20 most Influential
A tumultuous 12 months on from the onset of the credit crunch, we asked 500 of the industry’s biggest hitters to name the most powerful people in European private equity.
Tuesday, 12th August 2008
LATEST NEWS
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
F&C closes fund of funds on €173m
F&C Management has held the final close of its Europe-focused mid-market fund-of-funds on €173m.
Monday, 7th July 2008
Ventizz acquires SSP Technology
Ventizz Capital Partners has acquired a 72.28 per cent stake in SSP Technology in a deal that values the company at €51m.
Monday, 7th July 2008
BVCA attacks pension regulator reforms
Government plans to hand more power to the pension regulator will reduce private equity investment in UK companies and hurt the economy, the BVCA has warned.
Monday, 7th July 2008
Advent Venture Partners appoints Mike Chalfen as general partner
Advent Venture Partners has appointed Mike Chalfen as general partner in the firm’s technology team.
Monday, 7th July 2008
TPG quits as ratings blow hits B&B
TPG Capital has walked away from its £179m (€225m) investment in Bradford & Bingley after credit rating agency Moody’s cut the bank’s rating.
Friday, 4th July 2008
Laxey acquires logistics group
Laxey Partners has acquired TDG, a logistics group that runs supermarket group Sainsbury’s supply chain, in a deal valuing the business at £203m (€255m).
Friday, 4th July 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I think what's happened is that the concept of risk-adjusted rate of return has been replaced by what I would call risk-ignored rate of return, and people are substituting yield for credit judgement.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
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.
LATEST ISSUE
Leader
It’s crunch time
The European private equity community is solemnly marking the first anniversary of the credit crunch this week with an extended summer holiday.
Top Story
20 most Influential
A tumultuous 12 months on from the onset of the credit crunch, we asked 500 of the industry’s biggest hitters to name the most powerful people in European private equity.
Feature
London 2012: the private equity opportunity
As the British public gets behind its athletes in Beijing this month, UK private equity firms are also under starter’s orders. Buyout houses targeting everything from construction and hospitality to recruitment, software and plumbing are preparing to compete for the Olympian opportunities presented by London 2012.
Comment
Will buyout terms protect LPs?
The simple arithmetic of private equity means refinancing concerns go a lot further down the deal spectrum than anyone previously thought.
News Analysis
Parting companies
Partech International Partners, the latest in a string of transatlantic divorces, has reignited the question of whether long-distance relationships can last.
