If financial engineering is dead, then the strategy deployed by Clayton, Dubilier & Rice is the new beating heart of private equity. The firm has for years best been known for its high-profile stable of operating partners including former General Electric chief executive Jack Welch. Kevin Conway is gatekeeper for all the firm's investments as chair of the firm's screening committee. PEI spoke to him
3 min read · 08 February 2013
The total value of private equity activity in Italy soared in the first half of 2008, but by the end of the year deal-doing was largely off the agenda. Reporting from Milan, Andy Thomson asks what happens next
5 min read · 08 February 2013
Three recent surveys reveal that investors in private equity funds are hindered by practicalities and frustrated by GP attitudes but excited by long-term performance. Andy Thomson reprts
3 min read · 08 February 2013
What lies in store for the 2009 fundraising market? PEI assesses the mood of limited partners around the world and finds out which LPs have risen to the top of the popularity stakes. By Matt Levin
10 min read · 08 February 2013
Listed French private equity firm Eurazeo is keeping a close eye on its portfolio companies while resisting the temptation to micro-manage. Andy Thomson met with executive board chairman Patrick Sayer, who is confident he can ride the economic storm – and maybe even give a boost to his firm's ailing share price
7 min read · 08 February 2013
In the absence of exit opportunities, venture firms are increasingly turning to the secondaries market to generate liquidity. Christopher Witkowsky reports
3 min read · 08 February 2013
Christopher Flowers should be making hay. But at the outset of an historic buying opportunity, why are some of his firm's limited partners running for cover? Matt Levin and David Snow investigate
6 min read · 08 February 2013
Uncertainty over general partners' ability to draw down capital is yet another unforeseen problem the market crisis has created
3 min read · 08 February 2013
Proposals to create a ‘bad bank’ to soak up the toxic assets clogging the US financial markets have been welcomed by real estate professionals. However, veterans of the RTC warn against simply ‘moving pieces round the board’.
2 min read · 08 February 2013
Industry heavyweight Henry Kravis’s message to delegates at the World Economic Forum in Davos today was that the private equity model is far from broken. He also said he anticipates financial services regulation 'coming in a major way'.
2 min read · 08 February 2013
