Toby Mitchenall
Toby Mitchenall is the Senior Editor for private equity at PEI Media. He is responsible for and regular contributor to the private equity coverage across Private Equity International, Secondaries Investor and private funds management and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
As British bank Barclays snaps up Lehman’s core investment banking businesses, the fate of the bankrupt bank’s investment management division including its private equity and real estate portfolio has yet to be sealed.
The London- and Paris-based secondaries shop has closed its latest fund and is looking forward to the ‘attractive opportunity’ for the secondaries market caused by credit market dislocation.
Having completed the buyout of an €80m offshore marine parts supplier for its first fund, the Danish lower mid-market firm has widened its investor base for its second fund and already surpassed its €200m target.
The global buyout group is having a week of firsts, having closed what it says is the first industrially-focused, mid-market Japanese private equity fund raised by an international firm just a day after making its maiden investment in the Dominican Republic.
In a bid to consolidate the industry at the start of a ‘nuclear fuel cycle’, the US energy industry specialist has recruited two veterans of nuclear power to form Accord Nuclear Resources, a platform from which to build an integrated nuclear fuel supplier.
Gautam Bhandari, previously part of the bank’s investment banking division in New York, is moving to Mumbai to head up Morgan Stanley Infrastructure as it seeks to invest part of a $4bn global fund in India, the Middle East and Sub-Saharan Africa.
Creating a dedicated website explaining the firm’s approach to corporate responsibility is just another natural step in the evolution of a private equity firm, says Patrick Dunne, the global firm’s communications director.
The Nordic mid-market firm led by ex-IK man Harald Mix has closed its third fund on target at €2bn despite 'turbulent' fundraising markets. About 95 percent of the commitments came from previous Altor investors including Harvard and Swedish insurance Group Länsförsäkringar.
The emerging markets specialist has executed another African PIPE deal, this time taking part of Tunisia’s largest listed company.
The UK-listed private equity firm has drawn on talent from the European Bank for Reconstruction and Development to staff its Central and Eastern Europe team.