The European venture firm is backing two cash generative internet businesses, an open source ad server and a provider of real-time, personalised recommendations to millions of users of eCommerce websites.
The Howard Marks-led firm continues to steamroller through the credit crunch with another franchise expansion, the purchase of a passive stake in MTS Health Partners. Also made public today was the firm’s $438 million take-private bid for Ocwen Financial Services.
The 3-year old firm has closed the largest-ever private equity vehicle raised by a Utah-based buyout firm – though without participation of two founding managing directors, including former American football star Steve Young.
The Silicon Valley venture firm has more than doubled its capital under management with closure of its fourth fund.
The European buyout firm has made five internal promotions to secure talent in a more challenging environment for buying and selling businesses.
Two of the energy-focussed firm’s deal originators and a capital markets specialist have been promoted to director, as the firm continues to deploy capital from its $8 billion fund.
As the year draws to a close PEO's team has pulled out its crystal ball to take a view on 10 of the themes that will occupy the industry in 2008.
Mark Vickers, law firm Ashurst's debt specialist, talks frankly about the challenges ahead in the final week of PEO's Countdown to 2008.
HarbourVest's senior managing director is expecting longer holds for recent deals with a drop in IRRs and an increase in mid-market secondary buyouts.
As the furore surrounding private equity in the UK grew, the BVCA took pre-emptive action and commissioned an independent report on disclosure and transparency. Sir David Walker hopes his recommendations will be widely adopted in 2008.
The chief executive of emerging markets investor CDC still believes there is money to be made, but managers will have to work harder to improve portfolio companies.
Financing is nearing completion for Blackstone’s first Ugandan deal, a hydroelectric project on the Victoria Nile.
Nigel McConnell's firm has made two and a half times its investment with the sale of outsourced support services business Global Solutions to a trade buyer.
The largest US pension fund has approved an increase to private equity, which will now be allocated 10 percent of CalPERS’ $250 billion portfolio.
Arif Naqvi, Abraaj Capital's chief executive, is looking forward to 2008 and continuing to invest in the development of the Middle East, North Africa and South Asia region’s basic building blocks.