UK portfolio companies say their private equity owners are too hands-off. Are they right?
3 min read · 12 January 2013
Scandinavian buyout firm Altor Equity Partners has made two investments from its debut fund, which closed on E650m earlier in the year.
2 min read · 12 January 2013
Amadeus, Apax lead Acol first round; Gyros closes largest Nordic biotech round; HBM leads E13.8m Ingenium round; SG Capital Europe takes Lince stake
3 min read · 12 January 2013
The use of high yield financing is a staple feature of leveraged buyouts, but participants in deals may not appreciate the need for precisely tailored covenants. Valerie Jacob, co-managing partner of Fried, Frank, Harris, Schriver & Jacobson, highlights the keys to investor protection.
10 min read · 12 January 2013
The global private equity house has paid an undisclosed sum for one of Germany’s largest privately-owned industrial and building electronics component producers.
2 min read · 12 January 2013
The Royal Bank of Scotland has appointed Pascal Werner as managing director and head of leveraged finance France following the departure of Michel Chabanel.
2 min read · 12 January 2013
The French unit of Italian private equity firm 21 Investimenti is close to announcing a final close of its second expansion capital fund.
2 min read · 12 January 2013
Apollo Management, Soros Private Equity Partners and Goldman Sachs Capital Partners have invested $350m to take a majority stake in Cablecom, the Swiss cable television company.
2 min read · 12 January 2013
What's the outlook for the US debt market in 2004? The answer depends on whether you ask a senior, mezzanine, or high yield debt provider. Alex J. Stockham reports up and down the financial structure about what these leveraged finance professionals are seeing and how they're feeling.
7 min read · 12 January 2013
When PEI sat down with five seasoned leveraged finance professionals in London recently, it became clear that although business is good, they were keen to tread carefully in today's market. There also seemed to be a growing sense that the dynamic between sponsor and finance provider has changed – to the sponsors' advantage. We talked to them about the issues behind this shift and heard why getting it right matters all the more today.
10 min read · 12 January 2013