Mr Obama, stop the attack on private equity
Bain Capital provided a transfusion of $100m to update a steel plant’s machinery – it was a blood bank, not a vampire, writes Sebastian Mallaby
Private equity
Resources
More on FT.com
Thomas H Lee buys Brazilian steak chain
Foreign investors are fighting over the country’s fast-growing consumer brands, with the US private equity firm buying Fogo de Chão for $400m from GP Investments
Moody’s warns on LBO debt defaults
Unrated private equity deals face challenges
Vector makes move for France’s Technicolor
Private equity firm challenges JPMorgan’s offer
China’s CIC seeks stake in Alibaba
Ecommerce group to raise funds for share buyback
Silver Lake in €1bn Global Blue deal
Tech firm acquisition one of Europe’s top deals
Related content and features
Comment and Analysis
3i: the travails of private equity
If the new CEO cannot solve the UK private equity group’s problems, liquidation seems desirable
Buyout chief takes on Italian heavyweights
Matteo Arpe is lined up against a group that includes UniCredit and Mediobanca in a corporate takeover clash over insurer Fondiaria-Sai
No cash in Hands’ dealmaking pot
Terra Firma boss predicts investors will pile into private equity deals next year – but losses sustained by his EMI venture could see him struggle to attract funds
French election rattles private equity nerves
Parisian private equity executives are trying to establish whether and how their sector would change should France swing to the left
Hands in ‘old school’ deal for care group
Terra Firma lands Four Seasons in first foray into sector
Private equity IPOs
Investors should remember that the buyout industry’s golden years were during a long period of falling interest rates
Tamara Mellon puts the boot in to buyouts
Former Jimmy Choo boss blames investors for lack of long-term vision and says the PE model ‘is open to people who are more vultures and parasites’
Dealing with the squeeze
FT series
In a five-part series, the FT looks at how buy-out firms are finding new ways to put their capital to work, one year on from the start of the credit squeeze
Investors critical of stakebuilding
When 3i floated its £400m Quoted Private Equity investment company in June 2007, some observers saw it as a poorly timed move
Concern over debt purchases
TPG’s profit on its share of Alltel’s debt illustrates a potential conflict of interest when private equity groups purchase debt at discounted prices in buy-out deals
Escaping the financial lock of bolt-ons
The Emap acquisition by Apax Partners and GMG highlights the difficulties of pursuing a buy-and-build strategy
Reward is worth risk for emerging market gurus
Western private equity executives monitor the situation in South Ossetia with particular concern after a $2.7bn spending spree in Russia
Perfect partners find matches blocked
Buy-out bosses say there are political and financial obstacles to investing in the financial services sector
More stories
View from the Markets