The International Monetary Fund’s doom-laden warnings about the potential damage to financial markets of a high-profile private equity deal collapse have only worsened the political storm currently surrounding the industry in Europe.
2 min read · 12 January 2013
Kohlberg Kravis Roberts’ £10.1 billion bid for Alliance Boots, potentially the largest European buyout to date, has become the latest deal to attract the ire of the UK-based GMB trade union, private equity’s most vociferous opponent.
2 min read · 12 January 2013
Specialist credit funds have revolutionised the leveraged loan market. But could this mean trouble for the private equity industry when things start to go wrong? James Taylor and Andy Thomson report.
5 min read · 12 January 2013
Andy Thomson looks at why European debt providers may increasingly have to accept losing influence over private equity's portfolio companies.
10 min read · 12 January 2013
US buyout firm Kohlberg Kravis Roberts has signed yet another mega-deal, agreeing to pay $29 billion for First Data, a US listed electronic payments business. It has now signed up to over $100 billion of deals in a matter of weeks.
2 min read · 12 January 2013
KKR’s Euronext-listed vehicle, KKR Private Equity Investors, has invested or committed $4.3 billion in just ten months, the firm said today.
1 min read · 12 January 2013
The current debate about private equity in Europe is important, but to be productive it needs to be properly reasoned.
3 min read · 12 January 2013
Investors in private equity funds must get comfortable about the economics of the partnership. In today's market place, are managers being overcompensated, ask Oliver Gottschalg, Bernd Kreuter and Ludovic Phalippou.
10 min read · 12 January 2013
Nikko Principal Investments has sold UK firm RoadChef to an Israeli real estate group for £375 million. Nikko had owned the motorway service station chain for nearly ten years.
2 min read · 12 January 2013
A study of the corporation tax bills of the ten biggest private equity backed firms in the UK has revealed that, between them, they actually depleted the Treasury’s coffers last year.
2 min read · 12 January 2013
