Private Equity
Italian conglomerate De Agostini has taken a minority stake in Palamon Capital Partners-backed loan provider Sigla Luxembourg, as the relatively undeveloped personal credit market in Italy continues to grow.
1 min read · 04 January 2013
Yesterday’s sale of the Bold Pub Company was the latest in a string of successful deals in the leisure sector for Close Ventures, one of the UK’s longest-established venture capital trust managers. James Taylor met managing director Patrick Reeve.
4 min read · 04 January 2013
The Carlyle Group has set up a new team to make investments in central and eastern Europe, a region in which the firm has not made any investments to date.
1 min read · 04 January 2013
Following the exit of Vornado Realty Trust from the bidding, Equity Office’s shareholders have given the green light to the largest private equity deal to date by approving Blackstone’s offer of $39bn. The deal includes a Blackstone equity cheque of $3.75bn.
3 min read · 04 January 2013
Emap, the media group that is currently being circled by various private equity firms, has paved the way for its forthcoming £2 billion sale by offering its shareholders a way of minimising their potential tax bills.
2 min read · 04 January 2013
The shareholders of Sallie Mae, a US student loan company that accepted a buyout bid from a consortium led by JC Flowers in April, have voted in favour of the $25 billion deal – despite concerns that government cuts could cause the buyers to drop their offer.
2 min read · 04 January 2013
Soon after PEO revealed that the Virgin Group is launching its first institutional buyout fund, its chief executive has reportedly outlined plans to pursue a ‘branded venture capitalism’ strategy, as it looks to take on large buyout firms like Blackstone and Apax.
2 min read · 04 January 2013
As buyout firms attempt to vaccinate themselves against the numerous viruses floating around the financial system, are they wise to be investing in healthcare, asks Andy Thomson.
3 min read · 04 January 2013
Columbia Capital, M/C Venture Partners, Oak Investment Partners, Battery Ventures and Centennial Ventures have committed $225 million in Series A funding for Zayo Bandwidth, a fiber-based network operator.
2 min read · 04 January 2013
The UK Chancellor has increased the tax burden on the country's beleaguered buyout executives. But his move is carefully calculated to keep the industry in London, writes Nicholas Lockley.
2 min read · 04 January 2013
