Industry
Once-in-a-lifetime opportunities
Frankfurt-based Close Brothers has doubled its debt advisory team to take advantage of the current prospects, with an uptick expected from Q3 this year. Banks would rather be less aggressive than pursue workouts with companies, but some private equity...
10th Munich Private Equity Training Conference
The 10th annual Munich Private Equity Training (MUPET) was held in Munich and hosted by law firm Pollath + Partners last month. Mareen Goebel joined more than 200 delegates for the two-day event to discuss the current state of the industry
UK - Barclays to offload private equity business
Barclays is reportedly close to a spin-off of its private equity business, just weeks after agreeing the sale of Barclays Global Investors (BGI), its fund management arm.
GERMANY - Apollo to invest in Infineon
Reports suggest that US-based Apollo Management is close to completing an investment of close to EUR 725m in lised chipmaker Infineon, in return for a 29% stake in the company.
UK - Dealflow to increase in H2
In a sure sign of mounting optimism, three quarters of respondents to a recent unquote" survey expect activity levels in the lower mid-market (enterprise value less than EUR 150m) to increase in the next six months.
UK- Terra Firma to inject a further £300m into EMI
Buyout house Terra Firma is reportedly in talks to restructure debt-laden music group EMI, in a proposal that could see the company write down its £2.5bn debt pile.
Open for business?
Secondary debt has been all the talk recently. Some have even said it is partly responsible for holding up the issuances of primary debt. But despite speculation, banks are saying that the secondary market is not the way forward and that the primary market...
Avoiding the herd
Deborah Sterescu speaks to George Anson, managing director of HarbourVest Europe, on everything from the importance of a keeping an investment strategy to the difficulties in transacting a secondaries deal ..