Toby Lewis
The Swiss alternative asset manager‘s executive chairman Alfred Gantner said 'the time is back when you’ve got to invest'.
The European buyout firm has recruited a pair of One Equity Partners’ founders to help set up a deal team for its New York office, shortly after completing the buyout of US satellite company Intelsat for $16.6 billion.
The listed trust of Candover had its strongest net asset value gains for 19 years as the group's Colin Buffin remains confident despite worsening market conditions.
Buyouts in the regulated utility services sector continue as firms seek defensive sectors for a possible economic downturn.
The first-time venture fund is backed by financial institutions aiming to capitalise on the numerous possibilities for green technologies in Europe.
Investment banks Qatar Islamic Bank, QInvest and Silver Leaf Capital are reportedly raising a country fund in another Middle East fundraising development this week.
The firm has appointed a heavyweight legal advisory board to benefit from deregulation in the sector, which it expects to trigger a “big bang” of takeover activity.
The listed alternative asset manager incurred losses on its investments in four Permira portfolio companies last year, but its fund management business grew and Permira made ten profitable realisations.
The UK buyout firm’s acquisition at around 14 times EBITA provided an exit for Bridgepoint, which achieved a two and a half times return over two and a half years.
Gerry Murphy, who resigned as head of the FTSE 100 home improvement retailer last year, has joined the global investment firm.