Performance
unquote" Annual Review 2013
The premier reference resource on European Buyouts
We’re all above average
One Nordic adviser told me recently, "We have more than doubled our number of billing hours since Easter."
Fees: GPs surrender to LPs
After years of GPs and LPs operating under a standard relationship model, asset managers are beginning to balk under the LP pressure for increased transparency and fee reductions as institutional investors become more aggressive in cutting costs. Gail...
Making concessions
Early indications of the results from a recent survey conducted by Nordic unquote” and SVCA, looking at the private equity industry 10 and 25 years from now, suggest the community is already lowering expectations for the future.
Swedish PE-backed companies higher growth than peers
A recent study by the SVCA and Ernst & Young show that private equity-backed companies in Sweden perform better than its peers.
Listed PE investors expect a buoyant 2010
Private equity professionals are forecasting a more favourable investment environment in 2010, with a significant majority expecting an improvement in the availability of debt financing, according to new research.
LPs throw out the old for the new
It is now common knowledge that fundraising for private equity funds this year will be tough to say the least. Many, however, do not realise just how tough. News reports this week suggest that LPs are now considering severing ties with some GPs altogether...
To SBO or IPO, that is the question
Recent evidence has shown that for good companies the barren exit market of last year has been replaced by a tug-of-war between viable divestment routes, writes Emanuel Eftimiu
Germany’s importance to grow as private equity recovers
Germany’s significance in terms of overall European private equity is set to increase in the coming years, with international funds indicating that they will target the region more over the next five years. Mareen Goebel reports.
Trouble ahead
Industry LPs reveal their sombre side, predicting that a quarter of all private equity fund managers will go out of business and a tenth of investors could default on capital calls. By Ashley Wassall
Default rates double; set to escalate further
For years bearish professionals have been warning of imminent and widespread defaults. Now it seems they are upon us, with double-digit default rates expected within the year. Kimberly Romaine reports
Testing times
Without covenants to offer early warnings, GPs are trawling their portfolios - today's defaults may be the tip of the iceberg
Beauty or the beast?
Private equity's bad rap has spread from trade unions to vendors to Brussels. The industry will overcome this for myriad reasons: its attempts to stave off negativity; its ability to efficiently execute deals and, most of all, the fact that sellers may...
UK - Prices steady, deals down
According to the latest Private Company Price Index (PCPI), produced by accountancy firm BDO Stoy Hayward, sales of privately owned mid-market companies in the UK declined in Q4 2008 but prices remained stable.
Q&A: Weathering the 'perfect storm'
Following an almost doubling of activity in the German small- and mid-cap segment January and September 2008, the financial crisis finally began to take its toll on the space in the final quarter. Mareen Goebel speaks with Andreas Schober , vice-chairman...