Since results are often unpredictable, are awards worth the effort? Generally, yes - as long as we manage our own expectations. We don't always get what we deserve. Forty years ago, I deserved to sit in the front row of the Hammersmith Odeon watching Blondie...
eFront’s latest quarterly private equity data shows that LBO performance reached a 10-year high in 2017, while overall risk levels reduced and average time to liquidity improved.
Paris and New York, February 7, 2018 | eFront, the leading financial software and solutions provider dedicated to Alternative Investments, today announces the launch of a brand-new solution set to revolutionize the alternative investment industry, called eFront Insight.
Stage Capital (“Stage”), the private equity and real estate investor backed by funds managed by Goldman Sachs Asset Management and Glendower Capital (previously Deutsche Bank Private Equity), is pleased to announce the signing of the sale of STI Group to a consortium of private equity firms Mérieux Développement and GIMV.
Market leader for premium river cruises in Europe is firm’s second current investment in Germany. Duke Street, the mid-market private equity group, has agreed to acquire A-ROSA, the
German upmarket river cruise operator, from Waterland Private Equity. The consideration
has not been disclosed.
Ultrahaptics, the leading mid-air haptics company, has signed an agreement with global
gaming leader IGT to supply its mid-air haptic feedback solution for implementation in IGT’s
TRUE 4D™ games on the CrystalCurve™ TRUE 4D™ cabinet.
Communications in private equity: a responsible approach. Private equity is no stranger to reputational issues. So it was no surprise that when the latest PE-backed retail downfall emerged at the end of the summer in the form of the US operations of Toys R Us, many pointed the finger at its financial owners.
Blockchain based ‘social proof’ start-up advised by former Direct Line COO. InsurePal, a new peer-to- peer insurer offering lower premiums for those able to gain ‘social proof’ guarantees from friends and family, is raising $18m (£15m) in an Initial Coin Offering (ICO) to fund its UK motor launch in H1 2018.
Stage Capital (“Stage”), the private equity and real estate investor backed by funds managed by Goldman Sachs Asset Management and Glendower Capital (previously Deutsche Bank Private Equity), has celebrated a successful first year of operation with the recent sale of three assets totaling over €350 million in value. In total, the firm – which spun out from NBGI in October 2016 – has now realised 84% of its invested capital since launch.
Duke Street, the mid-market private equity group, has acquired a controlling interest in TeamSport Karting, the UK’s largest indoor go-karting operator. The investment is the first for Duke Street’s new Cornerstone Fund, established in January this year with backing from Goldman Sachs Asset Management as a key step in the evolution of Duke Street’s deal-by-deal approach into a hybrid funding model. Unigestion acted as the sole institutional co-investor in the deal.