The central Europe mezzanine specialist has held a first close on its debut fund as it looks to capitalise on the favourable conditions for mezzanine investors. The fund has raised just under half of its €125 million target.
City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.
Venture debt provider Kreos Capital has strengthened its senior team with the recruitment of Luca Colciago from Noble as a partner. The hire comes as the firm continues to invest its latest fund, which was closed in April and is being deployed at a rapid rate.
Vivek Tandon is the founder and a general partner of Aloe Private Equity, an investment firm based in London and Paris. Aloe expects to close Aloe Environment Fund II, its second clean energy and environmental fund dedicated to the clean energy and environment sector, in the third quarter of 2007 with a target of up to $200 million. The fund has attracted the support of the International Finance Corporation and many of the investors in the first fund. Aloe's strategy is to invest in European cleantech companies and help them expand into Asia.
Japanese LPs are looking to increase their exposure to private equity. But can they be tempted to invest outside their comfort zone, asks Sharon Lim.
The bumper results of three listed private equity vehicles suggest that the public markets remain positive about the asset class, although ICG chairman John Manser believes the coming year will see a downturn in performance.
The investment arm of SVG Capital has closed its latest structured fund of funds €200 million ahead of target, while introducing innovation in the fund’s gearing.
Alinta is backing a $6.66 billion takeover offer from Babcock & Brown instead of a rival bid by Macquarie, as the Australian energy utility is convinced the former offers a “high degree of completion certainty.”
Fifty finest..Continue 2007-06-01 Staff Writer <strong>STEPHEN SCHWARZMAN, BLACKSTONE GROUP</strong><br> Always bet on Blackstone. The firm has moved from success to success largely because its chairman and chief executive Stephen Schwarzman demands nothing less. The strong, early track re
A London investment group is aiming to avoid overexposure to frothy conditions in Europe's leveraged loan market - and benefit should it overheat.