AnaCap Financial Partners, a new pan-European private equity firm focusing on the financial services sector, has raised an oversubscribed €300m vehicle.
2 min read · 12 January 2013
Vittorio Pignatti Morano, Lehman’s former co-head of European M&A, has been appointed to head up the global investment bank’s European private equity activities.
2 min read · 12 January 2013
General Motors has agreed to sell a 51 percent stake in its General Motors Acceptance Corp to private investment groups affiliated with Cerberus and Citigroup in a $14 billion deal that is designed, in part, to help restore the financing unit’s credit rating.
3 min read · 12 January 2013
The profile of senior secured debt continues to increase in Europe and the UK as private equity firms target distressed opportunities. By Aaron Lovell.
2 min read · 12 January 2013
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.
10 min read · 12 January 2013
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.
10 min read · 12 January 2013
WL Ross & Co.'s head and namesakeWilbur, Ross, is poised to strike each time an industry enters a downturn. Ken MacFadyen sat down with him to hear what lies on the horizon for one of the best-known trouble-seekers in the investment industry.
9 min read · 12 January 2013
Foreign private equity firms appear to have become public enemy number one in South Korea – but they're not alone in feeling the heat from regulators.
3 min read · 12 January 2013
The creator of a European online lending business has raised €300m for a debut private equity fund.
5 min read · 12 January 2013
KKR is about to test the market's appetite for listed LBO funds.
6 min read · 12 January 2013