Vulture 2.0


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Wednesday 21 March 2007 Beginner's Luck
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Media specialist Beringea celebrated the opening of its Shanghai office this month with a China-themed bash featuring a giant, dancing, cabbage-chucking lion. The ancient ritual dates back to the Tang Dynasty and is believed to bestow good luck on new business ventures. Read more

Wednesday 07 March 2007 Doorstep Challenge
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How long before journalists start door-stepping private equity luminaries in their quest to dig the dirt on the business? Read more

Fat of The Band
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Sofinnova, Genevest and EndoArt’s other venture backers are living off the fat of the band at present, following their $97m sale of the Swiss medical device company. Read more

Diamond Geezer
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The champagne event at the SuperReturn conference, sponsored by UBS and KPMG, promised guests the chance to win a real diamond – among the many fakes at the bottom of their champagne glasses. Read more

Motto Competition
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Since the Vulture has become something of an institution in the private equity world, it is time he got his own motto. Read more

Developing Venture
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“Making this the decade of the European venture capitalist” was the title of a break-out session at SuperReturn last week. How to do so was less clear. Read more

Monkey Magic
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A new character has entered the private equity lexicon. He is a cousin of the proverbial monkey that regularly beats stock-pickers at their own game. “Now give that monkey some leverage…” said Guy Hands, at SuperReturn, adding that monkeys are cheaper than private equity people. Read more

Venturing Off-Piste
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Team-building in Chamonix, LP schmoozing in Val d’Isere. Private equity investing may be no holiday, but with some careful diary co- ordination you can certainly get some quality time in on the slopes. Read more

Thursday 22 February 2007 Sea spray
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If you’ve had difficulty contacting Atlas Venture’s Chris Spray of late, it is because he has recently returned from sailing around Cape Horn and into the treacherous Southern Ocean. Read more

Hedge your bids
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Setting up your own firm isn’t as hard as you might think. Take, for instance, item number 120085952931 on eBay. Read more

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LATEST ISSUE

Leader

The sins of the parent The sins of the parent

It is not often that the UK chief of a mid-market private equity house ups and leaves in the midst of an ignominious deal collapse. So when European Capital co-founder Simon Henderson walked away from the firm he helped create last week, the news was greeted with shock.

Top Story

The direct approach The direct approach

As conventional exit options dry up, direct secondaries transactions are beginning to hit GPs’ radars. Will the economic slowdown bring them into the mainstream?


Feature

An interview with Doug Miller An interview with Doug Miller

The outgoing EVPA chairman talks about private equity’s cynics, the evolution of venture philanthropy, and why investors should not hide their charitable activities.


Comment

Full stream ahead Full stream ahead

European GPs are increasingly adopting the US’s deal-by-deal approach to waterfall distribution. But it’s not all smooth sailing, says Stephen Sims of Macfarlanes.


News Analysis

Wellington partners: ready for battle Wellington partners: ready for battle

Exceeding its fundraising target was the easy part. Now for the US-style returns.




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