Private Equity
The UK Treasury has been advised by the BVCA, in its submission for this year’s pre budget report, not to make changes to private equity taxation because any adjustment could have “dire consequences”.
2 min read · 04 January 2013
US distressed debt specialist Cerberus is pursuing RAG, a privately owned German conglomerate. However, despite the buyout firm’s high bid for the company the German government is attempting to steer the group towards a public market flotation.
2 min read · 04 January 2013
Industry figures have cautiously welcomed changes in the German tax law to benefit venture capital. However, buyouts remain outside this legislation’s scope, allowing critics to bracket them alongside hedge funds.
2 min read · 04 January 2013
MBK Partners in its second deal this week has beaten two local private equity firms to seal its first deal in Japan, investing ¥71 billion in Yayoi, a business software unit of internet service provider Livedoor.
2 min read · 04 January 2013
The ex-Morgan Stanley chairman presented his proposals to the UK Treasury Select Committee, dismissing concerns his suggestion that firms submit anonymous attribution analysis provided firms with “a cloak of anonymity”.
2 min read · 04 January 2013
Amid reports that the Blackstone Group is considering a flotation of restaurant group Tragus, a new report reveals that private equity firms are now the most active investors in UK leisure property.
3 min read · 04 January 2013
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.
2 min read · 04 January 2013
A $105 million, New Jersey-focussed venture fund has been established by the state’s investment division along with US investment bank Lehman Brothers.
1 min read · 04 January 2013
After keeping its powder dry in 2007, Tony Mallin's firm Star Capital Partners is looking forward to a busier 2008 as capital intensive businesses turn to private equity.
2 min read · 04 January 2013
European hedge fund GLG Partners has joined the groups of buyout firms and banks which are raising funds to buy leveraged buyout debt.
2 min read · 04 January 2013
