When the going gets tough, discussions between senior debt and mezzanine providers in a capital structure can get heated. Does a new approach to inter-creditor agreements in Europe make sense asks Stephen Mostyn-Williams
JLL Partners sees two huge successes, and one carbohydrated disaster, in the course of a single month
Paul Liska joins the New York private investment firm as it expands its activities into the consumer products and financial services sectors.
Palamon Capital Partners, the pan-European investor focused on the services sector, has completed its second major deal in Scandinavia with an investment in Stockholm-based start-up Nordax Finans.
Europe's mezzanine market is flush with capital, and more investors are looking to gain access. Philip Borel finds out what market practitioners make of it all
What is my portfolio worth? Valuation guidelines remain a big topic for every LP and GP active in the asset class. As private equity investments by both venture capital and buyout funds grow increasingly complex and spread across borders, the necessary uniformity in valuation practices is becoming more of a reality, say Colin Blaydon and Fred Wainwright of the Center for Private Equity and Entrepreneurship at the Tuck School of Business at Dartmouth.
The return of strategic buyers in the US is giving a long-awaited boost to exit opportunities for private equity firms. Conditions for exiting appear particularly compelling for smaller portfolio companies.William Kan, CFA and Georgiana Fung, strategists with Merrill Lynch Small Cap Research, dissect the changes that newly acquisitive corporations have brought to the US private equity landscape
The two firms are equally partnering with company management to acquire technology services company BBNT Solutions, the creator of the first network e-mail, from Verizon.
The Chicago-based private equity firm has agreed to sell Aurum Technology to Fidelity National Financial, a national provider of products and outsourced services to financial institutions and the real estate industry.
New Enterprise Associates enjoys success with SMIC IPO