Fund Management

The stock market crash and its aftermath brought into sharp focus the potential liabilities faced by private equity firms. But as they seek out the protection offered by insurance, they are finding the cost of cover can be prohibitive. Will Swarts reports.

Depending on who you talk to, Europe's high yield market is either still struggling or is set to grow into something far deeper and broader. Certainly this year's performance has caught the eye of numerous investors, and many practitioners can now talk about distinct facets to the market. But what will shape high yield's evolution? And what part will the private equity community play in this? Robin Burnett investigates.

Americas 2003-11-01 Staff Writer <strong>America<br> Monitor</strong><br> <sec level="2"><strong>Note to regulators: we're not hedge funds!</strong><br> <quotation><bold>Two recent regulatory moves in the US designed to rein in hedge funds have c

Europe 2003-11-01 Staff Writer <strong>Europe<br> Monitor</strong><br> <sec level="2"><strong>Called to account by IAS 27</strong><br> <quotation><bold>While general partners are focusing their minds on where the next deal is coming from or how t

Swiss firm Private Equity Holding has reported its first quarterly gain in two years following the disposal of part of its portfolio to CSFB.

Big is beautiful, and mezzanine is clearly in vogue. Until recently, the largest dedicated mezzanine fund ever raised was DLJ Investment Partners II, a $1.6bn vehicle organised in 1999. Then came Goldman Sachs, closing GS Mezzanine Partners III on $2.7bn. We spoke to Robin Doumar, a managing director of GS Mezzanine Partners in London, about the group's plans for the fund and their take on current mezzanine investment trends on either side of the Atlantic.

David Rubenstein of The Carlyle Group and Blackstone's Stephen Schwarzman are pioneers of the multi-strategy private equity investment model. When the two met in New York to compare notes on how to run a global alternative investment business, David Snow looked over their shoulders.

It takes considerable skill and expertise to establish a successful fund investment operation dedicated t to private equity, i although being in the right place at the right time helps as well. Jens Bisgaard-Frantzen leads the team of private equity investment professionals at ATP Private Equity Partners: they have the experience and the money to make an impact. Philip Borel finds out how this recent arrival in the LP big league came about, and how it is advancing.

Americas 2003-10-01 Staff Writer <strong>America<br> <bold>Monitor</bold></strong><br> <sec level="2"><strong>Secrets worth keeping?</strong><br> <quotation><bold>Regardless of what will eventually be decided by a Californian superior

A Greek fund of funds advised by Westport has raised E105m through an oversubscribed issue of government-backed debt notes.