Weak returns among Canada's heavily government-subsidised labour-sponsored investment funds bring into question their future. Independent venture firms won't shed tears at their demise
4 min read · 12 January 2013
Editor's letter 2004-07-02 Staff Writer Happy times are here again for the leveraged finance markets. After three years of bankruptcies and deteriorating credit conditions, companies are having an easier time paying back their loans. According to Moody's, the junk bond default rate dropped to 3.4 percent in
2 min read · 12 January 2013
Venture debt enjoys little of the upside of venture capital, but most of its downside. No wonder this remains a niche play. But with the recent uptick in deal activity in the past twelve months, the handful of venture debt lenders are shifting gears as demand for their capital accelerates. Art Janik provides an overview of the current state of the venture debt market.
10 min read · 12 January 2013
A new private equity fund, led by a retired Hicks Muse partner, will seek opportunities in the chronically inefficient healthcare royalties market. David Snow examines this alternative, alternative strategy, and checks in with the only other private equity firm to have executed it – New York's Paul Capital Partners
5 min read · 12 January 2013
Germany's weakened economy remains difficult territory for financial sponsors to negotiate. Incumbents dig deep to come up with the goods. Is the hard work paying off, asks Philip Borel
10 min read · 12 January 2013
Private Equity International presents the 30 transactions that most inspired admiration, imitation and schadenfreude in the course of this industry's brief history
10 min read · 12 January 2013
Anne Glover has recently taken up a new role as chairman of the British Venture Capital Association. She talks to Colm Gilmore about her new position, Japanese river metaphors and the key role that the London Stock Exchange should have in the European private equity market
9 min read · 12 January 2013
Private equity firms are undergoing some radical mutations as they flee early stage ventures: but have they got the timing right?
3 min read · 12 January 2013
Europe's mezzanine market is flush with capital, and more investors are looking to gain access. Philip Borel finds out what market practitioners make of it all
6 min read · 12 January 2013
What is my portfolio worth? Valuation guidelines remain a big topic for every LP and GP active in the asset class. As private equity investments by both venture capital and buyout funds grow increasingly complex and spread across borders, the necessary uniformity in valuation practices is becoming more of a reality, say Colin Blaydon and Fred Wainwright of the Center for Private Equity and Entrepreneurship at the Tuck School of Business at Dartmouth.
9 min read · 12 January 2013
