The industry is braced for a slow down as buyouts hit a European high in the first half of 2007. The second half looks more restrained after the banking liquidity crisis of the summer. Continental European deals were among the largest, said Tom Lamb, co-head Barclays Private Equity.
2 min read · 12 January 2013
US investment bank Lehman Brothers has closed its fifth venture fund on $365 million.
1 min read · 12 January 2013
US buyout firm TH Lee has created a credit fund with $500 million in commitments and a dedicated credit division staffed largely by ex-AIG executives, including AIGGIG’s former head of private placement, Sam Tillinghast.
3 min read · 12 January 2013
Recent disclosure of the US pension fund's $75 million allocation to a Carlyle-backed hedge fund has provided information as to the fund's structure and mandate.
1 min read · 12 January 2013
Private equity legend Ted Forstmann is returning to active investment, after winding down his own firm in 2004. He is raising a $250 million media and entertainment fund with Chris Albrecht, formerly the head of HBO.
2 min read · 12 January 2013
Darwin Private Equity has held a second close of its debut fund just three months after launching with the backing of City grandee Lord Jacob Rothschild and his RIT Capital Partners trust.
2 min read · 12 January 2013
The chairman of UK private equity investor SVG Capital says changes to the tax deductibility on interest payments on leveraged loans would be damaging to private equity funds and their investors.
2 min read · 12 January 2013
Angelo Gordon has bolstered its private equity group before raising its fourth private equity fund, which is targeting $700 million, and a “reserve fund” aiming for $200 million.
2 min read · 12 January 2013
Central and eastern European buyout firm Mid Europa Partners has carried out a rapid refinancing on Polish telecommunications company Aster, persuading banks to leverage the company seven-times and provide the largest ever senior credit facility in the region.
2 min read · 12 January 2013
Three vehicles run by Swiss alternative asset manager partners Group achieved slight increases in net asset value during August despite problems in the debt markets, attributing the performance to the maturity of its assets.
2 min read · 12 January 2013
