The beleaguered fund plans to cease all activities in December 2004 but in the meantime has law suits, restructurings and attempted exits to sort out.
Down Rounds Syndrome: A Roundtable Discussion 2001-11-23 Staff Writer <i>This week Letter from America is by David J. Blumberg of Blumberg Capital.</i><br><br><a href=http://www.privateequityonline.com/LetterAmerica.asp?ID=1851>Part 1 of this article</a> looked at "Down
The private equity house has reportedly made a £160m offer for UK Coal, Britain’s largest coal producer.
Barclays Private Equity has closed its second deal in a week with the management buy-out of UK-based delivery company Nightfreight.
The latest stage in this long-running saga sees the company making a $1.46 charge per share as a result of writing off $30m from its FLV Fund Korea. It still expects to recoup the capital in a court case.
The retail financial services provider was previously owned by Ventura, a subsidiary of Next. Management takes a 10 per cent stake.
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