Eckoh: Payments software firm discloses bid from private equity firm August 22, 2024 Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. The offer, which valued Eckoh at 54 p per share and was “highly conditional” and “non-binding”, follows a lengthy hunt for a suitor from the [...]
Private equity giant CVC makes ‘strong recovery’ as capital deployment ramps up August 14, 2024 Private equity giant CVC saw activity tick up in the first half of the year, recovering from a quiet 2023 as money finally began to flow into its investments. The Six Nations owner beat expectations with fee-paying assets under management at 127.5bn euros, two per cent ahead of analyst expectations, it revealed in a half-year [...]
Meet the Fund Managers: Pantheon International co-lead manager talks mistakes and defends private equity August 12, 2024 In this episode of Meet the Fund Managers, Elliot sits with Helen Steers, co-lead manager of private equity trust Pantheon International Plc (PIP).
It’s over: FTSE 100 giant Hargreaves Lansdown receives £5.4bn private equity bid August 9, 2024 Hargreaves Lansdown has finally received an official bid from potential private equity buyers that management is prepared to recommend to shareholders. The £11.10 share bid, along with a dividend of 30 pence for the end of the financial year, came after months of negotiations between the DIY platform business and the consortium of private equity [...]
Turtle Bay serves up another record year after championing four-day week August 5, 2024 Caribbean restaurant and bar chain Turtle Bay has reported another record year and hailed the success of its switch to a four-day working week for its employees.
Vinted mulls share sale that could value platform at £3.8bn July 31, 2024 Vinted has reportedly contacted investors about a share sale which could value the company at as much as £3.9bn.
Rothschild-backed private equity fund racks up £225m in funding July 29, 2024 An Edmond de Rothschild-backed fund run by Kennet has raised 266 million euros (£225m) to invest in software-as-a-service (SaaS) companies.
Meet the fund managers: In defence of private equity July 29, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Helen Steers, co-lead manager of private equity trust Pantheon International PLC (PIP)
Investors bet big on private equity despite tax fears July 26, 2024 High net worth UK investors are more positive on private equity than every other asset class, despite fears that tax changes could scupper positive returns, according to a new survey.
How private equity lost its lustre July 24, 2024 Private equity isn't what it used to be, as a new report finds that private equity returns are a third lower in recent years than usual.