The Iberian private equity market was fast establishing itself as a part of the European mainstream when the clouds of the credit crunch started to gather. Toby Mitchenall reports on whether it has the strength which might see it through
The financial storm of the past two months has shaken the global financial system to its core. Matt Levin met three leading private equity financial services investors to ask what it will mean for the industry
The sun will shine again 2008-11-01 Staff Writer It's capitalism's darkest hour for nearly a century, and it isn't over yet. In early October, the world held its breath as governments scrambled to rescue the banking system. Ostensibly, the scramble worked. At the time of this edition of <italic>PEI<
Daewoo Electronics’s creditors, who control the company, chose the New York-based private equity firm as the winning bidder. Ripplewood’s bid marks the third time Daewoo’s creditors have initiated a sale.
Daewoo Electronics’s creditors, who control the company, chose the New York-based private equity firm as the winning bidder. Ripplewood’s bid marks the third time Daewoo’s creditors have initiated a sale.
The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.
The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.
Milan’s Advanced Capital will invest with up to 20 fund managers in the energy sector. CEO Robert Tomei said the investments will be split between the developing and developed worlds, as well as between traditional and alternative energies.
The director of private equity for London-based fund of funds manager SVG Advisers says new funds are unlikely to go to market until 2010, yet firms now fundraising still have sources of capital. He also thinks the current environment making large deals difficult to execute will change in two to three years.
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.