The merged entity of Bank of America and Merrill Lynch could have top five investment banking relationships with 55 per cent of large US companies, according to a report by Greenwich As

Shotz Health has asked Catalyst Investment Group to help secure up to GDP1.9m from potential professional investors who would gain a 20 per cent equity stake in the company.

Two thirds of private equity investors will have little or no headroom for new fund commitments by this time next year, according to Coller Capital’s latest Global Private Equity Barome

Some businesses are flourishing in the face of the economic downturn with the support of private equity backing, according to Matrix Private Equity Partners.

Nearly 30 per cent of fund administrators in Europe will experience a reduction in revenue in 2008, according to a survey by Deloitte.

Octopus Investments has sold the majority of its 6.3 per cent holding in TDX Group, a provider of analytics-based consumer debt management services, for approximately GDP2.6m.

The London office of law firm Baker & McKenzie has advised Earth Capital Partners on the establishment of a business with a specialist focus on environmental investment.

BMB Group, a global alternative assets manager, has announced it is buying 50 per cent of private equity firm EMP Global for an undisclosed sum.

As the recession casts doubt over the viability of some UK businesses, a growing number of company directors are seeking legal advice from City lawyers on their accountability for the ‘goi