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Private equity: People powered
At the Argentum symposium in Stockholm this week, private equity professionals and academics met to discuss private equity's management methods, highlighting the importance of good people in private equity's success.
EMI dispute to be heard in US court
Private equity group Terra Firma and international financial conglomerate Citi Group are set to fight a legal battle over EMI in a US courtroom next month.
SerComm, UMC and Pacific invest $5m in Ubiquisys
Asian investors SerComm Corporation, UMC Capital Corporation and Pacific Venture Partners have injected $5m into Ubiquisys as part of the companyтs fifth round of funding.
Partners Group closes fund at €650m
Private markets investment manager Partners Group has closed its biggest direct investment fund at its hard-cap of €650m.
British Private Equity Awards: Shortlist announced
unquoteт is pleased to announce the shortlist for the unquote" British Private Equity Awards 2010.
Marcello Bottoli joins Advent International
Advent International has announced that Marcello Bottoli has joined the firmтs Operating Partner Programme.
What's in the box?
Secondary buyouts have grabbed many headlines this year, with the media trying to make the most out of recovering private equity deal activity. тPass the parcelт seems to be the new buzz phrase for 2010, while the negative connotation of this seems to...
Is travel & tourism set to take off?
The travel and tourism sector has been hit hard by the financial crisis, with reports of airlines on the brink of collapse and stranded passengers following the bankruptcy of travel agencies. Despite this, 2010 has seen a resurgence in private equity...
Jonathan Russell departs from 3i
3iтs managing partner of buyouts will leave the company after 24 years, according to reports.
Call in the investigators?
In the private equity world, the term due diligence is most often associated with the verification of a targetтs financial position and trading prospects. Yet, as it is so often said, private equity is a people business: so who, if anyone, does the industry...
Venture Capital: A growing equity gap
Recessions are often looked back on as golden ages for the venture capital industry, as the next generation of successful and innovative businesses rise from the ashes of economic collapse. However, speaking to attendees of this yearтs Seedcamp last night,...
Bridgepoint appoints ex-M&S chief
Former Marks & Spencer chief executive Sir Stuart Rose is to join private equity firm Bridgepoint as an adviser.
17Capital closes first fund at €88m
17Capital announced the final close of its first fund, 17Capital Fund, which raised тЌ88m.
Basel III: Capital requirements and the cost of leverage
The Basel III banking regulations took a major step forward over the weekend when central bankers agreed on the latest set of rules to prevent future financial crises. Higher capital requirements for banks have hit the headlines, but what effect will...
Central banks agree Basel III rules
Central bank governors have agreed new capital requirements for banks as part of Basel III.
AIFMD vote delayed yet again
The vote, initially scheduled for the week of 20 September, is now likely to take place in October, according to a French senior lawmaker.
Eden Ventures in five early-stage investments
Eden Ventures has made five new investments in UK early-stage technology companies, with amounts ranging in size from ТЃ100,000 to ТЃ1m.
PineBridge appoints Lord Davies as non-executive chairman
PineBridge Investments has appointed E.Mervyn Davies as non-executive chairman.
New compromise suggested on AIFM Directive
As Europeтs politicians return from the summer recess, negotiations over the final shape of the Alternative Investment Fund Managersт (AIFM) Directive have resumed. A revised compromise on the Directive, issued by the new Belgian presidency, will now...
GE Corporate Finance appoints new president and CEO
GE Capital has hired James Fenner as president and CEO of its European leveraged finance business, GE Corporate Finance Bank.
Great expectations
Itтs always interesting to gauge the mood of private equity practitioners and their expectations after the summer break. Two years ago, when the financial markets were in disarray following the Lehman collapse, deal activity came to a standstill and then...
Forbion closes two funds
Forbion Capital Partners announced the final closing of two life science funds FCF I Co-Invest Fund and FCF II, raising a total of €190m.
Private equity dines on restaurants
Burger King, one of the worldтs biggest fast food brands, is set to become private equity owned yet again. The $4bn acquisition will be one of private equityтs biggest forays into the catering sector, but interest in restaurants has remained strong throughout...
Candover story: Media picture lacks clarity
The announcement by Candover Investments plc that it is abandoning new investments to focus on returning cash from the sale of its remaining portfolio assets has certainly grabbed many headlines in recent days. But is the mainstream press sensationalising...