Private equity houses have bucked the consensus that leverage ratios will rise in 2007 as 40 percent predict a decrease.
1 min read · 12 January 2013
Aggressive private equity houses have bolstered the volume of mergers and acquisitions in 2006 to a record high.
2 min read · 12 January 2013
Along with members of the company’s management team, the two firms have agreed to buy Nasdaq-traded Educate in a deal worth $545m. It is Citigroup’s and Sterling’s second education-related deal announced today.
2 min read · 12 January 2013
Industri Kapital has made 2.5 times its investment on the sale of Gardena, a gardening tools manufacturer, for €730 million.
2 min read · 12 January 2013
In the same week, the New York private equity firm has acquired $74m in Boston properties and closed a net-lease fund on $160m.
1 min read · 12 January 2013
Jonny Maxwell, one of the industry’s most high-profile executives, has walked away from the fund of funds business he built over almost two decades after failing to agree a buyout with his employer.
2 min read · 12 January 2013
Central bank has called for more and improved data to better understand the potential impact on financial stability posed by hedge funds and their involvement in credit derivatives used by banks to offset risk in lending to buyouts.
2 min read · 12 January 2013
Investcorp will lose 100 percent of its stake in printing business Polestar in a restructuring, after struggling in the sector.
2 min read · 12 January 2013
Analysts Moody’s Investors Services highlights that a debt issuer rated one category below investment grade will double its default risk when acquired by a private equity sponsor.
2 min read · 12 January 2013
The ratings agency says infrastructure is overvalued, blaming private equity interest in the sector and cheap financing.
2 min read · 12 January 2013
