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Matalan draws buy-out groups

Five heavyweight private equity groups are among the first-round bidders for the privately owned discount clothing retailer

Hands warns governments on banks

Call to restructure $7,000bn of loans

Apollo sets sights on NYSE listing

Move aims to take advantage of market rally

TPG investors can cut exposure to financial fund

US bail-outs hit buy-out opportunities

3i edges into positive returns

Buy-out group’s portfolio lifted in first half

Related content and features

Dealing with the squeeze

FT series

Private Equity

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

Comment and Analysis

Blackstone and AB InBev

This expected deal is a shadow of those from just a few years ago, but it is a sign the private equity industry is continuing its slow rebound

Private equity set to become a weapon of mass destruction

Tony Jackson

Logic suggests a lot of companies owned by private equity must be on the point of expiring under the weight of their debt. But the bankruptcy rate, though rising, is still historically low

‘Go-shop’ clauses ease investors’ deal concerns

The ‘go-shop’ clause in the $4.2bn sale of iShares to CVC Capital Partners allowed Barclays to sign a deal with one bidder and then solicit alternative buyers during a 45-day period to determine if iShares could be sold at a higher price

Private equity risks getting its priorities back to front

Lombard

It is never pleasant to see investment bankers licking their lips. New Look’s position on a potential initial public offering will have them positively slavering

A new battle looms on Wall Street

Competition in underwriting from the likes of KKR and Citadel could turn out to be a lasting development, writes William Cohan

PAI confident of strength as Monier slips away

Chief executive Dominique Mégret argues that, while some PAI companies are being buffeted by the recession, it is protected through dividend refinancing

Blackstone to pounce on rivals hit by crisis

PAI offers to halve value of fund

Private equity deals hit the buffers

Private equity groups circle Matalan

Lloyds in talks to buy CPA Global for £400m

Mideast investment cuts hit private equity

Blackstone in listing spree

Wave of dissent against buy-out high fees

Auctions show dealmakers’ creativity

Private equity still on M&A sidelines