CDC, the UK government-backed emerging markets fund of funds, has nearly quadrupled its allocations to microfinance – the provision of small loans to entrepreneurs in developing nations.
1 min read · 12 January 2013
Lion Capital, the European buyout firm, has called off a planned listing for Japanese restaurant chain Wagamama because a trade sale will fetch a better price as it looks to exit after two years ownership.
2 min read · 12 January 2013
Gresham, the UK mid-market buyout firm, has bought the West Cornwall Pasty company, banking on the Cornish snack’s durability in an economic downturn.
2 min read · 12 January 2013
The UK Chancellor has increased the tax burden on the country's beleaguered buyout executives. But his move is carefully calculated to keep the industry in London, writes Nicholas Lockley.
2 min read · 12 January 2013
The syndication of the remaining tranche of Alliance Boots debt could take up to a year after a double blow to the company.
2 min read · 12 January 2013
The liquidity problems in the debt markets did not restrain record third quarter figures in the UK as deals were signed before the beginning August. However, big four accountant Deloitte said it expects few deals to complete in the next quarter.
2 min read · 12 January 2013
Lightyear Capital has acquired the UK operations of German insurance company Württembergische Versicherung, after ensuring the company could become a member of Lloyd’s of London.
1 min read · 12 January 2013
VSS has agreed to pay $185 million for direct marketing company TRANZACT, generating for its owner, Halyard Capital, a return of 12 times its investment and an 85 percent IRR.
2 min read · 12 January 2013
US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.
2 min read · 12 January 2013
The quiet before another storm
2 min read · 12 January 2013
