Every private equity firm needs a strategy for China. Close ties with Hong Kong-based Investor Capital Partners is the centre piece of EQT's.
Private equity is an apprenticeship business. When the apprentice works for a very private family office, it might be said that a sense of fiduciary duty is deeply, deeply instilled. Witness the many notable careers in the private investment industry that have emanated from the Bass brothers of Fort Worth, Texas. Robert Bass, in particular, has at one point or another been an employer of quite a cast of private equity characters. The industry ties to the Bass family are presented here, starting on the right hand side.
Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.
Halifax booked a four-times equity return on its investment in Soil Safe.
New York-based WL Ross & Co.’s $100m investment in France’s Oxford Automotive Aps serves as the firm’s opening number in the auto parts space.
As the ratings agencies and the debt markets consider Hertz’s $12bn debt package, buying group maintains confidence.
Two private equity-backed packaging companies have announced proposals for a €7.6bn ($9.4bn) merger.
The European buyout firm has completed its exit from the listed Stockholm-headquartered credit management group that it first acquired in a 1998 take private.
The dotcom industry became the symbol of the irrational exuberance of the late 1990s tech bubble, but now a resurgence is underway.
Skype is proof that venture capital investment in Europe can deliver globally competitive performance.