Industry

Region of optimism

Things are at long last looking up, according to Rikke Eckhoff, reporting from the SVCA's Nordic Private Equity Congress (NPEC) 2009 in Stockholm

Fair value explained

Fair value is the market price of an asset if you were to sell to today. It was incorporated into the private equity industry by the European trade associations in 2005, to comply with the US GAAP. Yet, for illiquid private equity assets it remains a...

Looking East

Rikke Eckhoff talks to Peter Laib, managing director of Adveq, about their tripolar investment thesis and the incestuous Nordic markets

GLOBAL - Partners Group restructures management

Partners Group has promoted head of finance Roland KУЄslin and Guernsey head Denis O'Malley from senior vice presidents to managing directors, as part of a wider organisational restructuring of the firm.

  • GPs
Revised Directive angers trade bodies

Another chapter has been added to the long-running saga of the EU Commission's AIFM Directive, with a new report calling for a removal of all fund size exemption thresholds sparking anger within the industry

LPs sound warning over private equity performance

A new report has provided a damning assessment of LP confidence in private equity as an asset class, revealing dissatisfaction over performance and new demands in relation to due diligence and reporting

  • LPs
EUROPE - Yield of dreams: unquote" explores high yield

The European high-yield market has opened once again, but, given its failings in the past, can the market shake off its reputation as a short-lived phenomenon and become a viable financing option for buyouts? To read Emanuel Eftimiu's feature see below,...

EUROPE - Candover to "substantially" reduce fund

Following nearly 12 months of difficulties that stemmed from its parent's liquidity issues at the beginning of the year, Candover has today announced it will "substantially reduce" the size of its 2008 Fund, which had targeted EUR 5bn and reached a first...

  • GPs
FRANCE - SocGen PE arm spins out; re-brands Syntegra

The investment team of SG Capital Europe, the private equity arm of Société Générale's asset management subsidiary SGAM, has led a spin-out of the business from its parent and re-branded it Syntegra Capital.

  • GPs
FRANCE - Allianz to sell AGF PE

According to reports, Allianz has mandated Rothschild to oversee the sale of its private equity investment arm, AGF Private Equity, with AXA Private Equity cited as a possible suitor.

  • GPs
GLOBAL - Carlyle to change terms on its fifth fund

It is understood that Carlyle Group is the latest private equity firm to appease its investors by agreeing to several changes to terms on its fifth fund, Carlyle Partners V, including a split on transaction fees, limits on the amount of debt investments...

  • GPs
EUROPE - Delving into fair value

With the recent market turmoil and lack of comparables, fair value remains a complicated accounting principle. In a recent video interview, Nordic unquote" editor Rikke Eckhoff discusses the implication of this principle for the industry with PricewaterhouseCoopers...