Permira Closes Buyout Fund Above Target at €16.7bn

Permira Closes Buyout Fund Above Target at €16.7bn

Permira, the global private equity firm, today announced the final close of its latest flagship buyout fund, Permira VIII, with total capital commitments of €16.7bn. The Fund saw strong demand from investors, closing above its target size of €15bn, which represents a...
Private equity firms lend less as demand cools

Private equity firms lend less as demand cools

Private equity firms that have for years capitalized on the regulatory woes of banks by becoming lenders to risky leveraged buyouts are doing less business just as higher interest rates have made that practice more lucrative. Buyout firms with direct lending...