The spin-out from 3i is profiting from investor appetite for mid-market deals as the credit crunch hits large buyouts.
3 min read · 12 January 2013
The private equity firms bidding for the Turkish supermarket have tabled lower than expected bids, although should the deal complete it will be one of the largest European buyout financed since the problems in the credit markets became apparent.
1 min read · 12 January 2013
The Howard Marks-led firm continues to steamroller through the credit crunch with another franchise expansion, the purchase of a passive stake in MTS Health Partners. Also made public today was the firm’s $438 million take-private bid for Ocwen Financial Services.
3 min read · 12 January 2013
The Howard Marks-led firm continues to steamroller through the credit crunch with another franchise expansion, the purchase of a passive stake in MTS Health Partners. Also made public today was the firm’s $438 million take-private bid for Ocwen Financial Services.
3 min read · 12 January 2013
Terra Firma will tomorrow launch its overhaul of the UK record business after buying it for £3.2 billion at the height of the buyout boom. It is expected to confirm job cuts at the company.
2 min read · 12 January 2013
A survey has revealed lower mid-market buyout firms are widely appreciated by UK entrepreneurs despite the negative publicity the industry has received in the country.
2 min read · 12 January 2013
The French retailer has pulled out of the bidding for Migros, as buyout firms such as Kohlberg Kravis Roberts and BC Partners are set to table bids tomorrow for the Turkish company.
2 min read · 12 January 2013
Asia Alternatives goes large * China sovereign fund dampens foreign fears * Dubai's HBG nears $200m target * Ex-Temasek executives fundraising for China * First close for Sharia vehicle on $200m * Aureos backed by Kazakhstan FoF
4 min read · 12 January 2013
Guido Gamucci is chairman of Permira's operation in Asia. Previously responsible for the firm's Milan office, he relocated to Japan in 2005 and is poised to move to Hong Kong when the UK buyout group opens its second office in the region next year. In October, Permira made headlines for doing not just one, but two large deals in Asia. First came an $838 million investment for a 20 percent stake in Galaxy Entertainment, a Macau-based casino operator; then followed a $2.2 billion secondary deal to acquire Arysta Lifescience, a Japanese agrochemical company, from Olympus Capital. For Permira, it was the first investment in Japan since its arrival two years ago.
3 min read · 12 January 2013
Western GPs seeking access to China are pondering how the growth of locally denominated funds might work to their advantage.
3 min read · 12 January 2013
