Performance
Ratos reports SEK 820m net profit for H1
Listed private equity firm Ratos made an SEK 820m profit before tax for the first half of 2013, compared with an SEK 16m loss in H1 2012.
Exit focus: Italy's Ambienta reaps three-digit IRR
Exit focus: Tower Light
Exit focus: Italy's Ambienta reaps three-digit IRR
Exit focus: Tower Light
SVG enjoys 23% NAV boost in H1
SVG Capital has reported a 23% uplift in net asset value (NAV) in its half-year results, with shares now trading at 480p.
French PE still outperforms rest of continental Europe
French private equity funds have returned 8.6% since inception, according to the latest performance figures published by local trade body AFIC.
Popular high-yield bond market shrinks refinancing wall
A new report has found that amend-and-extend activity has reduced the expected 2014-2015 refinancing wall.
UK private equity industry proves downturn resilience
UK private equity and venture capital funds generated a 6% 5-year IRR during the five years throughout the financial crisis, outperforming the 2.5% achieved by the FTSE All-Share, according to a recently published study.
Gimv makes 1.3x return on divestments for 2012/13
Gimv has announced a 1.3x return on divestments, relative to original acquisition value, for the year ending in March 2013.
3i reports 11.5% NAV increase
3i has seen its NAV per share rise 11.5% over the past 12 months, and says it is making significant progress to turn around the business.
Ratos reaps SEK 898m exit proceeds in Q1
Listed private equity house Ratos made SEK 898m in exit gains and SEK 798m in net profits in the first quarter, according to the company's latest report.
Family offices set to increase PE allocations
Family offices
Eurazeo posts 16% NAV increase in 2012
French listed buyout firm Eurazeo saw its NAV increase by 16% in 2012, fuelled by improved contributions from portfolio companies and an acceleration of divestments over the past six months.
HgCapital Trust sees NAV rise by 15% in 2012
HgCapital Trust, the listed vehicle investing in all of Hg's private equity transactions, has reported a 15% increase in NAV per diluted share over the course of 2012.
Carlyle earnings disappoint
Carlyle Group's economic net income has declined by 28% compared to last year, causing its share price to fall by almost 8%.
Italy shines in January thanks to CVC mega-buyout
Italy topped Europe's private equity value charts in January, while the UK recorded the most deals, showing both familiar names and outliers starting 2013 on a high.
Ratos made SEK 363m loss in Q4
Ratos made a net loss of SEK 363m in the fourth quarter of 2012 and expects the downwards trend to continue during the first half of 2013.
CapMan to hire new CEO
CapMan’s board of directors has started a search process to replace its current CEO Lennart Simonsen, who is resigning from his position as part of the firm’s development programme.
Early-stage deals bounce back in Q4
After a slow summer, early-stage investments took off in Q4, according to the latest unquote” Private Equity Barometer, published in association with Arle Capital Partners.
Retail sector activity benefits from economic woes
The current economy has forced most retail businesses to rethink their strategy, leaving enough space for private equity firms to come in and get their share.
Germany quiets down in Q4
After a substantial increase in deal activity in Q3, the German private equity market grew quieter again towards the end of 2012.
Cinemas could be the big deal in 2013
While Terra Firma is considering getting out of the movie business, its private equity competitors could see some very attractive investment opportunities this year.
Headcount and turnover on the rise for French PE-backed businesses
French private equity-backed companies have seen their turnover and headcount grow by 9.1% and 5.2% respectively in 2011, according to a recent study by trade body AFIC and Ernst & Young.
Software and retail lead 2012 exit league
General retailers and software & computer services lead the exit rankings for 2012.
Nordic PE investment fell in Q3
Private equity funds invested around €1.1bn in the Nordics in the third quarter, €750m less than in Q2, according to the Argentum Q3 2012 Report. The figures paint Q3 as the trough for the region this year.