Calvert Street, the former private equity crew of Legg Mason, has corralled $225m for its latest fund after introducing itself to an institutional investor base.
2 min read · 12 January 2013
Michael Pilson of DuPont Capital Management talks to Robert Venes about the role of turnaround, restructuring and distressed funds in his firm’s private equity investment portfolio.
5 min read · 12 January 2013
The global investment bank’s private equity arm is reported to be planning a major strategic move into South Korea.
1 min read · 12 January 2013
The UK buyout firm has bought a majority stake in Germany’s largest loyalty card scheme Payback in a deal valued at €225 million.
2 min read · 12 January 2013
Every private equity firm needs a strategy for China. Close ties with Hong Kong-based Investor Capital Partners is the centre piece of EQT's.
3 min read · 12 January 2013
Private equity is an apprenticeship business. When the apprentice works for a very private family office, it might be said that a sense of fiduciary duty is deeply, deeply instilled. Witness the many notable careers in the private investment industry that have emanated from the Bass brothers of Fort Worth, Texas. Robert Bass, in particular, has at one point or another been an employer of quite a cast of private equity characters. The industry ties to the Bass family are presented here, starting on the right hand side.
4 min read · 12 January 2013
Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.
2 min read · 12 January 2013
Halifax booked a four-times equity return on its investment in Soil Safe.
2 min read · 12 January 2013
New York-based WL Ross & Co.’s $100m investment in France’s Oxford Automotive Aps serves as the firm’s opening number in the auto parts space.
3 min read · 12 January 2013
As the ratings agencies and the debt markets consider Hertz’s $12bn debt package, buying group maintains confidence.
3 min read · 12 January 2013