Toby Mitchenall
The second-largest pension fund in the UK is increasing its headcount as it seeks to grow its private equity allocation.
The UK's plan to raise taxes for the highest earners may cause investors to seek more favourable tax climates, such as Switzerland, Ireland and the Middle East, says BVCA chief executive Simon Walker. The UK's plans would see the highest earners pay almost 60 percent of their income in taxes.
A consortium including KKR, Carlyle and Cardinal Asset Management has reportedly tabled a €3bn bid to be part of Ireland’s first bank bailout. JC Flowers is also reportedly in the running to recapitalise Ireland's oldest bank.
The firm has sold its substantial portfolio of Portuguese wind energy businesses and is currently in negotiations to sell off similar assets in Germany, France and Greece as it seeks to relieve its debt burden.
The firm has sold its substantial portfolio of Portuguese wind energy businesses and is currently in negotiations to sell off similar assets in Germany, France and Greece as it seeks to relieve its debt burden.
AAC Capital Partners, the former ABN AMRO buyout team, has secured €950m for further acquisitions from investors including Goldman Sachs, the CPPIB, AlpInvest and Adams Street.
The global buyout group has taken another step away from venture capital. It closed its venture-focused Boston office last year.
New LPs accounted for half the commitments to the London- and New York-based firm’s second fund since spinning out of hedge fund group Soros Fund Management.
Economic turbulence is throwing up opportunities for emerging market-focused private equity and real estate funds to make investments at favourable prices, but capital-constrained LPs are urging caution.
The UK mid-market firm has reunited with the management team behind Optimum Care and Avery Healthcare to create a new care home company, which will develop new nursing and dementia care homes and buy existing assets.