert Rivett, as well as Stephen Gray, former managing director at corporate advisory firm Henniker River Advisors.
2 min read · 04 January 2013
The venture-backed DVD rental business Lovefilm International has increased its number of subscribers to nearly a million after it acquired Amazon’s rival German and UK businesses as part of the deal.
2 min read · 04 January 2013
