The EU commissioner for internal markets hits out at regulatory restraints but calls for better transparency
A co-founder of Apax Partners is filing suit against his partners to claim profits he says have been ‘unjustly’ withheld
Although the venture capital firm as a business predates the buyout firm by at least a decade, only now does it appear that venture capital is succumbing to many of the same economic realities of what is now called the private equity industry.
The head of Global Infrastructure Partners, a firm formed by Credit Suisse and GE Infrastructure in 2006, explains why the infrastructure asset class is poised for further growth. Among other issues, hear him discuss GIP's deal for London City Airport and why he doesn't like toll roads in InfrastructureInvestor's first multimedia presentation.
The Pension Benefit Guaranty Corporation, which guarantees the pensions of about 44 million Americans, has hired gatekeepers as it prepares to allocate a portion of its $5.5bn in assets to private equity and real estate.
As the industry steels itself against a potential regulatory backlash in Europe, certain members of the European Parliament, including Poul Nyrup Rasmussen, have railed against the pro-private equity stance of the internal markets commissioner.
The New York-based private equity firm has agreed to buy a 70% stake in Flagstar Bancorp as long as the US government injects $250m from the Troubled Assets Relief Program in the bank.
The listed Permira investor has taken a number of measures to boost liquidity, including reducing by £796m its original commitment to Permira’s fourth buyout fund.
The Southern California-based private equity advisor has hired James Gamett to head up secondary investments, which the company believes has become an attractive investment area.
MYOB’s board has approved the terms of an amended take-private offer that values the company at A$450m, A$13m more than the previous offer.