Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.
2 min read · 12 January 2013
A final close for Kohlberg Kravis Roberts’s second European fund could be announced in the coming weeks, according to market sources. The fund is said to have corralled €4.5 billion in commitments.
2 min read · 12 January 2013
Michael Pilson of DuPont Capital Management talks to Robert Venes about the role of turnaround, restructuring and distressed funds in his firm’s private equity investment portfolio.
5 min read · 12 January 2013
Private equity is an apprenticeship business. When the apprentice works for a very private family office, it might be said that a sense of fiduciary duty is deeply, deeply instilled. Witness the many notable careers in the private investment industry that have emanated from the Bass brothers of Fort Worth, Texas. Robert Bass, in particular, has at one point or another been an employer of quite a cast of private equity characters. The industry ties to the Bass family are presented here, starting on the right hand side.
4 min read · 12 January 2013
Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.
2 min read · 12 January 2013
Halifax booked a four-times equity return on its investment in Soil Safe.
2 min read · 12 January 2013
Two losing bidders for the £1.3 billion Abbey portfolio have received a second chance to get in on the action.
7 min read · 12 January 2013
The dotcom industry became the symbol of the irrational exuberance of the late 1990s tech bubble, but now a resurgence is underway.
3 min read · 12 January 2013
Skype is proof that venture capital investment in Europe can deliver globally competitive performance.
6 min read · 12 January 2013
Distressed deals have evolved to the next level in Latin America, with a new generation of funds picking up assets from strategic investors leaving the region. By Judy Kuan.
5 min read · 12 January 2013