Private Equity
BC Partners-owned United Group agrees to pay ousted founder €250m bonus
United Group dismissed Dragan Šolak and chief executive Viktoriya Boklag in June
2 min read
The new PE firm with a minimum buy-in of $500m
MGX has already made investments in Open AI and Elon Musk’s xAI
2 min read
True Potential’s wealth business swings to a £243m loss after FCA review
Cinven-backed advice consolidator was forced to set aside £100m to refund clients who were transferred into non-advised investments
3 min read
BC Partners faces ‘corporate governance crisis’ at United Group, rebelling executives warn
Senior figures inside the European telecoms giant have been exchanging letters that underline growing management tensions
4 min read
Ex-Legal & General boss Sir Nigel Wilson makes venture capital move
Former L&G chief executive to join CIC as chair
1 min read
Cinven snaps up Grant Thornton Germany
The deal comes after the private equity giant acquired a majority stake in Grant Thornton UK last year
2 min read
Blackstone senior MD in Europe departs for Adevinta role
Natacha Jamar worked on landmark Blackstone deals including Merlin Entertainment and Versace
2 min read
Revealed: The top-performing venture capital firms
While US investors have typically dominated the top 20 positions, this year’s highest performers were from around the globe
4 min read
Copper Street Capital sounds out buyers for wealth firm One Four Nine
The private equity house has returned to market after a string of acquisitions for its advice consolidator
2 min read
Bain Capital mulls bid for Costa Coffee
Private equity firms are weighing up a deal for the UK high street coffee chain
1 min read
Adams Street Partners joins Abu Dhabi rush
Private markets giant pushes into the Gulf as it eyes future partnerships
2 min read
IQ-EQ pay row revealed in tribunal
The case comes as Astorg gears up to sell the fund services giant
Private equity firms in talks with audit watchdog over more takeovers
At least six audit firms have approached the FRC about the possibility of a change in capital structure over the past two years, FN can reveal
Lacklustre listed PE funds bode ill for industry hopes of retail boom
New research raises doubts about retail funds and poses uncomfortable questions
Why Carlyle’s Intelliflo acquisition is a bum deal for Invesco
Catch up on the top news in wealth management this week
3 min read
Is private equity coming for law firms?
Catch up on this week’s top legal news
4 min read
Investors circle sports funding platform backed by Liverpool FC legend Kenny Dalglish
Keeps is looking to raise cash to shake up how fans buy in to their clubs
3 min read
Private equity bosses speak out on UK wealth exodus: ‘It will take some time to reverse this’
Well-heeled executives are quitting Britain for more lenient tax jurisdictions such as Italy and Dubai, creating a headache for the UK government. The trend shows no signs of stopping
7 min read
Ex-Rosenblatt CEO: ‘There is a large degree of FOMO’ on PE from law firms
A new advisory firm has been set up to drive private equity investment in law firms
4 min read