INDUSRTY FRONTLINE 2005-09-01 Staff Writer Marsh Europe names new head of private equityMarsh, the global risk and insurance services firm, has named Edwin Charnaud as its new European practice leader for private equity and M&A. Charnaud, who will be based in Marsh's Eur
The closing of a deal isn't always the end of the transaction process, as firms often have to contend with purchase price adjustment disputes and portfolio company integration issues. By Art Janik, Associate Editor
MATLINPATTERSON'S ONGOING LABOR DRAMA SHOWS THE LIMITATIONS OF SOME UNION PRESSURE TACTICS
PRIVATE EQUITY GPS SAY ONE THING ABOUT FAIR VALUE BUT BELIEVE ANOTHER
?What forms of regular communications do you maintain with your portfolio companies?? 2005-08-01 Staff Writer The most important channel of communication is the relationship between the executive responsible for the deal and portfolio company's CEO. We try to keep requests for information, beyond that contai
Advent International was established in 1984 and since then has invested in more than 500 companies in 35 countries across Western and Central Europe, North America, Latin America and Asia Pacific. Since inception, the firm has raised more than $6 billion in capital and closed its most recent global buyout fund in April this year with commitments of €2.5 billion ($3.3 billion). Tom Lauer came on board in 1987 with no experience in private equity. He has overseen the financial dimension of Advent's transition from a small venture firm to today's global, multi-fund manager that boasts over 100 investment professionals of 19 nationalities in 14 offices and 13 countries. With responsibility for the financial management of the firm's worldwide operations and a member of Advent's Executive Committee, he describes the highs and lows, challenges and opportunities that have marked his almost two decades as a CFO in private equity.
Real estate opportunity funds sport higher fees than other property vehicles to justify the process of searching for high-return investments. Limited partners can use a variety of tools to ensure their GPs are earning those fees. By Aaron Lovell
Chinese authorities are monitoring the use of offshore special purpose vehicles, which have afforded many advantages to private equity investors in the region. By Albert McLelland and Jiannan Zhang
INDUSTRY FRONTLINE 2005-08-01 Staff Writer Alvarez & Marsal recruits Asian teamAlvarez & Marsal (A&M), the US-based turnaround and restructuring adviser, has launched Alvarez & Marsal Asia with an 80-strong team. The team has been recruited en masse from Hong Ko
A NEW SAFE HARBOUR RULE ISSUED THIS SUMMER HELPS GERMAN INVESTORS DETERMINE WHETHER OR NOT THE TAXMAN WILL PENALIZE INVESTMENTS IN FOREIGN PRIVATE EQUITY FUNDS