Opinion
Sponsored video: Bribery Act threat still looms
Bribery Act
Sponsored Video: P2Ps within reach – if prepared
Video: P2Ps
Video: AIFI's Innocenzo Cipolletta
Video: AIFI's Innocenzo Cipolletta
Biffa: A rubbish buyout?
A rubbish buyout?
Interview: SVB's Allan Majotra
Anneken Tappe speaks to Allan Majotra, director of Silicon Valley Bank’s Private Equity Services Group, about the role of funds-of-funds and regulatory developments.
Escaping the equity black hole
The European M&A market continues to be depressed - as are many of the advisers in the sector. However, there are a number of tactics that interested parties and their advisers can pro-actively employ to help facilitate a transaction when it might otherwise...
German funds: The LPs' verdict
LP verdict
unquote" 60-second survey Q3 2012
Have your say
Flood of businesses for sale expected
Sale flood expected
How private equity helps build British businesses
Speak up for PE
Central and Eastern Europe – A Continuing Opportunity
Nearly two decades of investment history, superior returns, a universe of experienced fund managers – yet Central and Eastern Europe (CEE) is neglected by many LPs. Henry Potter and Peter Wolfers of Alpha Associates discuss the characteristics of the...
Multiple worries
According to the man on the street, multiples nowadays stand at around 7x EBITDA for assets, up to 9x if it’s a ‘quality asset’ (meaning it stands at 9x, since I know of no GP willing to admit he buys low-quality assets). This is down markedly from...
Much ado about very little
Last year was clearly a time for reflection, as record losses prompted many investors to rethink their strategies. GPs paused to concentrate on portfolios and LPs reassessed their manager selections – with some taking it a step further and reviewing...
We’re all above average
One Nordic adviser told me recently, "We have more than doubled our number of billing hours since Easter."
The beauty of small things
If there is one rule that prevails over private equity commentary nowadays, it is that determining any long term trend remains extremely difficult, such is the volatility in the market.
Making concessions
Early indications of the results from a recent survey conducted by Nordic unquote” and SVCA, looking at the private equity industry 10 and 25 years from now, suggest the community is already lowering expectations for the future.
M&A: The way forward for VC exits in 2010
Following on from a year where exit opportunities were limited at best, 2010 has the potential to see an increase in divestments for venture capital-backed companies, says Howard Palmer of European law firm Taylor Wessing