Under the leadership of Jonathan Russell, 3i's under-performing buyout division has been transformed into a leading mid-market investor. But how will Russell be able to maintain this momentum in the face of fierce competition and mounting external scrutiny? James Taylor met him in London in May to find out.
10 min read · 12 January 2013
Cerberus Capital Management may be the envy of some of its rivals.
7 min read · 12 January 2013
George Anson, the head of HarbourVest in Europe, has warned private equity firms against complacency and excessive leverage.
5 min read · 12 January 2013
A London investment group is aiming to avoid overexposure to frothy conditions in Europe's leveraged loan market – and benefit should it overheat.
6 min read · 12 January 2013
KKR’s Euronext-traded affiliate has invested $167.4 million in convertible preferred stock of Japanese credit card firm Orient. It is the publicly traded vehicle’s second PIPE.
2 min read · 12 January 2013
The TPG-led consortium has pulled out of the bidding for a minority stake in Alitalia as sources close to the deal blamed government regulation for making it impossible for the consortium to takeover the company.
2 min read · 12 January 2013
Growth strategy for Cinven and JP Morgan Partners pays off with sale of Klöckner Pentaplast, a manufacturer of rigid film plastics, to The Blackstone Group in a deal worth €1.3 billion ($1.8 billion).
1 min read · 12 January 2013
European social networking site Netlog has just received its first round of funding from European venture capital firm Index Ventures. Its success in rolling out its model across different geographies illustrates how European venture firms can help local firms become global winners, says James Taylor.
3 min read · 12 January 2013
The Bank of England’s monthly financial stability report has warned that the recent meltdown in the US sub-prime mortgage sector could be repeated in the UK, as leveraged lenders exploit the benign economic conditions to increase their risk-taking.
2 min read · 12 January 2013
Kohlberg Kravis Roberts co-founders Henry Kravis and George Roberts have argued that Japan is set to change its attitude to private equity over time, as investors demand better returns.
2 min read · 12 January 2013