Despite being targeted at stock markets with apparently voracious investor appetite, some recent European private equity-backed new issues have been forced into sharply lowering their price expectations. Andy Thomson looks at what's sparking investor resistance.
9 min read · 12 January 2013
How do you steer an LP super tanker through the sometimes choppy waters of global private equity? In October,Wim Borgdorff, head of fund investment at AlpInvest Partners, spoke to Philip Borel about the challenges facing Europe's largest limited partner.
10 min read · 12 January 2013
Harry Clark, a veteran lobbyist and communications counselor to industry and government officials, is helping America’s biggest buyout firms establish an advocacy group for the private equity industry.
2 min read · 12 January 2013
Private equity firm American Capital has agreed to provide $21m to bankrupt New York art gallery Berry-Hill, a loan secured by the gallery’s art inventory and real-estate assets.
1 min read · 12 January 2013
Private investment fund managers are flocking to the movie industry because they see it as – get this – a business with manageable risk. Are these GPs wise to the future of filmed entertainment, or have they simply “gone Hollywood”? David Snow reports.
10 min read · 12 January 2013
Michael Smith, chairman of CVC Capital Partners, likes to keep his cards close to his chest and has so far minimised contact with the media. In August, he met for a rare interview with Philip Borel to discuss the prospect of a downturn, staff compensation, public relations and the rise of listed private equity.
10 min read · 12 January 2013
Interest rates might cool the fevered debt market, but the IRS could freeze it.
4 min read · 12 January 2013
Oil prices have soared in recent months and some investors flush with petro-dollars are looking for a new home for their money. But some Islamic investors struggle to reconcile their religion with backing buyouts. Arcapita Bank in Bahrain has the answer: Shari'ah-compliant structures for buyouts.
7 min read · 12 January 2013
With $1.5 billion to invest in Korea, Japan and China, Michael Kim is one of Asia's most promising financial entrepreneurs. Sharon Lim met him in August.
8 min read · 12 January 2013
Private equity firms continue to stalk Taiwan's fragmented cable sector. Currently the focus is on China Networks Systems.
4 min read · 12 January 2013
