PEI Staff
Delta Capital Management, manager of the US Russia Investment Fund, has sold Russian consumer bank DeltaBank to GE Consumer Finance for a reported $100m.
The London-headquartered private equity firm has completed its eighth European transaction from a $1bn fund dedicated to the region.
Unprecedented bank and CDO appetite for leveraged loans in Europe has allowed issuance in the first half of 2004 to soar to an unprecedented €35.4 billion.
Having spent over three decades in the industry, Sir Robert Smith is a big name in UK private equity. Now retired (well, kind of), a recent non-executive appointment to the board of directors of 3i Plc means the veteran dealmaker is about to return to the action. Here he talks to Philip Borel about where British private equity came from and where it is going
Distressed investors are hungrily eyeing the many second-lien loans taken out by US private equity sponsors. Deal Mechanic presents the vulture view
Japan still has a reputation for seeing private equity as at best a necessary evil – but recent developments indicate perceptions may be changing
Richard Nevins, co-head of the restructuring advisory team at US investment bank Jefferies International, has relocated to London to spearhead the firm’s push into the European market.
The Boston growth equity firm has invested in Marrayhill, a credit risk management firm specialising in fixed-income securities.
Douglas MacDonald of The MacDonald Partnership has worked hard to promote the provision of finance to ailing UK companies. Here he tells Andy Thomson that the growing phenomenon of ‘debt forgiveness’ is creating a culture more conducive to business rescues.
Leon Shahinian has been appointed senior investment officer for CalPERS’ influential $20bn alternative investment programme, replacing previous incumbent Rick Hayes.