Alliance Boots deputy chairman Stefano Pessina is set to land a windfall of more than £600 million if his take-private bid for the group is accepted – roughly the same amount that may be required to plug the company’s current pension deficit.
2 min read · 12 January 2013
Weil, Gotshal & Manges offers a jurisdiction by jurisdiction review of key aspects of Asian insolvency laws currently in place, and some noteworthy changes on the way.
10 min read · 12 January 2013
Distressed investors in China and Japan can rarely rely on formal control to improve the fortunes of their targets. Successful workouts require a blend of local talent, rigorous due diligence and above all, a healthy dose of diplomacy. Rob Kotecki reports.
9 min read · 12 January 2013
The law of unintended consequences decapitates the Qantas board after the proposed $9 billion de-listing of Australia's national airline fails and forces its most vigorous proponent to quit.
5 min read · 12 January 2013
Nicholas Lockey, editor of PrivateEquityOnline.com, looks behind the headlines of the last four weeks on the web.
3 min read · 12 January 2013
Which limited partners are best at investing in private equity? In its third annual investor survey, PEI asked the investor relations professionals at the world's leading general partner groups. James Taylor examined the results.
5 min read · 12 January 2013
Fifty finest..Continue 2007-06-01 Staff Writer <strong>STEPHEN SCHWARZMAN, BLACKSTONE GROUP</strong><br> Always bet on Blackstone. The firm has moved from success to success largely because its chairman and chief executive Stephen Schwarzman demands nothing less. The strong, early track re
5 min read · 12 January 2013
Under the leadership of Jonathan Russell, 3i's under-performing buyout division has been transformed into a leading mid-market investor. But how will Russell be able to maintain this momentum in the face of fierce competition and mounting external scrutiny? James Taylor met him in London in May to find out.
10 min read · 12 January 2013
Cerberus Capital Management may be the envy of some of its rivals.
7 min read · 12 January 2013
George Anson, the head of HarbourVest in Europe, has warned private equity firms against complacency and excessive leverage.
5 min read · 12 January 2013
