UK / Ireland

EUROPE - Allen & Overy to cut back banking teams

Law firm Allen and Overy, which earlier this year announced that it was to make a series of redundancies as part of a wider restructuring, is reportedly planning to substantially scale back its banking teams worldwide, which could lose as much as a third...

GLOBAL - Riverside promotes 12 and hires four

International private equity firm The Riverside Company has promoted 12 employees and hired three investment professionals as well as a new assistant director of marketing and communications.

Trusting VCTs

VCTs will struggle as the markets they're listed on shrink. Consolidation has already started. To keep VCTs - and the fledgling businesses they back - afloat, continued government support is needed. By Nicola Bock

Tell me something good

Nowadays good news is roughly as scarce as leverage. Broadsheets are full of statistics on how many jobs will be lost and constantly threaten further sterling devaluation through quantitative easing (which curiously seems as imminent as it does elusive)

Debt Q&A

For months the markets have focused on the negative aspects of the credit crunch. But alas there is a silver lining - deal sourcing should be improved, allowing private equity firms to secure attractive entry multiples. unquote" editor-in-chief Kimberly...

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...