Industry
GERMANY - Private equity firms to re-submit Springer bid
According to press reports, TPG Capital, Carlyle and Providence have been asked to re-submit their bids to acquire a 49% stake in Cinven-backed and Candover-backed academic publisher Springer Science and Business Media.
UK - Walker argues against Commission Directive
The House of Lords EU Sub-Committee on Economic and Financial Affairs today took evidence from alternative investment bodies on the merits of the EU Commission's proposed Alternative Investment Fund Managers directive, with BVCA chief Simon Walker taking...
ITALY - Sator subscribes to EUR 70m capital increase for Profilo
It is believed that Sator has subscribed to a EUR 70m tranche in the capital increase in Banca Profilo.
Next move?
Upheaval in the markets and the streamlining of operations has resulted in an increased number of qualified professionals looking to join the ranks of private equity. But this doesn't necessarily make it easier for prospective employers