Up to 80 per cent of the economic capital put into an LBO doesn't come from private equity funds: it is provided by banks as debt. Given the pivotal role leverage has to play, what's the present state of the leveraged finance market? Robin Burnett reports.
8 min read · 12 January 2013
US buyout firms are cash rich and pricing looks sweet, but unless the debt markets reopen, dealmaking will remain slow, writes David Snow in New York.
5 min read · 12 January 2013
Private Equity International's deal mechanic takes a look under the bonnet of the buyout of Yell, a deal that may yet emerge as European LBO of the year.
4 min read · 12 January 2013
Royal London, the £26bn asset manager, has teamed up with industry veteran David MacLellan to raise a £200m private equity fund.
2 min read · 11 January 2013
BC Partners, Cinven and Bain & Co are competing for Klöckner Pentaplast, the plastic film manufacturer.
1 min read · 11 January 2013
The beleaguered fund plans to cease all activities in December 2004 but in the meantime has law suits, restructurings and attempted exits to sort out.
3 min read · 11 January 2013
Down Rounds Syndrome: A Roundtable Discussion 2001-11-23 Staff Writer <i>This week Letter from America is by David J. Blumberg of Blumberg Capital.</i><br><br><a href=http://www.privateequityonline.com/LetterAmerica.asp?ID=1851>Part 1 of this article</a> looked at "Down
10 min read · 11 January 2013
The private equity house has reportedly made a £160m offer for UK Coal, Britain’s largest coal producer.
2 min read · 11 January 2013
Barclays Private Equity has closed its second deal in a week with the management buy-out of UK-based delivery company Nightfreight.
1 min read · 12 January 2013
The latest stage in this long-running saga sees the company making a $1.46 charge per share as a result of writing off $30m from its FLV Fund Korea. It still expects to recoup the capital in a court case.
2 min read · 12 January 2013
