The FTSE 100 company, led by Philip Yea, remains confident that despite difficult market conditions, which may slow down its mid-market buyout business, its recently expanded growth capital team will be sheltered from the credit storm.
The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
The UK mid-market firm secures its third deal since the credit crisis engulfed the buyout industry, taking its deals' total enterprise value to £250 million.
Italy’s Pirelli Real Estate and RREEF are part of a quartet of investors buying a 49 percent stake in German department store joint venture.
Terra Firma’s first Walker-compliant annual review sets out a blueprint for mega-fund disclosure, reporting on all its portfolio companies irrespective of size or location. Guy Hands may conduct more of his business outside the UK as a result of changes to tax.
The first cut of EVCA’s independently produced data for Europe shows the industry’s resilience in fundraising and investment in the face of challenging market conditions in 2007. Performance was stable.
The first cut of EVCA’s independently produced data for Europe shows the industry’s resilience in fundraising and investment in the face of challenging market conditions in 2007. Performance was stable.