LATEST NEWS

Private Equity Partners opens India office

Private Equity Partners has opened an office in Mumbai to support the development of portfolio companies in Asia.

Tuesday, 8th July 2008
Carlyle invests in China’s Sinorgchem

The Carlyle Group has invested $87m (€55m) in Sinorgchem, the largest Chinese supplier of key chemicals used in the production of rubber.

Tuesday, 8th July 2008
Warburg Pincus appoints Meyer as entrepreneur-in-residence

Scott Meyer has joined Warburg Pincus as entrepreneur-in-residence.

Tuesday, 8th July 2008
Bain and Blackstone stump up own debt for $3.2bn Weather deal

Bain Capital, the Blackstone Group and NBC Universal have acquired Weather Channel from Landmark Communications for $3.2bn.

Monday, 7th July 2008
Bankers agree to give BCE deal the go ahead

The largest private equity deal ever attempted is now a step closer to completion after a deal was struck with bankers.

Monday, 7th July 2008
QIA in talks with Blackstone over Four Seasons recap

The Qatari Investment Authority is in talks with a number of parties, including Blackstone and Macquarie, regarding a possible recapitalisation of care homes business Four Seasons.

Monday, 7th July 2008
Doughty-backed 20:20 completes restructuring

Doughty Hanson has injected £15m of fresh capital into portfolio company 20:20.

Monday, 7th July 2008
MML backs management buyout of EIC

MML Capital Partners has backed the management buyout of EIC, a UK provider of mechanical and electrical services to the public and private sectors. The total consideration for the deal was around £40m.

Monday, 7th July 2008
Realza Capital in €150m final close

Realza Capital hit target on its debut fund with €150 in commitments.

Monday, 7th July 2008
Jefferies hires BarCap’s Bracey

Jefferies has hired former Barclays Capital director Andrew Bracey to lead the group's consumer and retail investment banking division in Europe and the Far East.

Monday, 7th July 2008

QUOTES OF THE WEEK

I think what's happened is that the concept of risk-adjusted rate of return has been replaced by what I would call risk-ignored rate of return, and people are substituting yield for credit judgement.

Wilbur Ross

Private equity companies have targeted car parks as a cash cow, taking over £1 billion out of the industry in the last few years

Rob Kelsall, GMB, responsible for car park workers
Queen fails to save Northern Rock 18, 18 Oct 2007 May the Esprit be with you 18, 18 Oct 2007 Flat tax haven 18, 18 Oct 2007 The deer-hunter 18, 18 Oct 2007
Karsten Langer

Karsten Langer, deal origination partner at global private equity house Riverside, describes the firm’s plans for international domination of the lower mid-market.


Jonathan Russell

The new chairman of EVCA and 3i’s global head of buyouts warns that unless the industry is unified, it faces a continental wave of anti-private equity legislation.


Second chances

As primary private equity investors feel the full force of a credit crisis and global slowdown, a panel of counter-cyclical secondaries experts are preparing for a deluge of deal flow.


Robert Coke: Wellcome Trust

Senior investment officer Robert Coke on sleepy GPs, listed management companies and plans to become a debt provider.


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LATEST ISSUE

Leader

The risk of rewards The risk of rewards

As Western economies spiral headlong towards recession, curbing fat cat pay packets has become a political priority.

Top Story

Gulf stream Gulf stream

The European Islamic Investment Bank is the first in a flood of new Middle Eastern institutions combining Western talent with Gulf dollars to invest in the European mid-market.

Feature

Hanneke Smits: Adams Street Partners Hanneke Smits: Adams Street Partners

With in the region of $2.1bn of commitments planned this year, Hanneke Smits of Adams Street Partners on emerging markets, European venture and blind pool risk.

Comment

A day to remember A day to remember

The tale of Gloria Vila should serve as a reminder that even bit players can have a big impact on LBOs during tougher economic times.

News Analysis

Tuning in to IPTV Tuning in to IPTV

Traditionalists and revolutionaries battle to shape the future of online viewing.


Real Deals 24.7.08

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