The detention of Byeon Yang Ho, head of Vogo, has created uncertainty over the Korean private equity firm's future.
4 min read · 12 January 2013
European Capital, part of the US private equity firm American Capital, has invested €123m in the buyout of Avery Weigh-Tronix and €126m in the buyout of Farrow & Ball, the first two deals for its UK office, which opened last August.
2 min read · 12 January 2013
The music retailer has changed top management for the third time in four years, and the new CEO says his main goal will be to sell the company.
2 min read · 12 January 2013
Archie Norman, former grocer, politician and corporate turnaround specialist, set up a new investment company, Aurigo Management, last month. Robert Venes speaks to Norman about his latest venture.
3 min read · 12 January 2013
Michael Gross, a founder and former senior partner of Apollo Management, has joined hedge fund Magnetar Capital as a senior partner, signaling Magnetar’s intention to focus on private equity investing.
2 min read · 12 January 2013
Magic Mountain, the famed Los Angeles-area theme park, may soon be converted to a retail and residential development.
2 min read · 12 January 2013
The Cleveland, Ohio-based firm’s microcap fund, which is targeting companies with EBITDA of less than $3m, has made four acquisitions in less than a month.
2 min read · 12 January 2013
Blackstone and KKR are understood to be pursuing an interest in two retail units owned by GUS, despite a recent announcement by the UK retail group to demerge the businesses.
1 min read · 12 January 2013
VNU, owned by a private equity consortium including KKR, Blackstone and Carlyle, plans to raise $1.67 billion of new debt to finance the acquisition.
2 min read · 12 January 2013
The Paris-listed private equity manager has targeted external investors for the first time to give the group additional deal-doing capacity and to create a new revenue stream.
2 min read · 12 January 2013