Linklaters’ banking partners Annette Kurdian and Nick Syson outline the shift to tighter deal terms and structure which began amid last summer’s liquidity crisis and shows little sign of abating.
3 min read · 12 January 2013
In Asia, the credit crunch has had limited impact on debt markets so far. Buyout pros and leveraged finance specialists in Hong Kong and Singapore are nevertheless bracing for tricky times. By Patricia Lee.
6 min read · 12 January 2013
Obstacles still remain, but Europe's private equity markets are becoming more integrated. Peter Cornelius and Karlijn Juttmann of AlpInvest Partners look at the implications.
9 min read · 12 January 2013
Hamilton ‘Tony’ James is the day-to-day leader of what has now become one of Wall Street's most powerful and admired firms – Blackstone. His tenure as president and COO of Stephen Schwarzman's creation is not the first time he has dramatically upsized a private equity operation. As head of DLJ Merchant Banking, James presided over one of the dominant private equity business of the 1990s with loyal personnel across the US, Europe and Asia. He is now duplicating that success at Blackstone, but on a much larger scale. James met recently with David Snow for a conversation about where Blackstone is today and where he intends to steer it in the coming years.
6 min read · 12 January 2013
The new service opens up a treasure trove of historic returns information.
5 min read · 12 January 2013
Europe appears on the verge of a mezzanine revival.
6 min read · 12 January 2013
Exponent Private Equity, a UK mid-market firm founded in 2004, has closed its second fund with commitments of £805 million ( €1 billion; $1.6 billion). The fund is double the amount raised in the first fund in 2004. Investors included funds managed by Pathway, Pantheon Ventures, Danske Private Equity, MassPRIM, OMERS Capital Partners, NYL Capital Partners and Bank of Scotland, as well as substantial US endowment and European private family sources. Hugh Richards, one of the firm's four founding partners, answers PEI's questions.
2 min read · 12 January 2013
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number nine – London broke records in 2007 for the most expensive property ever sold. Were the sellers calling the top of the market?
2 min read · 12 January 2013
The spin-out from 3i is profiting from investor appetite for mid-market deals as the credit crunch hits large buyouts.
3 min read · 12 January 2013
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number nine – London broke records in 2007 for the most expensive property ever sold. Were the sellers calling the top of the market?
2 min read · 12 January 2013