Private Equity
Carlyle may opt to sell its stake in Avio, an Italian aerospace engine manufacturer, despite appointing three investment banks to arrange a flotation on the Milan stock exchange earlier this year.
2 min read · 03 January 2013
3i, Europe’s largest quoted private equity manager, appointed Citigroup Europe vice chairman Robert Swannel at its annual general meeting yesterday. The board also approved a £700m return of capital to shareholders, reported earlier in the year.
2 min read · 03 January 2013
A UK sugar producer has made a cornerstone commitment to a venture fund to help it develop new technologies to drive growth in its core business.
2 min read · 03 January 2013
Secondaries pioneer Jeremy Coller is targeting almost $4bn for his eponymous firm’s fifth fund after delivering good early returns from his latest vehicle.
2 min read · 03 January 2013
UK technology investor Quester has launched another university fund and opened a US office with a new hire to help portfolio companies.
1 min read · 03 January 2013
GI Partners, a trans-Atlantic private equity firm, has raised $1.45bn from investors including CalPERS, ATP and Abu Dhabi Investment Authority.
2 min read · 03 January 2013
Campbell Lutyens, a private equity advisory firm, has appointed Paula Langton in its London office, while Greg Weiner joins in New York.
1 min read · 03 January 2013
US food group Kraft has bought the southern European division of United Biscuits, five months after Goldman Sachs was appointed to carry out a strategic review of the biscuit and snacks manufacturer.
2 min read · 03 January 2013
Chequers Capital, a mid-market buyout firm based in Paris, has raised €600m for Chequers Capital XV, double the size of its predecessor.
2 min read · 03 January 2013
Permira and Barclays Capital have matched a rival consortium’s 1,030 pence per share offer rejected by UK housebuilder McCarthy & Stone last week.
1 min read · 03 January 2013
