The US buyout market faces a challenging environment of rising purchase price multiples for high quality companies while in Europe, GPs have found sources of capital amongst sovereign wealth funds and public fund managers willing to bridge the pre-IPO gap. This is according to the new report, Ten Challenges facing

Optimism among investment managers rose for the fourth successive quarter as business volumes and incomes grew again, according to the latest CBI/PwC Financial Services Survey.  Numbers employed also increased for the third quarter running. Securities trading respondents saw business volumes and income values fall and average costs increased. However, the

The European Bank for Reconstruction and Development (EBRD) financed a record number of projects in 2012, providing strong support in a particularly difficult environment for the countries where it invests. Bolstered by healthy profits in 2012, the bank remains well-equipped to reach out to emerging economies again this year and

Krusen Capital Management has formed a partnership with Meeschaert Group to provide clients with alternatives advisory services, manager and strategy due diligence, and access to a platform of alternative investment solutions.  Krusen will be responsible for identifying actionable opportunities, analysing traditional and alternative solutions, conducting due diligence on best in

Phoenix Fund Services’ UK funds business has grown more than 60 per cent in 2012 and now administers total funds under management of GBP850m. Anthony Wolfe, business development director, says: “Phoenix is delighted that its UK funds business has grown so strongly in the past year in a harsh investment

Nearly 50 per cent of divestments in the UK over the past two years were driven by a need for a quick cash injection rather than to achieve a longer term strategic objective, according to a report from Ernst & Young. The 2012 Global Corporate Divestment Survey reveals that respondents’

The Beekman Group has held the final closing of Beekman Investment Partners II at USD100m in equity commitments. "We are pleased to have raised USD100m in the current environment and to have surpassed our debut fund by over 40 per cent" says John G Troiano, founder and managing partner of

Wellington Financial, a privately-held specialty finance firm providing growth capital to US and Canadian-based companies, has held the second closing of Wellington Financial Fund IV. Wellington’s 2006-vintage Fund III was capitalised with USD150m of re-circulating institutional equity commitments.  That fund led over USD300m of financings via 52 loans over its