Palamon Capital Partners, the pan-European investor focused on the services sector, has completed its second major deal in Scandinavia with an investment in Stockholm-based start-up Nordax Finans.
2 min read · 12 January 2013
Europe's mezzanine market is flush with capital, and more investors are looking to gain access. Philip Borel finds out what market practitioners make of it all
6 min read · 12 January 2013
What is my portfolio worth? Valuation guidelines remain a big topic for every LP and GP active in the asset class. As private equity investments by both venture capital and buyout funds grow increasingly complex and spread across borders, the necessary uniformity in valuation practices is becoming more of a reality, say Colin Blaydon and Fred Wainwright of the Center for Private Equity and Entrepreneurship at the Tuck School of Business at Dartmouth.
9 min read · 12 January 2013
New Enterprise Associates enjoys success with SMIC IPO
5 min read · 12 January 2013
Continental Europe is today's destination of choice for big buyout
6 min read · 12 January 2013
The securitisation of UK motorway services group Welcome Break in its buyout from Granada by Investcorp in 1997 was hailed as another example of how this technique was empowering sponsors. Today's acrimonious war of nerves between the company's equity sponsor, bondholders and in particular a hedge fund suggests that not all securitisation works though. The Deal Mechanic investigates why
6 min read · 12 January 2013
Electra Partners Europe has sold Premium Credit, a UK finance company, to MBNA Europe for £67m, achieving an IRR of 29 percent.
2 min read · 12 January 2013
Techno Venture Management, the German-US venture capital firm, has promoted Stephen Hoffman to general partner and Josef Moosholzer to venture partner.
1 min read · 12 January 2013
Sterling Capital Partners is backing the nationwide expansion of Florida Coastal School of Law, a for-profit law school.
2 min read · 12 January 2013
Onex Partners, the $1bn-plus private equity fund controlled by Canadian conglomerate Onex Corporation, has completed its first investment, taking a 24 percent stake in US healthcare group Magellan in a $100m deal.
1 min read · 12 January 2013
