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
Who is shaping the industry? The question is important, because private equity, despite its becoming a more mainstream, institutionalised asset class, fundamentally remains a people's business. Private Equity International picks the people who make all the difference in European private equity.
Private equity is often described as a long-term game and many investors read this as code for the asset class' inherent illiquidity. But now securitisation has come to private equity with the potential of dramatically changing the landscape. Private Equity International looks at recent developments.
Preparing the launch of two new investment vehicles next year, the Swiss group behind Prime Edge Capital is building up its US presence.
What does the Internal Rate of Return of a private equity fund tell you? Or better, what do you think it tells you? Private Equity International takes a closer look at what IRR is and what it isn't.
The history of the US private equity market's love affair with Private Investments in Public Equities is as short as it is sordid. David Snow looks at what's gone wrong.
News: Funds 2002-02-01 Staff Writer <b>€2bn Advent fund to focus On Europe</b><br />Advent International intends to invest 70 per cent of Global Private Equity IV, its new €2bn buyout fund, in Western Europe, with the balance going to North America and Asia.<br /><br />?Europe i