Harvest Partners takes money off the table in the $268m recapitalization of AMH Holdings, a manufacturer of exterior building products, less than one week after its acquisition of Levlad, a personal care products company.
2 min read · 12 January 2013
Private equity securitisation as a fundraising technique had all but disappeared from view. Then two collateralised debt obligations, SVG's Diamond and Tenzing from Invesco Private Capital, braved the market in 2004. Will there be others, asks Philip Borel
9 min read · 12 January 2013
The Crocus Investment Fund, one of Canada's labour-sponsored investment funds, halted trading and suspended redemptions in December amid concerns about overvalued holdings and general mismanagement. As the fund conducts a controversial internal review, many critics are pointing to Crocus as an example of the ineffectiveness of Canada's LSIF programme
3 min read · 12 January 2013
When dealing with their bankers, LBO firms are calling the shots – for now
4 min read · 12 January 2013
The European leveraged finance arm of Washington DC-based private equity firm Carlyle Group has recruited four professionals.
2 min read · 12 January 2013
3i has confirmed its second senior hire from outside the organisation with the announcement that Simon Ball will join the firm as finance director in February 2005.
2 min read · 12 January 2013
SVG Advisers, the fund advisory arm of London-listed private equity fund of funds SVG Capital, has raised €400m through a collateralised fund obligation (CFO) fund.
2 min read · 12 January 2013
In their quest to find a few good private investments, the professionals of TA Associates make thousands of phone calls and visit hundreds of companies every year. They often arrive at appointments in a private jet flown by the firm's chief executive officer, Kevin Landry. David Snow profiles the industry's biggest proponent of cold calling, and perhaps the only licensed pilot to also manage a private equity megafund
10 min read · 12 January 2013
Venture capitalists take note: Massachusetts wants to open the door to stem-cell research initiatives
3 min read · 12 January 2013
Europe's leveraged finance market is hotter than ever – a mixed blessing for the continent's LBO sponsors
4 min read · 12 January 2013