Unprecedented bank and CDO appetite for leveraged loans in Europe has allowed issuance in the first half of 2004 to soar to an unprecedented €35.4 billion.
2 min read · 12 January 2013
Having spent over three decades in the industry, Sir Robert Smith is a big name in UK private equity. Now retired (well, kind of), a recent non-executive appointment to the board of directors of 3i Plc means the veteran dealmaker is about to return to the action. Here he talks to Philip Borel about where British private equity came from and where it is going
10 min read · 12 January 2013
Distressed investors are hungrily eyeing the many second-lien loans taken out by US private equity sponsors. Deal Mechanic presents the vulture view
5 min read · 12 January 2013
Japan still has a reputation for seeing private equity as at best a necessary evil – but recent developments indicate perceptions may be changing
4 min read · 12 January 2013
Richard Nevins, co-head of the restructuring advisory team at US investment bank Jefferies International, has relocated to London to spearhead the firm’s push into the European market.
1 min read · 12 January 2013
The Boston growth equity firm has invested in Marrayhill, a credit risk management firm specialising in fixed-income securities.
1 min read · 12 January 2013
Douglas MacDonald of The MacDonald Partnership has worked hard to promote the provision of finance to ailing UK companies. Here he tells Andy Thomson that the growing phenomenon of ‘debt forgiveness’ is creating a culture more conducive to business rescues.
4 min read · 12 January 2013
Leon Shahinian has been appointed senior investment officer for CalPERS’ influential $20bn alternative investment programme, replacing previous incumbent Rick Hayes.
1 min read · 12 January 2013
The publicly traded business development company has acquired France’s synOdys Group for $72 million in its second-largest investment to date.
1 min read · 12 January 2013
Leveraged loans in Europe are being repaid earlier than ever at the moment. This is causing problems for managers of collateralised loan obligation funds. Deal Mechanic explains why
6 min read · 12 January 2013
