The hold time for venture investments now averages more than eight years. Western IPO markets have shut down. Investors and entrepreneurs may increasingly feel trapped. Amanda Janis reports on the venture industry's growing need for liquidity and the firms poised to provide it.
9 min read · 12 January 2013
In today's secondaries market, many different sellers have many different motivations. By David Snow.
5 min read · 12 January 2013
With valuations proving a point of contention between would-be vendors and acquirers, sales of private equity portfolios to secondary buyers have been relatively subdued in recent months. But the need to free up capital means action will have to be taken sooner rather than later – and that's why secondaries specialists believe a highly productive period lies ahead. Andy Thomson reports.
8 min read · 12 January 2013
In the past three years, Permira has transformed itself into a global buyout player. In charge of the mega-firm's daily operations today are Kurt Björklund and Tom Lister, co-managing partners since the start of 2008. In June, they explained their roles to Philip Borel, and talked about challenges and opportunities in the marketplace.
7 min read · 12 January 2013
The drive to reduce carbon emissions is bringing about profound change in the business world. Sam Richardson argues that alternative assets will not be immune from the effects.
5 min read · 12 January 2013
Financial sector stocks have fallen, causing many to wonder whether a handful of high-profile private equity deals were ill-timed.
4 min read · 12 January 2013
Strong appetite for a new fund of funds included investors looking to switch out of larger funds and into the mid-market.
6 min read · 12 January 2013
The Massachusetts-based private investment firm has sold Vertex Fasteners to industrial equipment distributor DXP Enterprises three years after the initial acquisition.
1 min read · 12 January 2013
European venture deals have hit a nine-year low. But Germany and cleantech remain bright spots, writes Amanda Janis.
2 min read · 12 January 2013
The sovereign fund, which has received US antitrust approval to raise its stake in Merrill Lynch, has doubled its profits to S$18.2 billion. Though it predicts continued credit market fallout will dampen the economy, Temasek has indicated it will continue to do direct deals in financial services.
3 min read · 12 January 2013
