European mezzanine loan issuance increased 30 percent to €1.3 billion in 2012, although senior debt remained the instrument of choice for most types of private equity deals, according to research by investment bank Baird.
2 min read · 28 January 2013
Separation between wholesale and retail price controls will go ahead, but Ofwat’s proposed ability to shift activities accounting for up to 40% of water firms’ total revenues outside of the current price control framework have been nixed.
2 min read · 15 February 2013
Carrying over its 2012 momentum into 2013, private debt fund manager Prefequity will hold a first close for its maiden fund by the end of March.
2 min read · 25 January 2013
Engage regulators now on the emerging issue of ‘decimalization’, urged InterWest Partners chief operating officer Stephen Holmes during his acceptance speech at the PEI CFOs and COOs forum in New York.
4 min read · 15 February 2013
Private debt fund manager Metric Capital Partners will hold a second close for its €300m maiden fund in the next week, with a final close scheduled for March of this year.
1 min read · 24 January 2013
Private equity firms and service providers will be pleased to see a £5 million bank bond requirement erased from Jersey’s LLP law.
2 min read · 15 February 2013
Charles Dallara has joined Partners Group in the US – where he thinks the evolution in the banking sector will provide investment opportunities for his new employer.
3 min read · 15 February 2013
Institutional investors overwhelmingly cite deep due diligence as a prelude to new investments, according to an E&Y survey.
2 min read · 15 February 2013
Greypoint Capital, a Toronto-based start-up launched by former PwC partner Holly Allen, has held a final close for its first debt fund.
2 min read · 23 January 2013
Research from EDHEC Risk Institute, part of France’s EDHEC Business School, suggests that construction risk is a desirable exposure for infrastructure debt investors and should not be ‘pushed out of sight’ as a public sector liability.
2 min read · 15 February 2013