Private equity securitisation as a fundraising technique had all but disappeared from view. Then two collateralised debt obligations, SVG's Diamond and Tenzing from Invesco Private Capital, braved the market in 2004. Will there be others, asks Philip Borel
9 min read · 12 January 2013
In 2002, Guy Hands took his team of professionals at Nomura Principal Finance Group and spun out from the Japanese securities house. Since then, Terra Firma has raised a multi-billion Euro fund and been trawling Europe for assets. But for Hands there has also been the small matter of growing and managing the business. In January, Philip Borel stopped by the group's new home on the South Bank of the River Thames to ask how things were going
10 min read · 12 January 2013
SVG Advisers, the fund advisory arm of London-listed private equity fund of funds SVG Capital, has raised €400m through a collateralised fund obligation (CFO) fund.
2 min read · 12 January 2013
Joe Bartlett explains the fundamental characteristics of a pledge fund.
3 min read · 12 January 2013
A private equity syndicate led by Newbridge Capital is reported to be close to acquiring a one third stake in Japan’s leading consumer finance group.
2 min read · 12 January 2013
Market economies don't come much more turbulent than Russia's. To a growing number of private equity practitioners though, therein lies part of its attractiveness. In the wake of a major terrorist attack and a constriction of government controls, general partners active in the country tell Art Janik that Russian risk remains worth taking
10 min read · 12 January 2013
The new head of CalPERS' $20 billion private equity programme plans to expand from the powerful platform he built alongside his former boss, Rick Hayes. David Snow visited Leon Shahinian at 400 P Street to learn more about the tastes, ambitions and challenges of this Sacramento native
10 min read · 12 January 2013
Private equity firms are making inroads into Germany's corporate debt markets
6 min read · 12 January 2013
Having spent over three decades in the industry, Sir Robert Smith is a big name in UK private equity. Now retired (well, kind of), a recent non-executive appointment to the board of directors of 3i Plc means the veteran dealmaker is about to return to the action. Here he talks to Philip Borel about where British private equity came from and where it is going
10 min read · 12 January 2013
Weak returns among Canada's heavily government-subsidised labour-sponsored investment funds bring into question their future. Independent venture firms won't shed tears at their demise
4 min read · 12 January 2013