Matthieu Favas
Matthieu Favas is the editor of Agri Investor. He was previously the web editor of Infrastructure Investor, where he started in 2013 after a year as a reporter at Private Equity International. Prior to joining PEI he spent four years in the wine industry in London, Spain and Mongolia.
UK companies delisted by private equity groups see their productivity drop after being bought out, according to fresh research, suggesting that cost-cutting efforts generally fail to generate efficiency gains.
HarbourVest’s listed vehicle is to distribute more cash to shareholders in the next two years, after a 12-month period in which its share price jumped by over a third.
The two private equity veterans have acquired 50% of the Spanish lender’s €152bn asset management business.
The £2.5bn growth investor, established less than two years ago to support promising British SMEs, has now backed Scotland-based Petrotechnics.
Amid signs that the European crisis is increasingly taking its toll on Central & Eastern Europe, PEI went to Warsaw to ask three industry experts whether the timing is right to reconsider investing in the region – and found a number of reasons for local GPs to be optimistic.
The wealth manager has hired Andrew Joy as a senior advisor, in a bid to continue expanding the firm’s private equity business.
The UK firm, which turned to a deal-by-deal approach after abandoning plans to raise a fund last year, is understood to be in talks to sell part of itself to Tikehau.
Buyout firms got less bang for their bucks through asset sales last year, according to fresh research, as the rising share of secondaries continued to put pressure on asset valuations.
The Polish firm’s final close – below its €650m target – comes after a string of exits by previous vehicles.
The French firm is considering a sale of Diana Ingredients, which it bought from Cognetas in 2007 for €710m.