Change and survival
Deals arranged before the summer are still completing in Spain and Italy, albeit behind schedule. Some of them have even been fortunate enough to benefit from ephemeral instruments such as portable financing (see Deal in Focus, page 28). Nowadays, there is a considerable amount of self-praise from GPs for every deal closed - when 3i acquired gardening business GGP from ABN AMRO Capital, it was said that a "good dose of courage and creativity" was key to a successful acquisition.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater