The final round of the auction for United Biscuits gets underway this week with Blackstone and Premier Foods the only remaining contenders. While Blackstone's bid is fully funded, there is doubt as to whether the Premier consortium can raise the capital after Kohlberg Kravis Roberts dropped out. Lion Capital is currently in talks with Premier about participating in the bid. NPM Capital, a Dutch private equity group is also part of the Premier consortium.
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017