The central Europe mezzanine specialist has held a first close on its debut fund as it looks to capitalise on the favourable conditions for mezzanine investors. The fund has raised just under half of its €125 million target.
2 min read · 12 January 2013
Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
2 min read · 12 January 2013
Canadian telecom giant BCE will be bought by Madison Dearborn, Providence and Canadian pension Ontario Teachers’ in the largest-ever LBO to date. Bids had also been submitted by two rival consortiums backed by KKR and Cerberus.
2 min read · 12 January 2013
The Italian real estate investment firm has teamed with Unicredit Bank to create two new regional branches that will target residential development projects.
2 min read · 12 January 2013
City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.
4 min read · 12 January 2013
Litorina Kapital has bought Securia Systems, a personal insurance and protection company that has enjoyed 90 percent sales growth over the last two years.
1 min read · 12 January 2013
Duke Street Capital and a consortium of other buyout firms has had its £260 million bid for UK retailer CI Traders accepted – soon after the company rejected a bid from Alchemy Partners.
1 min read · 12 January 2013
As ratings agency Standard & Poor’s criticises covenant loose loans for being covenant-lite by the backdoor, a senior banker tells Toby Lewis cov-lite loans will become extinct.
4 min read · 12 January 2013
Seol-based Jong Won Lee and Yuchul Rhim have become managing directors at the Silicon Valley-headquartered H&QAP.
2 min read · 12 January 2013
Injaz Mena, an investment company based in the United Arab Emirates, made a 63 percent return in 14 months from its investment in Frankfurt-listed electronic payments company Smarttrac, demonstrating why there has been so much private equity interest in the sector.
2 min read · 12 January 2013
