Nicholas Lockley

The co-founder of the Carlyle Group, one of the world’s biggest buyout firms, has urged his firm to target less risky investments because lenders are taking “very risky credit decisions” when financing private equity deals.

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.

The secondaries venture fund manager is acquiring a portfolio of four venture investments from 3i for an undisclosed sum in its first portfolio deal.

Whole business securitisations of water utilities can attract better ratings, which means cheaper debt, according to Standard & Poor’s. Nicholas Lockley explains how.

Jonny Maxwell, one of the industry’s most high-profile executives, has walked away from the fund of funds business he built over almost two decades after failing to agree a buyout with his employer.

Central bank has called for more and improved data to better understand the potential impact on financial stability posed by hedge funds and their involvement in credit derivatives used by banks to offset risk in lending to buyouts.

Gatekeeper cautions buyout firms to adopt a more investor-friendly attitude for IPOs or the industry may risk losing the exit route so crucial for mega deals.

Debt has never been cheaper, but it may have finally bottomed out.

The UK’s Financial Services Authority has outlined the possible threats to financial stability posed by private equity.

Global buyout firm’s central European team buys ULTIMO to capitalise on burgeoning personal credit market in Poland.