There has been little progress toward making the International Financial Reporting Standards a good fit for private equity, and hence scant adoption by the industry in Europe
4 min read · 08 February 2013
The New York Stock Exchange-listed Macquarie satellite will use cash accumulated from the dividend suspension to accelerate reduction of its $1.8bn debt burden. It may also seek bankruptcy protection for its heavily indebted airport parking business, which has seen revenues erode due to slower airline traffic.
2 min read · 08 February 2013
One firm wants to be first into Iraq to gain an advantage over more cautious rivals
4 min read · 08 February 2013
Feeder funds, typically offered by private banks, have the highest exposure to high-net-worth individuals, and therefore to potential defaults. David Snow investigates the scale of the problem
6 min read · 08 February 2013
In the wake of an influential limited partner's claim that funds of funds represent “ignorant capital”, Andy Thomson investigates whether they still have a key role to play in the private equity industry
7 min read · 08 February 2013
By 2002, after four years in charge of Silvio Berlusconi's holding company, Claudio Sposito had had his fill of the media spotlight. Since then, he has been attempting to make Milan-based Clessidra the leading private equity firm in Italy. Andy Thomson discovers he has developed a new interest in toys
9 min read · 08 February 2013
A Scottish diagnostics firm is marketing new technology to identify cervical cancer – with the help of venture capitalists
2 min read · 08 February 2013
Philip Yea brought many changes to 3i – to mixed reviews
2 min read · 08 February 2013
In Germany, an iconic maker of model trains has gone bust
6 min read · 08 February 2013
The over-commitment strategy used by many listed private equity vehicles has gone from being a virtue to a vice, but it will survive
3 min read · 08 February 2013
