Chris Jackson, managing director of CIT Leveraged Finance Europe, explains the pros and cons of banks clubbing together on the financing.
Jeremy Coller says the slowdown in distributions is forcing investors to focus, and most of them are worried by any strategic drift in GPs’ hunt for deals.
The private equity firm’s latest global buyout fund, targeting an estimated $20bn, now reportedly counts China’s State Administration of Foreign Exchange as a substantial investor.
Tuninvest, the Tunis-based private equity firm, has closed its second fund focused on the Maghreb region on €125m.
The European buyout firm has bought a UK pensions annuity business from Phoenix Equity Partner, banking on strong growth rather than leverage to generate a return.
The private equity arm of the fallen investment bank is ‘working aggressively’ to set up independent operations.
The publicly listed firm could target as much as €3bn for its first growth capital fund to raise third-party capital.
The Africa-focussed private equity shop has invested $15m in Blue Financial Services, a non-deposit taking micro lender.
The French insurance giant’s private equity arm has more than tripled its previous buyout fund and increased its geographic scope to include Italy.
The European buyout firm is set to take a 25% stake in Evonik, a German state-backed conglomerate that also reportedly interested US mega-firms KKR, Bain and Blackstone.
The Hong Kong firm targeting $100m for its Cambodia fund has raised $11m and is on the verge of closing its first deal.
The Texas private equity firm has purchased ‘certain operating assets’ from the US investment bank, which was sold last week to JPMorgan.
German company Novem, whose first management buyout was backed by Goldman Sachs and CVC Capital Partners, will change hands for the third time among private equity sponsors.
The US private equity firm will again provide rescue financing for a financial institution rocked by the subprime and corporate credit dislocations, this time agreeing to inject £179m in Bradford & Bingley.
The parent company of Indian private equity firm UTI Ventures is raising an Indian infrastructure fund with Shinsei Bank and HSH Nordbank.