Western Europe

Myners recommends light touch but backs tax change(3)

City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.

KKR courts debt investors for landmark Boots deal(2)

The record debt package financing Kohlberg Kravis Roberts’s landmark £11 billion acquisition of Alliance Boots is proving attractive to debt investors. The buyout firm began its roadshow yesterday.

KKR courts debt investors for landmark Boots deal

The record debt package financing Kohlberg Kravis Roberts’s landmark £11 billion acquisition of Alliance Boots is proving attractive to debt investors. The buyout firm began its roadshow yesterday.

NBGI makes second big exit this week(2)

UK firm NBGI Private Equity has completed a second lucrative exit in two days, this time via the public markets. The flotation of UK-based Superglass means the firm continues to reward investors in its 2000 vintage debut fund with big returns.

BVCA and TUC host roundtable talks(2)

The two trade bodies hosted the first of two planned roundtables this morning as the private equity industry seeks to appease its fiercest critic.

Select Committee to publish findings this month(3)

The UK Treasury Select Committee will issue its preliminary findings about private equity before the end of the month. Chancellor of the Exchequer Alastair Darling has also hinted at possible changes to the tax rules in the pre-budget report later this year.

LSE launches specialist alternative fund market

The London Stock Exchange is looking to attract alternative asset managers hoping to raise funds on the public markets, with the launch of a new market specifically designed for alternative investment fund listings.

Tchenguiz doubles Sainsbury’s stake(2)

The property entrepreneur has doubled his stake in the grocer to 11 percent, prompting questions whether a takeover strategy may be in the works.

Linklaters poaches Freshfields partner(3)

Leading law firm Linklaters has hired Brian Gray from rival law firm Freshfields Bruckhaus Deringer, as it looks to strengthen its offering to private equity clients.

BVCA and TUC host roundtable talks

The two trade bodies hosted the first of two planned roundtables this morning as the private equity industry seeks to appease its fiercest critic.