The fundraising carousel remains in full swing, and limited partners are struggling to cope with the pace. With strong distributions driving new commitments, few practitioners are preparing for a slowdown. Philip Borel reports.
8 min read · 12 January 2013
Nikko Principal Investments has sold UK firm RoadChef to an Israeli real estate group for £375 million. Nikko had owned the motorway service station chain for nearly ten years.
2 min read · 12 January 2013
A study of the corporation tax bills of the ten biggest private equity backed firms in the UK has revealed that, between them, they actually depleted the Treasury’s coffers last year.
2 min read · 12 January 2013
The Pacific Shores Center was the right building at the wrong time, but it was still able to go from dot-com bust to post-bubble boom.
2 min read · 12 January 2013
Falling return expectations could limit the number of attempted public-to-private deals in 2007, according to a new report.
3 min read · 12 January 2013
A Korean court has slapped Warburg Pincus with a fine in addition to sentencing Hwang Sung-jin, the US private equity firm’s local chief to four years in prison for insider trading.
2 min read · 12 January 2013
The secondaries venture fund manager is acquiring a portfolio of four venture investments from 3i for an undisclosed sum in its first portfolio deal.
1 min read · 12 January 2013
The Church of Scientology, which counts actors Tom Cruise and John Travolta among its adherents, owns more than 1 million square feet of property in LA. Recently, it won an award for its adaptive reuse projects.
2 min read · 12 January 2013
David Goret becomes senior managing director at the New Jersey-based alternative asset manager.
1 min read · 12 January 2013
In the week it emerged that UK retailer Sainsbury’s is the latest high-profile public company being targeted by private equity, new research shows that a record number of take-private deals were the biggest single source of the industry’s growth in the last 12 months.
2 min read · 12 January 2013
