News & Analysis

The rewards of risk 2008-08-01 Staff Writer For most, risk is something to be avoided. For good private equity investors, risk is something to be evaluated, controlled and ultimately embraced as a condition for outsized returns.<br /><br />The August issue of <italic>PEI Manager</italic&

Polymath and industry pioneer Lord Charles Cecil retired last month from Helix Associates, the firm he founded and sold to US investment bank Jefferies.

The KKR spin-out is backing the Florida-based bank’s aggressive expansion plan.

The quoted fund of funds, backed by Bank of America and Oak Hill, has engaged ABN AMRO to issue a continuous quote on its shares. It is the second time the bank has provided the Euronext-traded fund with liquidity.

Global Infrastructure Partners and energy company Fortistar have acquired bankrupt Texas power generation plant Channelview after US courts approved the deal last month.

IR and communications comp 2008-07-01 Staff Writer <b>Which function(s) most accurately describes your role?</b><br /><table><tr><td>Marketing/Communications</td><td>27%</td></tr><tr><td>Investor Relations</td><td>11%</td&

Building the right board of directors for a portfolio company about to go public is crucial to a successful offering. How can they source a board as they get ready for the glare of the public markets?

Avoiding accounting and auditing delays, hence higher costs, for newly acquired portfolio companies can be acheived in four steps.

With private equity firms bigger and more complex than ever before, sophisticated chief financial officers are in high demand. No one knows this better than Clarke Murphy, the head of global private equity searches at executive recruiter Russell Reynolds. Murphy, based in New York, tolddavid snowrecently that while investor relations professionals are probably at peak demand currently, private equity firms are on the hunt for CFOs and finance professionals who can bring a diverse mix of skills to the table. Excerpts from our conversation with Murphy are below.

GPs are increasingly adopting or considering adopting fair value guidelines, as FASB drives fair value implementation and auditors pay more attention to GPs and LPs, finds a new survey by the Tuck Center for Private Equity and Entrepreneurship.