Specialist credit funds have revolutionised the leveraged loan market. But could this mean trouble for the private equity industry when things start to go wrong? James Taylor reports.
Esprit Capital Partners has sold its stake in fraud software business Neteconomy, as it hits the exit trail ahead of another fundraising round.
The fund management arm of Permira’s biggest investor is set to close its latest structured product on €700m, above its original target of €500m.
In March, PEI Asia got hold of Mark Mobius, the globetrotting managing director of Franklin Templeton Investments, in Panama and asked him for his thoughts on the Shanghai stock market crash and its implications for private equity.
The current debate about private equity in Europe is important, but to be productive it needs to be properly reasoned.
Investors in private equity funds must get comfortable about the economics of the partnership. In today's market place, are managers being overcompensated, ask Oliver Gottschalg, Bernd Kreuter and Ludovic Phalippou.
The fundraising carousel remains in full swing, and limited partners are struggling to cope with the pace. With strong distributions driving new commitments, few practitioners are preparing for a slowdown. Philip Borel reports.
Nikko Principal Investments has sold UK firm RoadChef to an Israeli real estate group for £375 million. Nikko had owned the motorway service station chain for nearly ten years.
A study of the corporation tax bills of the ten biggest private equity backed firms in the UK has revealed that, between them, they actually depleted the Treasury’s coffers last year.
The Pacific Shores Center was the right building at the wrong time, but it was still able to go from dot-com bust to post-bubble boom.