Business development company American Capital has defaulted on its debt, but Christopher Witkowsky finds it is battling hard to stave off bankruptcy
6 min read · 08 February 2013
Swiss fund of funds manager Adveq recently demonstrated that succession planning and its execution needn't be a painful exercise
5 min read · 08 February 2013
New rules governing the activity of private equity firms in Europe may be costly and pointless – but they could have been worse
3 min read · 08 February 2013
PEI Asia’s inaugural ranking of the 30 largest private equity firms from the Middle East and the Asia Pacific.
8 min read · 08 February 2013
In its annual report, the mega-buyout firm frankly addressed setbacks it suffered last year, including the liquidation of Blue Wave and Carlyle Capital, but stressed it is poised to take advantage of current opportunities.
2 min read · 08 February 2013
Experts presenting at the PEI Active Portfolio Management Forum in New York described sellers in the secondaries market reluctant to agree deals at steep discounts, and buyers waiting on the sidelines.
2 min read · 08 February 2013
The Boston-based firm finally triumphed in its pursuit of the bankrupt, members-only club in Montana after originally bidding $470m for the resort in 2008. Yellowstone has been subject to a drawn out court battle over its future.
2 min read · 08 February 2013
The Canadian private equity firm has been amassing the bankrupt casino operator’s senior debt. Onex made the investment from its third buyout fund, which is nearing a $3.5bn close.
2 min read · 08 February 2013
The healthcare, pharmaceutical and beauty group – one of Europe’s most iconic buyouts of the credit boom years – has grown its revenue and profits over the last 12 months.
2 min read · 08 February 2013
The publicly listed alternative investment firm will sell Class A shares to repay a portion of its outstanding debt as well as generate working capital that may be used to fund GP contributions to Fortress funds.
2 min read · 08 February 2013
