Indian PE investments halve in 2008 * CDH, Goldman invest $100m in solar company * CHAMP spends A$150m on equipment finance * IDFC PE backs cable manufacturer * PE landscape expected to change in UAE * MSPE Asia invests $38m in Indian castor oil * Blackstone invests in Indian seed company * Daewoo Electronics sale abandoned
5 min read · 08 February 2013
With many global banks cutting back on leveraged finance activities in the Asia-Pacific region, it would be easy to assume the buyout market is grinding to a halt. But in fact, while mega-buyouts are out of the question, the small- and mid-market segments are alive and well – or will be once purchase prices come down. Jenny Blinch reports.
7 min read · 08 February 2013
Buyouts in China are still elusive, but Hony Capital has amassed a portfolio of 25 control investments already. Chinese institutions and international blue-chip limited partners make up an illustrious funding base. Philip Borel asks founder John Zhao how he did it all.
6 min read · 08 February 2013
Contestant: Susan Mangiero, Managing member, Business Valuation Analytics Member, National Association of Certified Valuation Analysts Not being too familiar with derivative instrument pricing and default risk analysis, a company hires an expert to investigate whether the swaps reflect a hedge versus a market bet and to further assess how the company should adjust the valuation of its equity stake. What does the expert need to look at and how should she arrive at an appropriate conclusion?
3 min read · 08 February 2013
In the second in a two-part series on debt buybacks, Steven Bortnick, Bradley Boericke and Timothy Leska explore the tax implications of structuring a debt purchase. In our January issue, they examined the legal implications.
8 min read · 08 February 2013
News on professional service providers to the private equity market.
7 min read · 08 February 2013
Vilified by the press over a high-profile deal gone wrong, BC Partners met its critics head on at a rare press conference.
2 min read · 08 February 2013
Commentary on the month's hottest private equity stories by Amanda Janis, editor of PrivateEquityOnline
2 min read · 08 February 2013
If financial engineering is dead, then the strategy deployed by Clayton, Dubilier & Rice is the new beating heart of private equity. The firm has for years best been known for its high-profile stable of operating partners including former General Electric chief executive Jack Welch. Kevin Conway is gatekeeper for all the firm's investments as chair of the firm's screening committee. PEI spoke to him
3 min read · 08 February 2013
The total value of private equity activity in Italy soared in the first half of 2008, but by the end of the year deal-doing was largely off the agenda. Reporting from Milan, Andy Thomson asks what happens next
5 min read · 08 February 2013
