Acquiring tea producers and huge plantations are not going to be everyone’s cup of tea within private equity, despite CVC Capital’s $5 billion deal with Unilever last year. With investors more ready than ever to ask tough questions around work conditions and corporate ethics, PE firms will be expected to read the leaves to avoid potential stewardship challenges. Tea companies are fertile investment territory but PE firms will have to hope things remain sweet, not bitter…
Private equity groups have a surging interest in datacentres, funding more than 90% of M&A deals through the first half of the year. New data published by Synergy Research Group shows that GPs are clambering over the racks of servers and routers to get deals done and plug in to future global data demand. They may only house soulless rows of computer networks but these facilities are proving to be quite the centre of attention…it’s enough to make the machines blush.
The spiritual home of arcade games might be about to see the launch of a new blockbuster if Toshiba approves a $22 billion buyout deal. Japan has long been suspicious of private equity but as it softens its view, some of the industry’s biggest names will be hoping to earn the highest score and secure their champion credentials. It may only be Round 1 but expect to see plenty of action over the coming months as the deal takes shape and players get eliminated.
On Tuesday, June 21st, we had the pleasure to host a webinar to present and support myIPEM Grand Opening. Our Head of Product, Meitar Keshet, explained all the new features that LPs, GPs, Advisors & Business Services can use to create new connections and start to plan their attendance at IPEM 2022. We hope that…
Private equity groups are entering a new period that could well find them having to rethink their hurdle rates. With government bonds yielding 4.5% and private equity returns likely to recalibrate to a lower level in today’s challenging markets, General Partners cannot risk pulling a hamstring by setting the performance bar too low. Many will increasingly find investors exercising their negotiating skills to raise the hurdle rate and lower fees. In this competitive arena, who will have the flexibility, and the confidence, to meet the hurdle rate challenge?