Toby Mitchenall
Spurred by the increasing need to engage with policy makers, the European industry body - currently chaired by 3i's Jonathan Russell - has proposed changes to its structure that would ensure the whole industry speaks 'with one clear voice'.
Spurred by the increasing need to engage with policy makers, the European industry body - currently chaired by 3i's Jonathan Russell - has proposed changes to its structure that would ensure the whole industry speaks 'with one clear voice'.
The chairman of Permira says he has never experienced such a ‘lack of clarity’ over the economic outlook and has warned investors that things may get worse before recovery. Megadeals will be replaced by smaller investments for 'a very long time', he says.
A proposed European directive differentiates between private equity and hedge funds, but has sparked concern among the European mid-market that managers and portfolio companies will be burdened with ‘costly and unwarranted’ reporting standards.
The buyout giant’s plan to delist its Euronext-traded fund and float on the New York Stock Exchange has once more been delayed due to the tumultuous recent conditions in the financial markets.
3i Group, the London-listed private equity firm, is considering a rights issue as part of its continued effort to reduce its £2.1 billion (€2.3 billion; $3.1 billion) debt burden. In response to a report in UK newspaper The Sunday Telegraph that it is planning to raise between £500 million and £700 million, 3i said it […]
The listed British private equity investor has confirmed that it is considering a rights issue, following media reports that the firm is looking at raising up to £700m.
The London-listed private equity firm has offloaded a portfolio of 10 venture capital investments to the secondaries specialist. 3i has also exited its growth capital investment in shipping services company Instone International for between €30m and €50m.
Formerly an investment vehicle for Abu Dhabi’s sovereign wealth, the Abu Dhabi Investment Company is expanding into M&A advisory with the hire of Alex Carré de Malberg.
Nick Gaynor, Deutsche Bank’s head of financial sponsor coverage for the EMEA region, has joined the subsidiary alternatives firm to lead its charge into direct and co-investments.