Private Equity
The chairman of UK private equity investor SVG Capital says changes to the tax deductibility on interest payments on leveraged loans would be damaging to private equity funds and their investors.
2 min read · 04 January 2013
Peter Brooks is set to re-join LDC, the UK bank captive and his third firm in two years. He left Sovereign Capital, where he had been managing partner, in October 2005.
1 min read · 04 January 2013
The UK mid-market firm Inflexion is looking for growth organically and through acqusitions from its investment in a UK telephony services provider.
2 min read · 04 January 2013
UK private equity contrarian Jon Moulton has personally funded a purpose-built private drug addiction treatment centre in Kent.
2 min read · 04 January 2013
The Apax co-founder, who called for an increase in tax on buyouts, has learned you should be careful what you wish for as the CGT increase has hit entrepreneurs.
2 min read · 04 January 2013
The European mid-market firm found plenty of trade buyers to give the UBS-run auction competitive tension, despite a lack of financial sponsors ready to pay €1.55bn for the asset.
2 min read · 04 January 2013
Structured equity provider Hutton Collins has taken a stake in Everest allowing a partial exit for the company’s owner Brian Kennedy.
1 min read · 04 January 2013
3i, the global investment firm, has bought luxury lingerie retailer Agent Provocateur. 3i’s largely female team acquired the business at a 15-to-20 times enterprise value to EBITDA multiple.
2 min read · 04 January 2013
CVC Capital Partners has acknowledged staff contribution with a slew of promotions, including lead roles for the executives that helped secure the independence of the firm’s Asian business.
2 min read · 04 January 2013
The Blackstone Group has taken a minority stake in a subsidiary of the state-owned China National Chemical Corporation, as it continues to build relations with the Chinese government.
1 min read · 04 January 2013