UK / Ireland

DIC retains control of Almatis

Dubai International Capital (DIC) has secured approval from a US bankruptcy court for its proposal to restructure the debt of German aluminium business Almatis.

Exit volumes remain low despite positive noise
Exits: Volumes fail to make major recovery

Recent months have seen what seems like a flurry of exit activity, with secondary buyouts and IPOs dominating the headlines. However, exit volumes have barely reached levels seen this time last year. John Bakie investigates.

JC Flowers invests £50m in Kent Reliance

JC Flowers has reportedly sealed a £50m deal to buy 40% of UK building society Kent Reliance, as the US investor continues to expand its footprint in the European financial sector.

  • DACH
BoA first to bow to Volcker Rule

Bank of America (BoA) has spun out its private equity arm, making it the first to do so since the Volcker Rule was introduced in the US last month.

Growth capital to plug the funding gap
Growth capital: plugging the funding gap

Following the publication of the Green Paper "Financing a private sector recovery" by the government last week, Emanuel Eftimiu looks at the proposal to find a financing solution for SMEs in the UK.

AC Desarollo backs Grupo NRSur

AC Desarollo, via its fund AC Capital Premier II FCR, yesterday announced its third deal of the year, providing an undisclosed package of expansion capital to back the fast food franchise business Grupo NRSur.