UK-based Palamon Capital Partners has committed to provide up to E30m to build a national independent financial advisory business in the fragmented UK market.
Gresham, the private equity firm focused on the UK mid-market, is pinning its faith on continued growth in consumer debt through a fresh investment in 1st Credit.
Intermediate Capital Group has closed its Eurocredit CDO III fund on E250m, despite what it described as ‘very tough’ fundraising conditions.
Terms in the partnership agreement governing Permira’s E5.1bn Europe III fund reflect private equity investors’ requirements to publicly disclose details of their participation in the asset class.
With all too many aggrieved parties crying 'foul' as they look to apportion blame as well as salvage some of their cash from venture-backed companies that have fallen heavily to earth, the role and responsibilities of venture capitalists who sat on the boards of these portfolio companies is receiving close scrutiny. Joe Bartlett, of counsel at Fish & Richardson, takes a closer look at what this all means.
The firm is reportedly supporting a £200m management buyout bid from Boxclever chief Roger Mavity to acquire the struggling television rental company owned by WestLB’s principal finance unit.
The struggling Belgian venture capital firm is in talks with an unnamed European secondaries buyer to realise its entire portfolio of unlisted investments.
The stock market crash and its aftermath brought into sharp focus the potential liabilities faced by private equity firms. But as they seek out the protection offered by insurance, they are finding the cost of cover can be prohibitive. Will Swarts reports.
The rebounding US high yield debt market is providing ready financing for leveraged buyout transactions on both sides of the Atlantic. Alex J. Stockham surveys the junk bond environment.
Depending on who you talk to, Europe's high yield market is either still struggling or is set to grow into something far deeper and broader. Certainly this year's performance has caught the eye of numerous investors, and many practitioners can now talk about distinct facets to the market. But what will shape high yield's evolution? And what part will the private equity community play in this? Robin Burnett investigates.