Ian Cash, who heads up Alchemy Partners’ new £250 million distressed debt vehicle, Alchemy Special Opportunities, talks to Robert Venes about the fund’s focus and the future of distressed debt in Europe.
3 min read · 12 January 2013
Ian Taylor is leaving the firm he transformed to play more golf and to work on his property interests.
2 min read · 12 January 2013
HarbourVest, Lexington Partners and Partners Group have invested in the Nasdaq-listed buyout firm’s new fund.
2 min read · 12 January 2013
The Paris-listed private equity manager invested €1.165 billion in buyouts in the year to 30 June 2006, including its acquisition of Europcar from Volkswagen.
2 min read · 12 January 2013
The lender of first resort 2006-11-01 Staff Writer As the founding president of the European Bank for Reconstruction and Development (EBRD), Jacques Attali became the “lender of first and only resort” for property investors in Eastern and Central Europe after the fall of the Berlin Wall. Without his leadersh
1 min read · 12 January 2013
China's property markets are luring investors from around the world, but corruption and kickbacks can make any real estate a tricky proposition. By Robin Marriott
5 min read · 12 January 2013
In October, H&Q Asia Pacific realised its ground-breaking investment in Beijing Mei Da Coffee, selling a controlling stake in the local operator of more than 60 Starbucks retail stores in Beijing and Tianjing back to Starbucks for an undisclosed amount. Here, H&Q Asia Pacific founder and chairman Hsu Ta-Lin shares his views on backing brand names in Asia's rapidly growing consumer markets.
3 min read · 12 January 2013
Following the Asian crisis, non-performing loan investment helped establish private equity in Asia. Motoya Kitamura of Alternative Investment Capital tells the story so far and looks at the future of Asian distress.
10 min read · 12 January 2013
Sanjiv Kapur, the former head of Asian private equity at Henderson Private Capital, is returning to the industry with a new mission in Singapore.
3 min read · 12 January 2013
In October, Merchant Equity Partners, a new private equity firm launched by former Deutsche Bank executive Henry Jackson to invest in struggling European businesses, completed its first transaction with the PTP of the loss-making retail unit of MFI Furniture Group in the UK. The firm acquired the unit for a nominal £1, with up to £73 million of follow-up investment by 2008. The terms of the deal also included an entitlement for the company, rebranded as Galiform, to a minimum of five percent of any sale proceeds in excess of £300 million over the next five years. Here, Jackson talks about the deal and how it fits into Merchant Equity Partners' investment strategy.
3 min read · 12 January 2013