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
The UK's second largest pension fund the Universities Superannuation Scheme is demonstrating its appetite for alternatives with the appointment of two private equity specialists to lead its co-investment programme alongside its fund investments.
2 min read · 12 January 2013
KKR’s negotiations with underwriters of the First Data deal — the second such mega deal for which banks have had difficulty syndicating the debt — will be a harbinger of things to come, says Dechert attorney Scott Zimmerman.
2 min read · 12 January 2013
The European mid-market firm Bridgepoint is beginning discussions with investors for its fourth fund, targeting a 45 percent increase on its 2005 fund Bridgepoint Europe III.
3 min read · 12 January 2013
Nicholas Lockley, editor of PrivateEquityOnline.com, looks behind the headlines of the last four weeks on the web.
3 min read · 12 January 2013
Dedicated secondary buyers are flat out, with billion dollar portfolio disposals being arranged by leading LPs such as CalPERS. At the same time, buyers are beginning to seriously contemplate what an end to the private equity boom might mean for them. Philip Borel reports.
9 min read · 12 January 2013
A new Softbank affiliate is making its mark across Asia.
5 min read · 12 January 2013