The bidding war for Spanish-themed restaurant chain La Tasca escalated today as a consortium made up of Kaupthing and Robert Tchenguiz, the property entrepreneur raised its bid by 6% to £104.2m. This follows a series of bids and counter-bids between the Kaupthing team and Tragus, the owner of the Bella Italia and Cafe Rouge restaurants backed by Blackstone.
Asset manager plans expansion into PE GP-leds, bolstering its existing real estate secondaries strategy
Sale to Australian travel agency Flight Centre marks the 13th exit for the GP’s 2010 buyout fund
UK small-cap sponsor could return to market for its next GBP 125m fund at the end of 2023
France-headquartered GP stakes investor is seeking to support sponsors as they become multi-strategy managers, co-founder Dominique Gaillard tells Unquote