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.
Tuesday, 8th July 2008
LATEST NEWS
European Founder and VC Fonds Technologie back nugg.ad
European Founders Funds and VC Fonds Technologie Berlin have participated in a third round of financing for nugg.ad, a German provider of predictive behavioural targeting products to advertising agencies.
Wednesday, 9th July 2008
Waterland takes majority stake in GolfRange
Waterland Private Equity has acquired a majority stake in German golf course operator GolfRange.
Wednesday, 9th July 2008
Intel Capital leads €85m investment in Sulfurcell
Intel Capital has led an €85m financing round for Sulfurcell, a German developer and manufacturer of thin-film, electricity-generating solar modules, with a €24m investment.
Wednesday, 9th July 2008
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.
Arcapita to invest $2bn in Chinese wind farms
Arcapita and the Suzlon Energy have set up a joint venture to invest $2bn in Chinese wind farms.
Tuesday, 8th July 2008
Magnum still in the running for Babcock & Brown assets
Spanish firm Magnum Industrial Partners is understood to have reached the final round of bidding for global investment group Babcock & Brown’s European renewable energies assets.
Tuesday, 8th July 2008
Norvestor acquires Wema Group
Norvestor Equity has acquired a 70 per cent stake in Wema Group for an undisclosed sum.
Tuesday, 8th July 2008
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 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I think what's happened is that the concept of risk-adjusted rate of return has been replaced by what I would call risk-ignored rate of return, and people are substituting yield for credit judgement.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
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.
Q&A with Simon Walker
The new chief executive of the BVCA has big ambitions for the UK’s venture capital and private equity industry in 2008.
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.
