The chairman of UK private equity investor SVG Capital says changes to the tax deductibility on interest payments on leveraged loans would be damaging to private equity funds and their investors.
2 min read · 12 January 2013
Central and eastern European buyout firm Mid Europa Partners has carried out a rapid refinancing on Polish telecommunications company Aster, persuading banks to leverage the company seven-times and provide the largest ever senior credit facility in the region.
2 min read · 12 January 2013
The UK's second largest pension fund the Universities Superannuation Scheme is demonstrating its appetite for alternatives with the appointment of two private equity specialists to lead its co-investment programme alongside its fund investments.
2 min read · 12 January 2013
A leading fund manager said today that the shock waves emanating from the subprime mortgage crisis in the US could stifle investment activity in the European commercial real estate market.
3 min read · 12 January 2013
The European mid-market firm Bridgepoint is beginning discussions with investors for its fourth fund, targeting a 45 percent increase on its 2005 fund Bridgepoint Europe III.
3 min read · 12 January 2013
US buyout firm TPG is considering a bid for cable broadband company Virgin Media. It is also lining up its first Russian deal.
2 min read · 12 January 2013
Nicholas Lockley, editor of PrivateEquityOnline.com, looks behind the headlines of the last four weeks on the web.
3 min read · 12 January 2013
Dedicated secondary buyers are flat out, with billion dollar portfolio disposals being arranged by leading LPs such as CalPERS. At the same time, buyers are beginning to seriously contemplate what an end to the private equity boom might mean for them. Philip Borel reports.
9 min read · 12 January 2013
Kohlberg Kravis Roberts' £12bn (€17.8bn; $24.3bn) acquisition of health and beauty chain Alliance Boots was the largest buyout ever seen in Europe – but after global credit markets nosedived during the summer months, the underwriting banks were left with a record-sized headache. Toby Lewis traces the deal's progress.
5 min read · 12 January 2013
Emerging Capital Partners managed to make a 3.4 times return from its stake in a rubber company with operations in the Ivory Coast, despite the country being wracked by civil war.
4 min read · 12 January 2013
