Private Equity
Kohlberg Kravis Roberts (KKR) is reported to have won exclusivity in its negotiations to buy MTU, the aero engines business of DaimlerChrysler.
1 min read · 30 December 2012
ATP Private Equity Partners (ATP PEP), the Danish pension fund manager, has boosted its team with two new appointments.
2 min read · 30 December 2012
Baxi Group, the UK boiler making company that was put up for sale by private equity firms Candover and Electra Partners, has moved closer to a sale for around £800m.
1 min read · 30 December 2012
The private equity arm of US asset management company Gordon Brothers has hired Alan Taylor as a managing director in its London office.
1 min read · 30 December 2012
UK-based Prudential’s private equity business PPM Ventures is to close its offices in Singapore, Seoul and Tokyo, using Hong Kong as its sole base in Asia.
2 min read · 30 December 2012
Standard Life European Private Equity Trust (SLEPET), the listed investment trust managed by Standard Life Investments, has reported a ‘satisfactory’ result against ‘political and economic uncertainty’.
2 min read · 30 December 2012
Four former investment directors of FTSE 100 venture capital group 3i have left to set up their own private equity fund.
2 min read · 30 December 2012
Onex Partners, the $1bn-plus private equity fund controlled by Canadian conglomerate Onex Corporation, has completed its first investment, taking a 24 percent stake in US healthcare group Magellan in a $100m deal.
1 min read · 30 December 2012
Baring Private Equity Partners’ Spanish unit has raised E72m at the first close of its second fund, including a cornerstone commitment from Caixa Catalunya.
2 min read · 30 December 2012
Barclays Private Equity has sold its 66 per cent stake in Preferred Mortgages to Lehman Brothers for 2.3 times its original investment, generating an IRR of over 40 per cent.
2 min read · 30 December 2012
