Fund Management

India's ICICI Venture gets into healthcare * GSJBW fund fully invested * Goldman, CDH win Chinese meat auction * LF Asia acquires menswear brands * IDFC lines up Indian stockbroker * Morgan Stanley to acquire Korean trader * Oak revisits India strategy * Carlyle retains Taiwan media focus * ChrysCapital exits via secondary * Allco, DB Capital acquire debt collector * Backing for Kiwi nursery firm * CHAMP consumes food firms * GIC, Olympus go organic in China

Mike Anderson of Intermediate Capital Group looks at hidden dangers lurking in the capital structure of leveraged buyouts.

Is the distressed pendulum swinging? Investors have recently been looking towards Germany for distressed debt investing—but, according to some in the space, the smart focus for bad debt investing is the US. By Aaron Lovell.

Vittorio Pignatti Morano, Lehman’s former co-head of European M&A, has been appointed to head up the global investment bank’s European private equity activities.

The profile of senior secured debt continues to increase in Europe and the UK as private equity firms target distressed opportunities. By Aaron Lovell.

Although mezzanine remains the subordinated debt instrument of choice for many sponsors in Europe, life is tough for specialist providers today. But, as Joanna Hickey reports, the specialist funds remain upbeat – insisting that, with rising volumes, their sponsor relationships and their own adaptation to market changes, they are still getting enough work.

In April, Private Equity International gathered together a group of leading European private equity professionals to reflect on deepening liquidity in the leveraged finance market. The rise of the institutional investor was a major talking point, reports Andy Thomson.

WL Ross & Co.'s head and namesakeWilbur, Ross, is poised to strike each time an industry enters a downturn. Ken MacFadyen sat down with him to hear what lies on the horizon for one of the best-known trouble-seekers in the investment industry.

KKR is about to test the market's appetite for listed LBO funds.

Mike McCook charted a new course in real estate investment for the state retirement system. Will his successor continue his strategy?