Private Equity
As private equity bidders continue to circle some of the UK’s biggest retail names, employees may be forgiven for feeling confused about how safe their jobs will be under private equity ownership. James Taylor explains.
4 min read · 03 January 2013
UK biotech spin-out EpiStem has raised £3m from its flotation on AIM. 33 venture capital sources, and UK business angel network Beer & Partners, have backed the initial public offering.
1 min read · 03 January 2013
August Equity and Rutland Partners are relinquishing control of their listed trusts to New Star Asset Management, as the UK-based group looks to invest in private equity through a new fund of funds vehicle.
2 min read · 03 January 2013
TA Associates, a Boston-based private equity firm, has bought an undisclosed stake in fund of hedge funds K2 Advisors, in the latest example of convergence between the two alternative asset classes.
2 min read · 03 January 2013
Kohlberg Kravis Roberts may yet face some serious competition for UK health and beauty chain Alliance Boots, after reports that Terra Firma and the Wellcome Trust are planning a rival bid.
1 min read · 03 January 2013
Despite the significant increase in publicly-backed UK funds investing in early-stage companies private investors won’t touch, such funds have not yet made attractive returns. NESTA’s Jonathan Kestenbaum wants to change that.
3 min read · 03 January 2013
Investcorp’s technology venture capital arm is buying a majority stake in UK online payments business Moneybookers for €105 million, realising some value for the current management team.
1 min read · 03 January 2013
Cinven has paid a reported €1 billion for Modamax, the holding company behind European retailer Camaïeu, which was previously owned by French buyout firm AXA Private Equity.
1 min read · 03 January 2013
European technology firm Amadeus Capital Partners has joined Pod Venture Partners, HarbourVest Partners and Shamil Chandaria in a $12m financing round of Swedish company Transmode.
1 min read · 03 January 2013
Carlyle Group co-founder David Rubenstein has warned that recent initiatives to improve transparency in private equity will never completely appease the industry’s critics, and suggested that a re-branding exercise may be necessary.
2 min read · 03 January 2013
