Ontario Teachers’ is not content to play the passive LP. The $110bn Canadian pension fund has cut out the middle man and is investing direct. Now it is coming to Europe.
Tuesday, 8th July 2008
Debt - Structuring
The volume of leveraged buyouts increased significantly in 2006 owing to the ready availability of debt. This may not continue in 2007 as competition grows and failed syndications take their toll.
Buy-out firms are making the most of the changed credit environment. Beneath the heady multiples they are also securing some highly attractive funding terms. By Ross Butler
LATEST ISSUE
Leader
United we stand
The Danish Walker report – as it has inevitably been dubbed – makes its namesake’s once revolutionary strides towards transparency in private equity seem just a little
half-hearted.
Top Story
Direct action
Ontario Teachers’ is not content to play the passive LP. The $110bn Canadian pension fund has cut out the middle man and is investing direct. Now it is coming to Europe.
Feature
Back to front
As more onerous reporting requirements combine with recession-induced cost pressures, fund administration providers are stepping forward from the back office.
Comment
Get ready - to wait
Hopes for a deluge of western-style private equity deals in China are misconceived and premature.
News Analysis
Danish “Walker report” ups ante on disclosure
The Danish private equity and venture capital association, DVCA, has unveiled a set of transparency guidelines for buyout houses operating in Denmark.
