Fresh from a strong 2009, the chief executive of Matrix Private Equity Partners explains why he is a “small is beautiful” man, and contends that the VCT model remains attractive.
Wednesday, 10th March 2010
RESTRUCTURING
The ever-growing popularity of collateralised loan obligations is a sign of increasing complexity in the leveraged finance market.
The huge growth in complexity of LBO structures will make restructurings painful for all parties, but especially private equity.
Borrower-friendly terms give sponsors control. But if it comes to a restructuring, they stand to lose everything.
Cross-border restructuring presents a multitude of problems, and as more businesses globalise, the situation will get worse. Changes are afoot across Europe to reform the insolvency process.
LATEST ISSUE
Leader
Venture's victory
The European venture capital industry was given a much-needed fillip at the beginning of this month, when two pieces of good news hit the headlines in the UK.
Top Story
Q&A: Mark Wignall
Fresh from a strong 2009, the chief executive of Matrix Private Equity Partners explains why he is a “small is beautiful” man, and contends that the VCT model remains attractive.
Feature
Competitive disadvantage
Some areas of Central and Eastern Europe may have escaped lightly from the economic downturn, but fierce competition for scarce assets could drive up prices in 2010.
Comment
From Baird to worse
Much of today’s most important technology was invented by Europeans, but – as with venture – the Americans are best at “monetising” innovation.
News Analysis
Out with the old...
The departure of Atlas may be bad news for European venture, but a variety of smaller operators are lining up to fill the funding gap.
