A Greek fund of funds advised by Westport has raised E105m through an oversubscribed issue of government-backed debt notes.
3 min read · 12 January 2013
Boasting one of the largest institutional venture capital fund portfolios in Europe, the European Investment Fund is having to permanently balance commercial investment considerations with its political mandate. Not an easy task, finds Ricky Morton.
8 min read · 12 January 2013
More than enough has been written about the broken promise that was Germany's private equity market. The problem is: who made that promise? Not the local practitioners who continue to build out the franchise of the asset class not so much in spite, but because, of the tough times the economy is experiencing. Philip Borel visited Germany to find out who's doing what and why.
10 min read · 12 January 2013
The European high yield market has struggled to gain significant momentum in the past few years, with investors and issuers alike finding reasons not to embrace the product wholeheartedly. However, a new offering pioneered in July by UK DIY chain Focus Wickes, so-called mezzanine notes, seems to have addressed many of those reasons to say no. So what are these notes, and how do they work? Deal Mechanic investigates.
6 min read · 12 January 2013
Americas 2003-09-01 Staff Writer <strong>Americas<br> Monitor</strong><br> <sec level="2"><strong>Collateral damage</strong><br> <quotation><bold>The ideological backlash to Enronitis is threatening to stifle America's entrepreneurial spirit, wit
10 min read · 12 January 2013
The Swiss private equity group has sold a large enough part of its portfolio to CSFB Private Equity to enable it to repay a SFr325m loan to Swiss Life.
2 min read · 12 January 2013
Drawing on advice from Capital Dynamics and Morgan Stanley, AIG has placed $250m in triple-A rated bonds backed by private equity fund investments as part of a $1bn securitisation.
4 min read · 12 January 2013
The Polish private equity firm has paid $13.6m for a minority stake in LPP, Poland’s biggest fashion retailer.
2 min read · 12 January 2013
American turnaround and restructuring consultants are expanding operations in Europe, and private equity firms are prime targets. Many of their clients, it turns out, are US private equity shops that have bitten off more than they can chew on the Continent and in the UK. Are these pond-crossing trouble seekers headed toward a similar culture shock? David Snow investigates.
6 min read · 12 January 2013
Björn Savén is the chairman and CEO of Industri Kapital, one of the firms that pioneered big buyouts in Europe. Now raising its fifth fund, the firm is having to get used to the scrutiny that the new mood amongst private equity investors has instilled in the market. Philip Borel talked to Savén about investing, investments and investors in this environment.
10 min read · 12 January 2013
