Private equity legend Ted Forstmann is returning to active investment, after winding down his own firm in 2004. He is raising a $250 million media and entertainment fund with Chris Albrecht, formerly the head of HBO.
2 min read · 12 January 2013
Darwin Private Equity has held a second close of its debut fund just three months after launching with the backing of City grandee Lord Jacob Rothschild and his RIT Capital Partners trust.
2 min read · 12 January 2013
Listed German mid-market buyout firm Deutsche Beteiligungs' head Wilken von Hodenberg (pictured) has emphasised the firm's relatively lowly leveraged business to defend its positive outlook in contrast to its two month share price plunge.
2 min read · 12 January 2013
European Capital has expanded its German debt team as it looks to benefit from reduced competition in the credit markets following the exit of CLOs and hedge funds.
2 min read · 12 January 2013
The beleaguered NYSE-traded affiliate of KKR will raise roughly $191 million through the sale of seven unidentified direct stakes in portfolio companies amid ‘disruption’ in the mortgage market.
2 min read · 12 January 2013
The chairman of UK private equity investor SVG Capital says changes to the tax deductibility on interest payments on leveraged loans would be damaging to private equity funds and their investors.
2 min read · 12 January 2013
Angelo Gordon has bolstered its private equity group before raising its fourth private equity fund, which is targeting $700 million, and a “reserve fund” aiming for $200 million.
2 min read · 12 January 2013
Noble Fund Managers has held the first close of its venture debt fund.
1 min read · 12 January 2013
Central and eastern European buyout firm Mid Europa Partners has carried out a rapid refinancing on Polish telecommunications company Aster, persuading banks to leverage the company seven-times and provide the largest ever senior credit facility in the region.
2 min read · 12 January 2013
The credit crunch has made investors more demanding of the debt they buy, according to rating agency Standard & Poor’s.
2 min read · 12 January 2013
