Toby Mitchenall
Two of Eaton Partners’ former European fundraisers have set up London-based placement agent Threadmark.
Mid-market private equity firm Graphite Capital has backed the start-up of a London property development business with a £100m funding package.
The global private equity firm has partnered with Silver Lake to acquire Interactive Data for $3.4bn. It has also agreed to buy Advent International’s UK retailer Poundland.
It was a case of clash of the titans on Wednesday night as Apax contested the final of the Private Equity Foundation Annual Football Tournament in London with Blackstone Real Estate. The event raised £56,000 for charity
The two giants of the private equity and real estate world are joining forces to buy 318 RBS branches. RBS has also attracted bids from Banco Santander, National Australia Bank and JC Flowers.
Heikki Westerlund, Capman CEO since 2005, will next month make way for Lennart Simonsen, a former M&A lawyer.
UK pension funds are increasingly favouring alternatives, with the average asset allocation rising to 9 percent in 2010, according to Mercer.
The mid-market firm has further divested its stake in UK storage company Safestore. The investment has now generated 4x Bridgepoint’s invested capital.
The UK’s PPF has sketched out a 20% allocation to alternatives, which will see the £3.9bn fund invest in private equity and infrastructure funds for the first time. It will retain exposure to real estate.
Poul Nyrup Rasmussen, head of the Party of European Socialists, argues why he sees private equity as a destructive force - and questions why LPs invest in such 'risky' products to begin with.