Fund Management

Until the middle of this year, private equity exits were continuing to set new records in terms of value and number. But, in the second half, it was clear that the wheels had fallen off the bandwagon. Andy Thomson reports on the results of a new survey.

Cross-border M&A trends will continue to play to Bain Capital's strengths in 2008, according to one of its managing directors.

The head of Dubai International Capital gives PEO his thoughts on the year ahead as interest in the Middle East shows little dimunition. Any slowdown he says will give time for consolidation.

As the year draws to a close PEO's team has pulled out its crystal ball to take a view on 10 of the themes that will occupy the industry in 2008.

As 2007 draws to a close, the end-of-year surveys reveal that despite gloomy predictions for the short-term future, investors in alternatives still view real estate as a safe bet for the medium-term.

The UK property company has tapped investors including Victoria Funds Management Corporation of Australia for Trillium PPP Investment Partners which gives investors exposure to public private partnership contracts in the UK.

Pirelli Real Estate has said no agreement has been reached to create a European Retail Premium Group contrary to a statement issued by German retail company, Arcandor.

Istithmar, a Dubai government-owned investment firm, reportedly plans to diversify into venture capital and debt investing as the unavailability of leverage makes larger deals more difficult.

The firm has hired two new managing directors to lead its investor relations activities for its private equity fund of funds and hedge fund businesses in New York and Toronto.

Trade buyer H Bauer scooped the consumer magazine and radio business divisions of Emap at an 11.2 times profit multiple for £1.14 billion, leaving buyout firms empty-handed.