Finland’s state pension fund wants to increase its alternatives allocation still further after another strong set of results.
2 min read · 12 January 2013
Advantage Partners, one of Japan’s most prominent local private equity groups, is making its first foray into what one investor referred to as ‘hedge fund management’, with a $2 billion fund that will buy minority stakes in listed Japanese companies.
2 min read · 12 January 2013
Accent Equity has sold Swedish flower delivery service EuroFlorist to Litorina Kapital. It is the third investment in three months from the Swedish firm’s third fund.
1 min read · 12 January 2013
Amid reports that the Blackstone Group is considering a flotation of restaurant group Tragus, a new report reveals that private equity firms are now the most active investors in UK leisure property.
3 min read · 12 January 2013
Coates Hire is the latest listed Australian company to reject a buyout offer because the price was too low. The Carlyle Group had reportedly been a frontrunner in the race for the machinery rental company.
2 min read · 12 January 2013
Jamie Dimon of JP Morgan has hit out at the proliferation of equity bridge facilities used on large buyout deals, suggesting that they are not good for the lending banks or the private equity sponsors.
2 min read · 12 January 2013
US Federal Reserve Chairman Ben Bernanke told Congress that financing activity in bond and business loan markets remains brisk, despite widening credit spreads and tightening of terms for leveraged business loans.
2 min read · 12 January 2013
A recent report by Eurohypo says private equity firms are driving the market by using real estate to finance acquisitions.
2 min read · 12 January 2013
The proportion of European corporates rated as speculative grade has more than doubled in the last decade, according to ratings agency Standard and Poor’s – thanks largely to the growth of private equity.
2 min read · 12 January 2013
John Stomber, chief executive of Carlyle Capital Corporation, has apologised to shareholders about poor communication of portfolio troubles as its parent makes its second loan in a week.
2 min read · 12 January 2013
