French investment firm Eurazeo’s consolidated revenues rose across the board with buyouts contributing 97.1 percent. The firm recently rejigged its financing package for its €2.3 billion Elis bid in response to the credit crunch.
2 min read · 12 January 2013
New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.
1 min read · 12 January 2013
Private equity icon Thomas H. Lee has said the credit crisis is ‘not a cash crisis’ but a crisis of confidence that will primarily affect the availability of debt financing for private equity deals valued at more than $1 billion.
2 min read · 12 January 2013
Bulge brackets Merrill Lynch, Citi and Morgan Stanley are looking for leadership and growth from a formerly obscure niche – alternatives, writes Amanda Janis.
2 min read · 12 January 2013
Intermediate Capital Group’s senior fund manager Sara Halbard has decided to retire next year as the debt markets remain uncertain on the back of the credit crunch.
1 min read · 12 January 2013
3i, the global private equity firm, remains bullish despite credit market turbulence. It argued that the doubling of its level of investment was due to an upward creep in average deal size and not to lack of investment discipline.
2 min read · 12 January 2013
European mid-market firm Bridgepoint has sold Alliance Medical to Dubai International Capital, as the investment firm continues a flurry of acquisitions.
2 min read · 12 January 2013
Cinven has carried out the third largest secondary transaction since the credit market difficulties began, acquiring Coor Service Management. The seller, 3i, doubled turnover and profits at Coor over three years.
2 min read · 12 January 2013
Sovereign wealth funds are becoming major forces in the global investment market thanks to surging oil revenues and swollen currency reserves. These national funds are set to have a big impact on private equity real estate. By Dave Keating
9 min read · 12 January 2013
PERE presents four times and places that marked changes of direction and turns of fortune for real estate investors. Three of these are looked back on with fond nostalgia by those fortunate enough to have been present and active. One remains a painful memory. By Dave Keating, Robin Marriott and Eva Poon
10 min read · 12 January 2013
