PEI Staff

News: Deals 2002-09-01 Staff Writer <b>LBOs take centre stage</b><br />The second half of 2002 promises to deliver an upswing in European LBO transactions, following a record level of activity in July which saw the value of LBOs outstrip both previous quarters in 2002. A total of €15bn was

Branching out into the German middle market, the Munich-based venture firm is raising a E100m buyout fund.

With E765m in equity commitments and a E300m debt facility, the GSC European Mezzanine Fund LP intends to play a lead role in European mezzanine investment.

CDO managers are struggling to keep up with demand from investors, but new product is difficult to assemble, as the markets are slow to supply the quality assets needed to collateralise. Robin Burnett reports.

When do private equity and property fit together? A growing number of dedicated European real estate private equity funds are out to prove to investors in Europe that opportunistic property investment fits the private equity model well. Philip Borel takes a look.

US private equity firms have had a difficult time breaking into the “mass-affluent” market. David Snow explains why.

Recent issues by Britax and Sanitec reveal that issuers can secure useful financing terms via high yield structures with non-call components.

News: Funds 2002-08-01 Staff Writer <b>GSC closes Europe's largest mezzanine fund</b><br />GSC Partners, the independent private capital investor, has held a final closing for GSC European Mezzanine Fund LP. At €1.065bn, it is the largest dedicated mezzanine fund raised in Europe to date.&l

The Italian bank’s Mediocredito Centrale merchant banking unit is to set up two new private equity funds for retail and institutional investors.

While many practitioners view the non-disclosure agreement as a formality, there are in fact a variety of issues which should be considered before signing or sending out an NDA.