Private Equity
New York-based private equity firm Warburg Pincus, JP Morgan and the Royal Bank of Scotland have put an undisclosed amount into a new business focusing on UK annuities.
1 min read · 31 December 2012
The intense rivalry between Oxford and Cambridge universities has spilled over into the alternative investment field. Andy Thomson reports.
3 min read · 31 December 2012
The UK lower mid-market private equity firm has promoted two of its team to the position of director and one to investment manager.
1 min read · 31 December 2012
The UK mid-market investor has garnered twice the capital raised for its second vehicle, which closed in 2002.
2 min read · 31 December 2012
A £280m offer for UK bookstore chain Waterstone’s has collapsed, following the withdrawal of a consortium including Lazard Private Equity.
2 min read · 31 December 2012
Promethean Investments, the AIM-listed investment vehicle of Sir Peter Burt, has approached London Scottish Bank regarding a 115 pence per share cash offer.
2 min read · 31 December 2012
The Washington, DC-based firm will sell its share of the US bottling unit to joint venture partner, Cadbury Schweppes.
1 min read · 31 December 2012
Private equity firms are having trouble spending the record sums being raised, especially when it comes to European public-to-privates. Robert Venes reports.
3 min read · 31 December 2012
Steven Lee, the former head of Lone Star’s embattled South Korean operations, has reportedly admitted embezzling millions from the firm, funds which he has subsequently repaid.
2 min read · 31 December 2012
The Edinburgh- and London-based mid-market investor has sold a UK modular building company for £62m.
2 min read · 31 December 2012
