HarbourVest is backing the restructuring of the 2012-vintage fund, which has reported 25% IRR
Minority shareholder IMS Capital has also filed for insolvency; Getnow is now seeking new investors
Company cited a significant drop in revenues after the closure of its 16 branches due to coronavirus
Automotive services company cited uncertainty of future revenues caused by the coronavirus outbreak
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses the evolution in the secondary market
PE-backed retailers are increasingly following casual dining chains in showing signs of struggling under the downturn in UK consumer confidence
Merged group will have $6bn in assets under management and will trade under the Unigestion brand
Division adds new asset class to firm's buyout, debt and real-estate operations
Restructure and cornerstone fund paves the way for a new hybrid model
Perceived importance placed on succession planning by GPs is not always mirrored by firms' approaches to transitioning control
Merger comes in response to VCT regulatory changes made over the past year
Finnish GP lodges bid to acquire publicly listed investment company Norvestia for merger
SVG board deems Goldman/CPPIB bid preferred option, ahead of HarbourVest and Pantheon/Pomona
Restructuring sees CDP rename the evergreen fund and launch a closed-end vehicle
GP relaunches as BWB Partners, rolls over investments into new vehicle
GP bought the company for £825m almost three years ago
Sanjay Thakkar takes over role from Richard Fleming
Vince Cable is to launch an investigation into the demise of electricals retailer Comet, which had been bought by turnaround specialist OpCapita in November 2011 before going into administration a year later.
Warburg Pincus portfolio company Premier Foods has announced plans to shut down two bakery sites in Greenford and Birmingham next year, in addition to the previously announced closure of its Eastleigh bakery. The decision will result in 900 job losses...
International investment bank Houlihan Lokey has followed a series of senior hires across its global network with the appointment of David Sola as managing director in the group's London M&A team.
Chartered accountant Julia Bennett has been appointed director at MCR’s new Birmingham office.
BC Partners is planning to buy back debt in former portfolio company Foxtons, according to reports.
Dubai International Capital (DIC) has secured approval from a US bankruptcy court for its proposal to restructure the debt of German aluminium business Almatis.
Like other European nations, Italy has enacted a number of emergency measures to respond to the market crisis. This goes far beyond the €24bn emergency budgetary measures: one particularly interesting addition by the Italian government is an attempt...