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Secondaries
The quoted fund of funds, backed by Bank of America and Oak Hill, has engaged ABN AMRO to issue a continuous quote on its shares. It is the second time the bank has provided the Euronext-traded fund with liquidity.
Two decades after it laid the foundations for the private equity secondary market, Paul Capital continues to innovate.
Partners Tim Clark and Loretta Shaw-Lorello are the first of seven PE specialists on their way over from O'Melveny & Meyers.
Born of a major secondary deal with Lucent, New Venture Partners' deal team now spend their days combing through the R&D labs of British Telecom and Royal Philips Electronics, among others, looking for hidden – and potentially profitable – gems.
FRONTLINE 2008-04-01 Staff Writer Glocap expands in AsiaNew York-based executive search firm Glocap Search has announced an expansion of its Asia search activities and the appointment of Rick Johannessen as a senior vice president who will lead the effort on the continent. Joha
Private equity firms are applying a new rigor in evaluating the performance of investment professionals, shifting the process from an art to a science.
INTELLIGENCE 2008-03-01 Staff Writer <b>Platinum Equity CFO lands outside PE</b><br />Bill Foltz, the one-time CFO of Los Angeles-based Platinum Equity, now serves as CFO for Gorilla Nation, an online ad rep firm. Before this latest move, Foltz was a partner and managing principal at Sports
Philip Jensen joined Paul Capital Partners in 2001 as the firm was branching out from its focus on private equity secondaries to include venture capital funds of funds and healthcare royalty investing. As CFO, he had the responsibility of playing architect for the organization, which, he says, was “not difficult” given his previous experience in senior roles at Kaiser Foundation Health Plan and Hospitals, McKesson Corporation and Deloitte & Touche. Jensen speaks to Wanching Leong about managing his 30-person strong operations team and the Bank of Ireland's investment.
Sir David Walker has published his long awaited report on disclosure and transparency in private equity in the UK. Is compliance with his recommendations enough to stave off government regulation?
The management teams at private equity portfolio companies in Europe are asking for higher equity values of the business – and getting it. Separate financial advisors, long-standing management teams and secondary sales will likely sustain the movement towards enhanced management equity yields.