The mega-deals struck in the boom period of 2005 to 2007 look set to confound the critics and outperform the market, writes Skandia Life’s head of buyouts, Adalbjorn Stefansson.
5 min read · 15 January 2013
GPs that rose with the credit bubble and fell when it burst, and that are coming to market this year to raise funds, are unlikely to gain the kind of support necessary to hit their targets, writes Christopher Witkowsky.
2 min read · 15 January 2013
The middle class in Brazil continues to grow, boosting the opportunities for private equity in the consumer and retail sector in the country, writes Seth Zalkin.
3 min read · 15 January 2013
Several firms have successfully attracted capital from limited partners in an uncertain fundraising environment. Success in closing their funds on or above target – in relatively short periods of time – has to do with several factors, but the common denominator is always performance. Here, we look at a few of the groups finding favour with limited partners. Christopher Witkowsky reports
7 min read · 15 January 2013
Korda Mentha has acted as receiver for a number of distressed Australian toll roads, most recently Brisbane’s ill-fated Clem7 tunnel. Partner Martin Madden talks through a typical process and explains how some lenders can profit from it.
4 min read · 15 January 2013
Dexia Credit Local, the French arm of European bank Dexia, has hired Terry Sanabria in New York to lead its distribution of project and infrastructure financings.
1 min read · 15 January 2013
There is good money to be made when infrastructure concessionaires collapse – just look at how quickly hedge funds replaced the 24 lenders on the hook for Australia’s Clem7 toll road.
3 min read · 15 January 2013
The Korean buyout firm is looking to sell its 30.7% stake in the credit card company to telecommunications company KT Corporation.
1 min read · 15 January 2013
Affinity Equity Partners-backed clothing company Colorado Group has been placed into administration after its creditors rejected rescue proposals. It is the second time in six months a private equity-backed Australian business has gone into administration following Pacific Equity Partner’s REDgroup last October.
2 min read · 15 January 2013
KKR’s mezzanine group, led by Fred Goltz, has been partnering with other private equity firms on mezzanine deals, but may put more focus into finding non-sponsored transactions this year.
3 min read · 15 January 2013