Toby Lewis
The Norwegian firm, led by Ole Ertvaag, completed fundraising in three months, capitalising on the interest in the booming oil and gas sector to more than double its fund size.
European Commission President José Manuel Barroso says sovereign wealth funds are not “big bad wolves at the door”.
The experienced French team has raised their first independent fund as they relish the end of “crazy” prices.
Buyouts executives such as European buyout firm Terra Firma’s Guy Hands are attempting to tap alternative debt providers, especially the sovereign wealth funds, in an effort to keep doing deals.
The oil and gas sector is undiminished despite significant problems in most other areas of the buyout universe.
The Canada Pension Plan Investment Board has opened its first international office in Asia as more investors continue to seek a base in the fast-growing region.
Barclays Private Equity’s sale of women’s shoe company Kurt Geiger to Graphite Capital comes despite the worrying storm clouds gathering around the UK retail sector.
The UK mid-market firm has sold event company Clarion Events having made eight bolt-on acquisitions for the company in pursuit of international expansion.
Australia’s government has reportedly become the first to systematise its regulation of sovereign wealth funds.
The firm has set off on the fundraising trail having doubled the amount of money it plans to invest in Africa.