Following yesterday’s agreement to put $500m towards the $2.5bn purchase of Morgan Stanley’s aircraft leasing group, Guy Hands must seek a speedy fundraising to refill coffers.
The UK mid-market specialist has acquired holiday home and caravan group Cinque Ports Leisure in a £130m deal.
The firm formerly known as EMP Europe has closed the largest private equity fund aimed at Central and Eastern Europe to date.
Australia’s CHAMP Private Equity and its US partner Castle Harlan have made 6.5 times cash through the turnaround of pay TV business Austar United Communications.
Legal & General Ventures has just returned from the fundraising trail for the fifth time in five years: this time with £200m in donations. Andy Thomson reports.
Nordic Capital has agreed to sell the Nordic distributor of installation-related products to Cinven and Goldman Sachs Capital Partners in a secondary buyout.
According to figures presented at the AVCA’s annual conference in Mombasa earlier this week, VCs active in Africa invested $1.3bn last year, up 60% on 2003.
The Institutional Limited Partner Association has thrown its weight behind private equity reporting guidelines established by PEIGG.
Private equity fundraising is set for a record-breaking year in 2005, but the mega-LBO funds taking the industry into uncharted waters are members of a small but privileged elite. By Andy Thomson
Kohlberg Kravis Roberts, the New York-based buyout giant, is sizing up opportunities in the Australian private equity market, according to sources there.
Markstone Capital Group has attracted investment from US and Israeli pension funds to invest in late-stage old economy companies in emerging markets.
CHAMP Private Equity, the Sydney-based buyout firm, has sold portfolio company Sheridan, a bed linen business, to retailer Pacific Brands for AU$62m.
Henderson Private Capital’s head of Asian private equity Sanjiv Kapur has left the group at the same time as it has announced the launch of a new Asian fund with a $500m target.
Petri Myllyneva is to take over the running of EQT’s Finnish operation from Andreas Tallberg, who will remain a senior partner at the firm.
The global private equity firm has recruited Simon Moore from Investcorp to spearhead its push into Australia from a new Sydney office.