Private Equity
Mid market buyout firm Sovereign Capital Partners has sold insurer CMGL for £32 million.
1 min read · 03 January 2013
CDC, a UK government-backed fund-of-funds, has committed $20m to Nexxus Capital Private Equity Fund III, a Mexican-focused private equity fund.
1 min read · 03 January 2013
In his first public comments, the leader of the newly established Private Equity Council said he hopes to avoid the hostility that the industry has faced abroad by educating Washington policymakers about its activities. The lobbying group also named a new vice president today.
2 min read · 03 January 2013
Weinberg Capital Partners, a French mid-market firm, has bought a majority stake in Via Location, a French vehicle rental company, for an undisclosed amount.
1 min read · 03 January 2013
The financial data giant has drawn up a list of 25 publicly traded ‘private equity’ entities around the world to be used as a performance benchmark. Over the past three years, the index has outperformed S&P’s Global 1200 index by more than 700 basis points.
2 min read · 03 January 2013
The Royal Bank of Scotland has hired Eric Capp from JP Morgan as head of its leveraged capital markets team, as it looks to win even more lucrative leveraged finance work.
1 min read · 03 January 2013
UK fund-of-funds CDC has invested R100 million in Vantage Mezzanine Fund, the first mezzanine fund to be raised in South Africa. The fund is expected to close this August on about R600 million.
1 min read · 03 January 2013
Smedvig Capital has become the biggest shareholder in the UK’s leading car club business, as it hopes to cash in on the growing popularity of car pooling.
2 min read · 03 January 2013
CVC Capital Partners is in talks with the board of Austrian steel group Boehler Uddeholm about a friendly takeover deal, which could involve taking the listed company private.
1 min read · 03 January 2013
The global firm has agreed to buy Tennessee discount retailer Dollar General, while it bids for UK health and beauty retailer Alliance Boots.
1 min read · 03 January 2013