Feb 27, 2013 | Events, Global, News, Western Europe
BERLIN (Reuters) – Private equity investors hoping for outsized profits are facing an awkward truth – investment returns have shrunk and are unlikely to go back to their peak levels. At private equity’s annual global gathering in Berlin this week,...
Feb 27, 2013 | News, North America
New York (Reuters) – Blackstone Group LP (BX.N) vice chairman J. Tomilson Hill, the head of the firm’s fund-of-hedge-funds business, earned $8.5 million last week by selling a portion of his stake in the world’s largest alternative asset manager,...
Feb 26, 2013 | Events, News, Western Europe
Feb 26 (Reuters) – European investors gathered in Berlin for the annual SuperReturn conference are reluctant to toast the return of big-ticket takeovers in 2013, even though U.S. peers have long since popped the champagne corks. Buy-out houses, which buy and...
Feb 25, 2013 | News, Western Europe
Feb 25 (Reuters) – ISS is in talks over a refinancing or an extension of its 32 billion Danish crown ($5.7 billion) debt banking sources said, adding the Danish outsourcing firm may list its shares this year. ISS has to address around 8 billion crowns debt,...
