Pizza Express is set to be taken over by its bondholders after a sale process seeking potential buyers failed to drum up a competitive offer. The deal would involve Hony Capital, the private equity firm based in Beijing, handing over the keys to the restaurant chain...
European private equity funds outperform listed equities over the long-term, new research shows. The data analysis, from the pan-European trade body Invest Europe, found that European buyouts delivered an internal rate of return (IRR) of 15% since inception to...
Impact investors step up as small and midsize businesses struggle to survive the effect of the pandemic Early in the pandemic, small businesses in the US were handed a lifeline by the taxpayer-funded Paycheck Protection Program, which helped many to stay afloat as...
Billionaire investor Daniel Och, who founded hedge fund Och-Ziff Capital Management, said in a filing on Friday that he plans to raise $750 million through a blank check acquisition vehicle, becoming the latest major hedge fund investor to launch one. Och, who started...
Private equity firms are increasingly seeking shelter in the booming technology sector, which many now believe is the industry’s best way out of the Covid crisis. The coming months will likely be dominated by uncertainty for the private equity industry in Europe as...