Private equity firms have quite literally been on a shopping spree. Buyouts in the retail/consumer sectors in the past five years attracted the most capital from the world’s largest private equity firms. How will they cope now that the sector has taken a turn for the worse?
1 min read · 08 February 2013
A survey of 30 European private equity professionals reveals that more than half of respondents expect to restructure one or more of their portfolio companies in the next 12 months.
3 min read · 08 February 2013
The Eastern European-focused alternative asset manager gave its first live online question and answer session, with senior investment executives making predictions for 2009. Last week Apax for the first time used an online video to communicate with investors.
2 min read · 08 February 2013
AIG Global Real Estate, the property investor and fund management arm of global insurance and financial services company AIG, is planning the sale of its fund management business. Financial details were not disclosed.
1 min read · 08 February 2013
As private equity write-downs proliferate, the secondaries market is providing much-needed cheer, writes Andy Thomson.
2 min read · 08 February 2013
Wall Homes, the Warburg Pincus-backed homebuilder, has filed for Chapter 11 bankruptcy protection blaming falling home sales in Texas and the credit squeeze. Warburg Pincus’ eighth buyout fund is owed $42m.
2 min read · 08 February 2013
Apollo founder Leon Black has expressed confidence in the more than $15bn in senior loans owned by his firm, saying the risk/reward profile of the investments remained highly attractive despite margin call headaches. Apollo closed its seventh buyout fund on $14.8bn in December.
2 min read · 08 February 2013
Emerging markets are best placed to weather a global financial downturn, writes Jerome Booth.
3 min read · 08 February 2013
The investment in Digital Marketing Solutions follows an initial round of funding by IDG Ventures Vietnam and will help the company enhance its mobile and online advertising services.
2 min read · 08 February 2013
Profits in the fourth quarter for the New York-based firm, which manages more than $1tn in assets, were hit especially hard by hedge fund and real estate losses.
2 min read · 08 February 2013
