Private Equity
A trio of VCs have clubbed together in a series B-funding round of Perpetuum, which is developing a clean tech generator to capture energy from small vibrations and convert it to electricity.
1 min read · 04 January 2013
UK buyout firm Candover is faced with a rival bid for the industrial group Stork from Icelandic investor group LME, which holds a blocking stake in the company.
1 min read · 04 January 2013
Property website extate.co.uk has secured seed funding from The Accelerator Group, Arts Alliance and Samos Investments, as it begins to seek strategic partnerships.
2 min read · 04 January 2013
Prudential M&G’s infrastructure arm Infracapital Partners and an unnamed group advised by JP Morgan Asset Management have bought a one third stake in wind farm Zephyr Investments from Arcapita Bank, in the Bahrain-based investor’s second deal this week.
1 min read · 04 January 2013
Kohlberg Kravis Roberts, the US buyout firm, has bought UN Ro-Ro in its first transaction in Turkey, making it the latest firm to gain exposure to the country and the neighbouring MENA region.
2 min read · 04 January 2013
Just as Lone Star seemed set to sell its controversial stake in Korean bank KEB, chairman John Grayken admitted that his firm’s Korean office had been raided by tax officials - who confiscated documents relating to its recent deals.
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
Peter Struck, head of the SPD faction in the German parliament, is calling for rules to limit private equity’s ability to take controlling stakes in some German companies.
2 min read · 04 January 2013
Lone Star’s attempts to sell its controversial stake in Korea Exchange Bank are set to be delayed still further, just days after the firm’s office was raided by tax officials investigating its recent deals.
1 min read · 04 January 2013
The liquidity problems in the debt markets did not restrain record third quarter figures in the UK as deals were signed before the beginning August. However, big four accountant Deloitte said it expects few deals to complete in the next quarter.
2 min read · 04 January 2013
