Private Equity
Europe’s largest quoted private equity manager is turning its sights on quoted stocks with a listed vehicle, following its recent success with a public infrastructure fund.
1 min read · 04 January 2013
The Confederation of British Industry, a UK industry body, has submitted a statement to the UK Treasury arguing the government should not increase regulation of private equity. Instead, the business model’s success in job and wealth creation should be seen as reasons to adopt low taxation across the UK business sector, it believes.
2 min read · 04 January 2013
Underlining the importance of intellectual property rights, Gilde Buy-Out Partners has purchased Novagraaf, a specialist in the growing market, from rivals Alpinvest and Halder
1 min read · 04 January 2013
TPG has reportedly acquired Indonesian Bank Tabungan Pensiunan Nasional as the US buyout firm increases its investments in the country.
2 min read · 04 January 2013
GMT Communication Partners has bought a construction information business from Candover and Cinven-backed Springer Science & Business Media. The firm will merge this business with portfolio company Docu Group to create Europe’s biggest provider of business information.
1 min read · 04 January 2013
European fund of funds CAM Private Equity has created a Swiss subsidiary in Zurich, run by former shaPE Capital chief executive Benedickt Brenninkmeijer.
1 min read · 04 January 2013
Terra Firma has closed its third fund, as its agreed £2.4 billion offer for EMI continues to be the subject of market speculation.
2 min read · 04 January 2013
Ontario Teachers’ Pension Plan has continued its recent flurry of deal-making, buying two Chilean water supply and sanitation companies from Southern Cross Group.
2 min read · 04 January 2013
UK mid-market firm Gresham recently generated a twelve times return on its original investment when it exited Penn Pharmaceuticals – and it invested £30 million in bottle manufacturer Esterform Packaging. PEO caught up with Paul Thomas at Gresham to discuss these investments and wider trends in the mid-market.
2 min read · 04 January 2013
Jupiter Asset Management, a UK fund manager recently bought out by management and TA Associates, has hit back at criticism of the £425 million “covenant-lite” loan it will use to finance the deal. The controversial structure, which was pioneered in the US but is now crossing over into Europe, removes many of the traditional protections for lenders.
2 min read · 04 January 2013
