Vermeer Capital, the turnaround firm, set up by seasoned veterans of French business and restructuring, has raised €75m for its first fund.
Forward-looking fund managers are preparing their portfolio companies for life in a deteriorating economic and financial climate, delegates at PEI’s Asia Forum in Hong Kong learned.
The diversified firm, jointly led by Charles Kaye, has surpassed its target by 25 percent, as investors look to emerging markets and growth capital for returns.
The global buyout firm has closed one loan fund while reportedly fundraising for another, as it looks to capitalise on credit market turmoil.
The US firm finds its $700m fund already oversubscribed after just a few weeks in the market. Meanwhile, $16.8bn in debt tied to its BCE deal is reportedly among the LBO loans lenders hope to sell to buyout firms.
Goldman Sachs, currently raising $7.5bn for infrastructure, isn’t the only investment banking giant looking to capitalise on the increasingly popular asset class.
The country’s private equity industry is helping the region close the gap between Latin America and Asia, market participants said yesterday at an ABVCAP conference in Rio de Janeiro.
The San Francisco-based firm co-founded by American football Hall of Famer Ronnie Lott has fully committed its latest fund.
Despite further gains in its portfolio’s value the fund of funds' discount to NAV is increasing as listed private equity firms continue to suffer.
The Central and Eastern European mezzanine firm has tapped investor demand to invest in the hybrid form of debt as the credit crunch has pushed it centre stage.