Private Equity
Merrill Lynch, the global investment bank, has recruited Terutomo Mitsumasu to head up a new buyout operation in Japan.
1 min read · 30 December 2012
Michael Pilson of DuPont Capital Management talks to Robert Venes about the role of turnaround, restructuring and distressed funds in his firm’s private equity investment portfolio.
5 min read · 30 December 2012
Buoyed by a number of exits and three refinancings, the listed entity that invests in funds managed by Candover has reported a 22.7 percent increase in total net assets to £313m.
2 min read · 30 December 2012
Hamilton Lane recently hired former World Bank principal investment officer Francesco Mainolfi to run its hedge fund of funds business. In an interview, Mainolfi said that a more sophisticated level of ‘convergence’ may soon emerge in the private equity world.
2 min read · 30 December 2012
Marco Fumagalli has been promoted to managing director of 3i’s Italian operations, replacing Sergio Sambonet.
2 min read · 30 December 2012
The European private equity arm of Bank of America has generated a six times return on the sale of the UK lingerie specialist.
1 min read · 30 December 2012
Altice One, if combined with existing portfolio company Numéricable, would make Cinven the world’s largest owner of French language cable services.
2 min read · 30 December 2012
According to figures presented at the AVCA’s annual conference in Mombasa earlier this week, VCs active in Africa invested $1.3bn last year, up 60% on 2003.
2 min read · 30 December 2012
Texas Pacific Group and Apax Partners have agreed to their second deal in the Greek mobile telecom market in the past seven months, buying Q-Telecom in a €350 million deal. There are no plans as of yet to combine the two.
2 min read · 30 December 2012
ISIS Equity Partners, led by Wol Kolade, will soon cease to be a captive operation – a move prompted less by a hunger for independence than a pragmatic view on hindering accounting rules, writes Jonn Elledge.
3 min read · 30 December 2012
