Counter strike
As the European parliament bears its teeth once more, closing in on sweeping anti-private equity legislation, Europe’s industry bodies have orchestrated a plan to take on the regulators. Private equity awaits the Brussels Task Force.
Tuesday, 11th November 2008
LATEST NEWS
Permira hires former KPMG vice chairman
Permira has appointed former international vice chairman of KPMG Hiroaki Yoshihara as a senior adviser.
Wednesday, 15th October 2008Glide Pharma receives £2.2m fourth round of funding
The Oxford Technology VCTs have led a £2.2m (€2.83m) fourth round of funding for Oxford-based pharmaceutical company Glide Pharma.
Wednesday, 15th October 2008Oxford Technology leads £2m investment in MirriAd
Oxford Technology Enterprise Capital Fund has led a £2m (€2.9m) round of financing in embedded advertising business MirriAd, alongside existing investors London Seed Capital, South East Growth Fund and Seraphim Capital.
Wednesday, 15th October 2008High-Tech Gründerfonds and Bayernkapital exit Vanatec
Telerik has acquired High-Tech Gründerfonds and Bayernkapital-backed Bulgarian software business Vanatec for an undisclosed sum.
Wednesday, 15th October 2008Sepides, Sodena and Principia launch Spanish nanotech fund
Sepides, Sodena and Principia have launched a dedicated Spanish nanotech fund with an initial commitment of €4.5m.
Wednesday, 15th October 2008Advantage ditches LP model for third fundraising
Advantage Capital, a UK lower mid-market private equity house focused on distressed and special situations, has secured a £25m cornerstone commitment for its third fund.
Tuesday, 14th October 2008Private equity firms take on Green for Baugur debt
Topshop and BHS owner Sir Philip Green faces competition from banks and private equity firms to buy the debt of Icelandic group Baugur.
Tuesday, 14th October 20083TS to launch new €200m fund
Central and Eastern European investor 3TS Capital Partners will launch a new fund later this year, targeting €200m.
Tuesday, 14th October 2008Barclays Private Equity appoints Altium's Whitehead
Barclays Private Equity has appointed Steven Whitehead as an investment manager in its Manchester team.
Tuesday, 14th October 2008Dotcorp and GP Bullhound lead $5m investment in MyThings
Dotcorp Asset Management and GP Bullhound Sidecar have co-led a $5m (€3.6m) second round of funding for online registry MyThings.
Tuesday, 14th October 2008QUOTES 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 RossPrivate 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
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Oct 2007
Talking tacheback Alan Greenberg of Invex Capital talks about his involvement with the Everyman Male Cancer Campaign and the inaugural Private Equity TacheBack challenge.
Q&A with Graham Hallworth The new chairman of Clearwater Corporate Finance and front man for the biggest turnaround that never was talks about the curse of a weak government, a bank-inflicted recession and how to get restructurings right.
Chris Gradel: Pacific Alliance The co-founder of a six-year-old Asian investment group, with $4.5bn under management, talks about the Chinese consumer, the first-ever Chinese LBO and being thrown in at the deep end.
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.
LATEST ISSUE
Leader
Change will come
Barack Obama’s landslide victory in the race to become the next leader of the free world has been heralded as a triumph for democracy, race relations and world peace. But as the US economy plummets ever deeper into recession, no amount of rousing oratory will steady this sinking ship.
Top Story
Counter strike
As the European parliament bears its teeth once more, closing in on sweeping anti-private equity legislation, Europe’s industry bodies have orchestrated a plan to take on the regulators. Private equity awaits the Brussels Task Force.
Feature
Vincent Gombault, Axa Private Equity
AXA Private Equity’s head of fund investment on the dangers of too much diversification, the benefits of staff turnover and why, for him, venture investment just can’t work.
Comment
Warranty deeds
As warranty claims become a more attractive option for clawing back cash, Nadim Meer and Mike Hawthorne of Dundas & Wilson explain how buyers and sellers will differ in their strategies.
News Analysis
A wave of opportunitiesThe launch of UK wave power front-runner Pelamis could lead to more venture investment in a hitherto neglected area of cleantech.
