Equafin, the lead investor in the formation of Flagship Credit Corporation, formerly had ties to New York-based Capital Z.
2 min read · 12 January 2013
Highly-leveraged buyouts drove up European mezzanine volume in 2005, but default rates have also increased, according to Fitch Ratings.
1 min read · 12 January 2013
Fenway Partners has added onto its sporting goods platform, Riddell Bell Holdings, acquiring baseball bat maker Easton Sports in a $400m deal. Teachers’ Private Capital has joined Fenway in the investment.
2 min read · 12 January 2013
European buyout firm Permira has announced the promotion of three partners and the retirement of two others.
2 min read · 12 January 2013
The Paris office of the global private equity firm has carried out the second recapitalisation of Parkeon Group.
2 min read · 12 January 2013
Before Steven Klinsky's New Mountain Capital makes an investment, it does a “deep dive” into the mass of data surrounding its industry of interest. This strategy mirrors Klinsky's own zeal for intelligence gathering and for making money from growth, not leverage. David Snow profiles one of Wall Street's smartest – and nicest – investors.
10 min read · 12 January 2013
Life as a listed private equity firm leaves you exposed to some unwelcome publicity – as 3i discovered when talk of it being a bid target surfaced in February.
7 min read · 12 January 2013
Mark Weisdorf, who took a Canadian pension from zero to $5 billion in private equity commitments, sees even bigger opportunities in infrastructure.
6 min read · 12 January 2013
Thanks to the surging profits of a nutrition supplement company, one of America's oldest private equity firms is still going strong.
6 min read · 12 January 2013
Private equity real estate firms add value—and earn their carry—by transforming property assets. PERE looks at three real-world examples. By Paul Fruchbom
10 min read · 12 January 2013