Latest News
Mid Europa Partners has entered into an agreement to sell Aster, a provider of media and communication services in Poland, to UPC Polska, an affiliate of Liberty Global.
The transaction is subject to regulatory approval by the Polish competition authorities, and is expected to close in the first half of 2011.
The transaction values the business at PLN2.4bn (EUR600m) and allows the Aster investors to approximately double their initial investment.
Matthew Strassberg, who has led Mid Europa’s investment in Aster, says: “Since acquiring Aster in 2006, we have enjoyed partnering with its strong management team in solidifying Aster’s premium market
BNP Paribas Clean Energy Partners has raised EUR437m for its Clean Energy Fund from a range of institutional investors.
This follows the fund’s first close in September 2009 on the back of a cornerstone commitment from BNP Paribas Investment Partners.
The clean energy infrastructure fund aims to achieve a solid risk-return profile by investing in assets with underwritten cash flows and the potential for capital enhancement during its lifespan.
It focuses on the clean energy technologies of onshore wind, small-scale hydro, solar photovoltaic and biomass.
"We are delighted with the backing we have received from investors for our fund," says
The Swiss Funds Association has appointed Petra Reinhard Keller of Credit Suisse Asset Management Funds in Zurich to its board of directors.
Reinhard Keller is a managing director and head fund solutions and clients services as well as deputy chief executive of Credit Suisse Asset Management Funds.
She replaces Raoul-Philip Bachmann, who has left Credit Suisse and has thus stepped down from the SFA board of directors.
Reinhard Keller has been active in the fund business for ten years, holding executive positions for most of this time.
“Petra Reinhard Keller is a seasoned expert in the funds and asset management
Geo Genesis Group, an advisory and investment company focussed on China and other emerging markets, has signed an agreement with Zhejiang Yongle Alloy Wheel, a Chinese aluminium alloy wheel manufacturer, to provide consultancy services to structure a stock exchange listing and associated financing of up to USD10m.
The agreement follows the recently announced deal with Flourish Media, a Chinese based publisher of magazines, also to provide a consultancy service to structure a listing and fundraising.
Yongle is a large-scale modern enterprise with total investment value of USD50m. Products include machined wheels, chromed wheels, polished wheels and full-paint wheels, with
Lloyds TSB Commercial Finance has completed another private equity backed cross border transaction with the GBP75m refinancing of Chesapeake.
With a turnover of GBP500m, Chesapeake is a supplier of consumer packaging.
The company operates in a wide variety of market sectors including pharmaceuticals, agrochemicals, confectionery and spirits.
Since May 2009, Chesapeake has been owned by two American private equity houses, Irving Place Capital and Oaktree Capital Management. Their purchase of the business marked the transition of Chesapeake from being a publicly-traded company listed in the US to a private company headquartered in the UK.
Chesapeake now operates as a
Law firm Harneys has opened an office in Montevideo, Uruguay.
Law firm Harneys has opened an office in Montevideo, Uruguay.
Led by Marco Martins, a partner and head of the firm’s Latin America practice, the Montevideo office will improve the firm’s ability to service clients throughout Latin America.
Martins says: “Our ultimate goal is to be able to provide the best service possible to clients in the region, in local language and with a full appreciation for the economic, cultural and dynamic needs of the region, and a Harneys office in Latin America is another important step in our
Wholesale Interiors and Chicago Private Equity Group have formed a partnership that will establish a fund for the eventual acquisition of suppliers of both restaurant furniture and commercial furniture.
Once built, Wholesale Interiors will lead a project aiming to acquire small to mid-sized manufacturers and suppliers, bringing them under the wing of the manufacturer and distributor.
The resulting expansion will allow Wholesale Interiors’s pricing to be offered on a multitude of new products, styles, and categories.
“We are interested in taking over suppliers with promising ideas and procedures who have been struggling or only mildly successful in the current economic
Religare Enterprises, an emerging markets financial services group listed on the BSE and NSE in India, has made an investment through its wholly owned subsidiary Religare Global Asset Management in Landmark Partners, a private equity and real estate fund of funds asset manager focused on secondary transactions.
The parties have signed a definitive agreement for Religare to acquire a 55 per cent stake in the business of Landmark Partners for a consideration of up to USD171.5m.
Landmark Partners’ entire management team has made long-term commitments to its business as part of this transaction and will retain a significant equity stake
Glencoe Capital, a Chicago-based private equity firm focused on control acquisitions of lower middle-market companies, has appointed William A. Geoppinger, the former president and chief executive officer of Sara Lee Foods, to its investment committee.
Glencoe Capital’s investment committee includes two senior executives from outside the firm who have management and operational experience.
Geoppinger has served Glencoe Capital in an advisory capacity for several years as a member of its executive network, a group of approximately 40 current and former Fortune 1000 C-level executives and entrepreneurs who have specialised operational and managerial expertise in a range of industries.
Glencoe Capital’s
S&P Equity Research invites you to ‘POWER PICKS 2011’ – Wednesday 8
December, London (Merchant Taylor’s Hall), 17.00 – 18.00
Financial professionals and portfolio managers are invited to join S&P for
an exclusive view of S&P Equity Research’s expectations for 2011, direct
from the research team, identifying some of the key themes, sectors and
stocks we expect to outperform the broader market.
Our analyst team will be on hand to answer specific sector questions.
As there is limited seating for this event, please register for free to
confirm your place today or to request S&P’s ‘2011 Outlook’ paper.
Special Reports
Featured
- Insight
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
