Private Equity
Nick Ferguson, chairman of UK private equity investor SVG Capital, has reportedly hit out at the tax relief on carried interest enjoyed by UK buyout executives, and also criticised banks over the increasing use of ‘covenant-lite’ loans.
2 min read · 04 January 2013
The world’s third largest recording company, EMI, has accepted a £2.4 billion, eleventh-hour bid from UK private equity firm Terra Firma.
2 min read · 04 January 2013
US buyout firm Great Hill has taken an undisclosed stake in a US consulting business, amid growing demand for business and financial advisory services.
2 min read · 04 January 2013
Dunedin Capital Partners, a UK-based mid-market private equity firm, has made four new hires as it looks to build on a bumper year in 2006.
1 min read · 04 January 2013
The New Jersey, KKR-backed firm has joined with Raymond James to invest in graduation and marathon photographers Chappell Studio and Bob Knight Photomarketing.
2 min read · 04 January 2013
The German government’s latest legislative efforts to provide incentives for private equity have proved a damp squib, as industry insiders railed against the government’s failure to come to terms with private equity’s economic dynamism. .
2 min read · 04 January 2013
Venture capital investment in young European companies declined in Q1 2007 – down to €1.4 billion. What are some of the challenges that young European businesses face when attracting VCs?
2 min read · 04 January 2013
Bridgepoint has won the $343 million auction for GDT, an aerospace component maker, generating a big return for previous owner Stirling Square Capital Partners.
2 min read · 04 January 2013
A private equity consortium led by Providence Equity Partners is reportedly preparing a $15 billion bid for UK cable business Virgin Media.
1 min read · 04 January 2013
The dramatic bidding war for logistics company EGL has seemingly come to a close: Apollo’s $2 billion bid – nearly 32 percent higher than the first bid made for the firm – has been board-approved, while the competing, Centerbridge-backed group was paid a $30 million break-up fee.
1 min read · 04 January 2013
