Toby Mitchenall
The London- and Paris-based secondaries shop has closed its latest fund and is looking forward to the ‘attractive opportunity’ for the secondaries market caused by credit market dislocation.
The global buyout group is in exclusive talks with credit checking giant Experian to buy its French electronic payments business, in a week in which the firm has already executed two Latin American deals and a Japanese fund close.
The listed private equity investor revealed its first write-down in seven years this morning. However, the group’s shares rose in early trading as investors reacted positively to the firm’s interim results statement.
The emerging markets specialist has executed another African PIPE deal, this time taking part of Tunisia’s largest listed company.
The US private equity firm will add a second struggling German bank to its portfolio, purchasing a 91 percent stake in business bank IKB, which entered into an 'existential crisis' in July 2007.
The London-based private equity firm has diversified its buyout business with the purchase of 50 percent stake in Indicus Advisers.
The former European Acquisition Capital partner joins Palamon to focus on the UK.
The French alternatives firm has smashed its initial fundraising target of €300m against a difficult market backdrop, a week after selling a stake in the management company to Spanish firm N+1.