Industry
The pitfalls of turnaround investing
Turnarounds are in the news once again, with the decision by specialist investor OpCapita to put struggling electricals retailer Comet into administration. Last week, Deloitte took over the administration of the business, and on Monday made over 300 staff...
CapMan Buyout X holds first close
CapMan Buyout X has held a first close at тЌ152m.
EIF commits €20m to Aster Capital cleantech fund
The European Investment Fund has committed €20m to the French cleantech venture fund Aster II.
3i on track with restructuring plan
3i says it is continuing to make progress in reducing its cost and debts as part of its restructuring plan announced in June.
Apollo officially launches new $12bn fund
Global private equity house Apollo Global Management has started marketing its eighth buyout fund with a $12bn target, co-founder Josh Harris announced during a presentation at the Bank of America Merrill Lynch Banking and Financial Services conference...
Sweden continues to lead Nordics
Sweden outpaced its Scandinavian neighbours in the 12 months leading up to November. A SVCA study shows that industry optimism returned just in time for year-end.
Nomura targets PE-like returns with new index
Nomura and QES (Quantitative Equity Strategies) have launched the daily investible long-only index PERI (Modelled Private Equity Returns Index).
Sofinnova closes largest European life sciences fund in years
Sofinnova Partners is due to announce a final close on its seventh life sciences fund in the second week of December, unquote” has learned. Kimberly Romaine reports
Carlyle back in the black
The Carlyle Group reported net income of $219m in Q3, returning to profit after last year's loss of $191m.
Partners Group completes secondary share offering
Partners Group has successfully sold an additional 3,350,001 shares at CHF 183 per share on the SIX Swiss Exchange.
Eurazeo and IDI post positive figures for Q3
French listed PE players Eurazeo and IDI have seen an uptick in their NAV per share in the three months between June and September.
Swedish authorities continue to press for tax change
Sweden's tax authorities are vehemently pushing for a change in the taxation of proceeds for private equity fund managers.
JP Morgan aiming to boost PE division
JP Morgan Private Equity (JPEL) has announced measures to increase capital returns to shareholders, which the firm says have been limited since the financial crisis.
Listed PE yields results
The investment landscape is rapidly transforming, reshaping itself almost beyond recognition as past follies take their toll on institutional investment powerhouses and new investors arise to take their roles in this new world. But will the much maligned...
The irrelevance of fees
Fees: irrelevant?
Turkey rises to the challenge
Turkey is slowly but surely establishing itself as a prominent market for private equity in Central and Eastern Europe along with Russia and Poland.
Silicon Valley Bank provides credit to Carlyle's The Foundry
Silicon Valley Bank (SVB) has provided a new credit facility to Carlyle's software holding The Foundry.
French tax reforms getting carried away
The Loi de Finances 2013 introduces a number of measures likely to impact French PE firms. Greg Gille talks to Herbert Smith Freehills’ Jérôme Le Berre (pictured) to find out what the implications are for future investments.
Buyout loan issuance down 38% YoY, says Baird study
European figures for leveraged and buyout loan issuance are down 46% at €20bn and 38% at €10bn respectively, according to recent research by Baird.
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...
Industrials and consumer see most volume in 2012 to date
The industrial and consumer sectors outperformed other major industries in terms of deal volume between January and September 2012.
No fundraising "doom and gloom" – SJ Berwin's Sonya Pauls
Sonya Pauls on fundraising
Private equity becomes election battleground
Election battleground
French VCs appeal to French president over budget
Representatives from a raft of French venture capital firms have joined entrepreneurs in sending an open letter to President François Hollande raising concerns over measures introduced in the country's new budget proposal.