ICG related stories
All articles and analysis
leveraged finance special(4)In Asia, the credit crunch has had limited impact on debt markets so far. Buyout pros and leveraged finance specialists in Hong Kong and Singapore are nevertheless bracing for tricky times. By Patricia Lee.
- EUROPE NEWS CONTINUED DEAL FLOW
EUROPE NEWS CONTINUED DEAL FLOW 2008-11-01 Staff Writer London-based Central and Eastern Europe investor Mid Europa Partners has paid an undisclosed amount to purchase Lehman Brothers' 37.3 percent stake in Czech telecom provider Falcon Group. Mid Europa and Lehman were members of an
- A WINDOW OPENS
Europe appears on the verge of a mezzanine revival.
- ICG closes second Asia Pacific fund on $1bn
The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.
- ICG finds opportunity in credit crunch
The UK finance provider’s full-year fiscal profits climbed 8 percent as banks continue to suffer from the credit troubles.
- Argos Soditic raising €150m sponsorless mezz fund
Mezzanine’s resurgence gathers apace as the European buyout firm diversifies into loan financing in the changed investment climate post-credit crunch.
- ICG raises £175m to seize credit squeeze opportunity
The specialist investment firm’s loan book grew by 16.5 percent as it helped banks reduce their balance sheet exposure to transactions underwritten before the problems in the credit market became apparent.
- DE Shaw beefs up European direct capital team
The global hedge fund has recruited two bankers from Lloyds TSB after employing the UK bank’s former head of structured finance last year to set up its direct capital team.
- Adapting for survival
Although mezzanine remains the subordinated debt instrument of choice for many sponsors in Europe, life is tough for specialist providers today. But, as Joanna Hickey reports, the specialist funds remain upbeat – insisting that, with rising volumes, their sponsor relationships and their own adaptation to market changes, they are still getting enough work.
- Strangers in the structure
In April, Private Equity International gathered together a group of leading European private equity professionals to reflect on deepening liquidity in the leveraged finance market. The rise of the institutional investor was a major talking point, reports Andy Thomson.