Buyout firm Texas Pacific Group has closed its South Korean office, soon after two rival firms ran into legal difficulties in the country amid a growing backlash against foreign investors.
1 min read · 12 January 2013
The International Monetary Fund’s doom-laden warnings about the potential damage to financial markets of a high-profile private equity deal collapse have only worsened the political storm currently surrounding the industry in Europe.
2 min read · 12 January 2013
Kohlberg Kravis Roberts’ £10.1 billion bid for Alliance Boots, potentially the largest European buyout to date, has become the latest deal to attract the ire of the UK-based GMB trade union, private equity’s most vociferous opponent.
2 min read · 12 January 2013
Merrill Lynch has joined forces with Pacific Equity Partners to make its first foray into the Australasian private equity market, with a $659 million offer for credit checking company Veda Advantage.
1 min read · 12 January 2013
Following a tax policy change, many Canadian income trusts are exploring sales to private equity firms. Actual deal activity may not live up to expectations. Rob Kotecki reports.
6 min read · 12 January 2013
With default rates in the US at historic lows, financial sponsors of leveraged buyouts, as well as the providers of that leverage, are feeling confident about the future. But are seeds of destruction being sown amid the optimism? By Wanching Leong.
6 min read · 12 January 2013
Private equity firms are facing unprecedented scrutiny when it comes to transparency and disclosure. Ratings agencies may be able to ease the pressure, argues Paul Watters.
6 min read · 12 January 2013
Specialist credit funds have revolutionised the leveraged loan market. But could this mean trouble for the private equity industry when things start to go wrong? James Taylor and Andy Thomson report.
5 min read · 12 January 2013
Andy Thomson looks at why European debt providers may increasingly have to accept losing influence over private equity's portfolio companies.
10 min read · 12 January 2013
CalPERS is preparing to become a major investor in infrastructure.
4 min read · 12 January 2013
