Private equity is an apprenticeship business. When the apprentice works for a very private family office, it might be said that a sense of fiduciary duty is deeply, deeply instilled. Witness the many notable careers in the private investment industry that have emanated from the Bass brothers of Fort Worth, Texas. Robert Bass, in particular, has at one point or another been an employer of quite a cast of private equity characters. The industry ties to the Bass family are presented here, starting on the right hand side.
4 min read · 12 January 2013
Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.
2 min read · 12 January 2013
Halifax booked a four-times equity return on its investment in Soil Safe.
2 min read · 12 January 2013
New York-based WL Ross & Co.’s $100m investment in France’s Oxford Automotive Aps serves as the firm’s opening number in the auto parts space.
3 min read · 12 January 2013
As the ratings agencies and the debt markets consider Hertz’s $12bn debt package, buying group maintains confidence.
3 min read · 12 January 2013
Two private equity-backed packaging companies have announced proposals for a €7.6bn ($9.4bn) merger.
2 min read · 12 January 2013
The European buyout firm has completed its exit from the listed Stockholm-headquartered credit management group that it first acquired in a 1998 take private.
2 min read · 12 January 2013
The dotcom industry became the symbol of the irrational exuberance of the late 1990s tech bubble, but now a resurgence is underway.
3 min read · 12 January 2013
Skype is proof that venture capital investment in Europe can deliver globally competitive performance.
6 min read · 12 January 2013
Following an exit from its investment in a Russian cable firm last week, Delta Equity Partners has sold its entire shareholding in DeltaCredit Bank to Société Générale.
2 min read · 12 January 2013
