Private equity real estate investors are rushing into Brazil in search of heavenly returns. But amid the aura of political and economic stability, the emerging market risks continue to loom large. By Paul Fruchbom
10 min read · 12 January 2013
The private equity firm and the merchant bank have teamed up for a second time for this $56.2m effort.
1 min read · 12 January 2013
Ian Taylor is leaving the firm he transformed to play more golf and to work on his property interests.
2 min read · 12 January 2013
HarbourVest, Lexington Partners and Partners Group have invested in the Nasdaq-listed buyout firm’s new fund.
2 min read · 12 January 2013
The Paris-listed private equity manager invested €1.165 billion in buyouts in the year to 30 June 2006, including its acquisition of Europcar from Volkswagen.
2 min read · 12 January 2013
China's property markets are luring investors from around the world, but corruption and kickbacks can make any real estate a tricky proposition. By Robin Marriott
5 min read · 12 January 2013
In October, H&Q Asia Pacific realised its ground-breaking investment in Beijing Mei Da Coffee, selling a controlling stake in the local operator of more than 60 Starbucks retail stores in Beijing and Tianjing back to Starbucks for an undisclosed amount. Here, H&Q Asia Pacific founder and chairman Hsu Ta-Lin shares his views on backing brand names in Asia's rapidly growing consumer markets.
3 min read · 12 January 2013
In October, Merchant Equity Partners, a new private equity firm launched by former Deutsche Bank executive Henry Jackson to invest in struggling European businesses, completed its first transaction with the PTP of the loss-making retail unit of MFI Furniture Group in the UK. The firm acquired the unit for a nominal £1, with up to £73 million of follow-up investment by 2008. The terms of the deal also included an entitlement for the company, rebranded as Galiform, to a minimum of five percent of any sale proceeds in excess of £300 million over the next five years. Here, Jackson talks about the deal and how it fits into Merchant Equity Partners' investment strategy.
3 min read · 12 January 2013
Despite being targeted at stock markets with apparently voracious investor appetite, some recent European private equity-backed new issues have been forced into sharply lowering their price expectations. Andy Thomson looks at what's sparking investor resistance.
9 min read · 12 January 2013
How do you steer an LP super tanker through the sometimes choppy waters of global private equity? In October,Wim Borgdorff, head of fund investment at AlpInvest Partners, spoke to Philip Borel about the challenges facing Europe's largest limited partner.
10 min read · 12 January 2013
