Sunday, 21 September 2014
Last updated 1 day ago
Nov 27 2013 | 11:45am ET
After three years of steering clear of two of Europe's sickest men, the private-equity industry has rediscovered Italy and Spain.
Buyout funds focused on Southern Europe have raised more than €1 billion this year, the most since 2009. And at least 15 firms are seeking to raise a combined €4 billion to invest in the space, The Wall Street Journal reports.
By contrast, just €1 billion was raised between 2010 and 2012; between 2010 and this year, deal activity had dropped 45% in Italy and Spain, compared to the period between 2005 and 2008.
Southern Europe's biggest p.e. firms, SGR SpA and N+1 Mercapital, plan to launch new funds next year. SGR aims to raise €1 billion for an Italy-focused fund, while N+1 hopes to find €500 million for a Spanish-focused vehicle.
They are not alone: Also seeking to raise new funds in the region are Ambienta, Consilium, Corpfin Capital Asesores, Magnum Capital, Portobello Capital Gestión, ProA Capital de Inversiones, Qualitas Equity Partners and Xenon Private Equity.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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