Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
2 min read · 12 January 2013
The hotly contested auction for cable company Virgin Media may be facilitated by shareholder Sir Richard Branson, while the number of reportedly interested bidders continues to increase.
2 min read · 12 January 2013
The Italian real estate investment firm has teamed with Unicredit Bank to create two new regional branches that will target residential development projects.
2 min read · 12 January 2013
City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.
4 min read · 12 January 2013
Litorina Kapital has bought Securia Systems, a personal insurance and protection company that has enjoyed 90 percent sales growth over the last two years.
1 min read · 12 January 2013
Duke Street Capital and a consortium of other buyout firms has had its £260 million bid for UK retailer CI Traders accepted – soon after the company rejected a bid from Alchemy Partners.
1 min read · 12 January 2013
Central and eastern European buyout specialist Mid Europa Partners has acquired television and internet company Serbia Broadband from Bedminster Capital Management, in the country’s first leveraged buyout.
2 min read · 12 January 2013
Alliance Boots chairman Sir Nigel Rudd thinks the UK Pensions Regulator should be allowed to decide the appropriate level of funding for the pension schemes of companies involved in buyout deals.
2 min read · 12 January 2013
In a report likely to catch the attention of the UK Parliament’s Treasury Select Committee investigating private equity, the Bank of England has highlighted the increased risk of systemic failure if a large buyout defaults.
1 min read · 12 January 2013
Venture debt provider Kreos Capital has strengthened its senior team with the recruitment of Luca Colciago from Noble as a partner. The hire comes as the firm continues to invest its latest fund, which was closed in April and is being deployed at a rapid rate.
2 min read · 12 January 2013