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Permira Advisers LLP

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City Spy: UBS and a curious way to recruit staff

20.09.11
A well-connected City Spy reader gets in touch about the UBS scandal and alleged rogue trader Kweku Adoboli. "Perhaps people are looking the wrong way for who caused UBS's losses," he says... more

SVG's punt on Chinese casinos proves a winner

02.09.11
SVG Capital, which invests in private-equity firm Permira's deals, has cashed in winnings after Permira more than doubled its money with a hugely successful punt on the Chinese gambling market ... more

Hugo Boss boosts British owners

12.08.11
Big rises in the valuations of Hugo Boss and Asian gambling group Galaxy Entertainment drove a 25 per cent jump in SVG Capital's asset value in the first six months of the year... more

City Spy: Blanchflower is in a rage over IMF

09.06.11
Clearly stung by the IMF's decision to back George Osborne's economic plans and his refusal to adopt Plan B on the deficit, David "Danny" Blanchflower is on the offensive... more

New Look's float will be in dry dock for a good while

09.06.11
Alittle over a year ago, I dissed the plans for a £1.7 billion flotation of New Look on the highly scientific grounds of where my teenage daughters liked to use my credit card. They preferred Primark at one end of Oxford Street and Top Shop at the other... more

Founder Tom Singh back in charge at New Look

21.03.11
Tom Singh takes back management control of his New Look fashion empire, ousting the chief executive and chairman and moving himself into the top job... more

Owners cut New Look's value in half

14.02.11
Fashion chain New Look's value is slashed by almost half by its private-equity backers after it failed to float with a £1.7 billion price tag 12 months ago... more

HMV surges on talk that a break up could be in the offing

04.02.11
Takeover talk provides a welcome fillip for HMV, sending shares in the struggling entertainment chain surging 13%... more

Permira and KKR to sell German shares

13.01.11
Private equity firms Permira and KKR are planning to sell eight million of their non-voting preferred shares in German broadcaster ProSiebenSat1 — nearly 4% of the business... more

SVG on a surge as its stakes stage a rally

28.10.10
Private-equity investment vehicle SVG Capital reports a 19% surge in asset value over the past three months... more

Stagecoach back on London buses in £52.8m deal

15.10.10
East London Bus Group buckles under the weight of its debt and collapses into administration, to be bought immediately by its one-time owner Stagecoach... more

Birds Eye snaps up Unilever Italy arm

19.07.10
Unilever is selling its Italian frozen food arm to Permira’s Birds Eye Iglo for €805 million (£680 million)... more

Private equity faced with problems aplenty

13.05.10
City Comment: You could be forgiven for not noticing that Guy Hands has been desperate to raise extra capital to keep EMI out of the clutches of its bankers... more

Hugo Boss predicts growth with sales rising again

29.04.10
Hugo Boss forecasts higher earnings in the second half after fashion buyers were cautious in their orders for its spring/summer collection... more

SVG Capital shoots up as private equity gains confidence

04.03.10
SVG Capital, the biggest investor in private-equity giant Permira’s funds, sees its shares jump almost 10%... more

Gala Coral in £175m debts deal

16.02.10
Lenders to bingo and bookmaking group Gala Coral have made plans to put £175 million into the troubled firm... more

Former Co-op boss Sir Mervyn Pedelty dies

28.01.10
Sir Mervyn Pedelty, former chief executive of Co-op Financial Sevices, and a non-executive director of insurance groups Hiscox and Resolution has died at the age of 61... more

SVG predicts improvements in selling stock

16.11.09
SVG Capital, the stock market listed way into private equity giant Permira, today said that it expects conditions for selling on companies or floating their shares to improve particularly among its more mature and defensive investments ... more

Permira grabs insurer for £226 million after delay

25.09.09
A rare deal emerged from the frozen wastelands of the private-equity industry today as Permira struck a £225.5 million deal to buy life insurer Just Retirement after nearly a year of negotiations ... more

AA and Birds Eye "could go up for sale"

28.08.09
The private-equity market is expected to be dead for the next year or so but one of the first big deals to come on to the market could be the giant AA-Saga Group combine ... more

Vedanta slides as S&P gets cold feet over debt burden

26.06.09
London-listed Indian mining group Vedanta's huge debt mountain threatened to cast a long-term shadow over its expansion plans as credit rating agency Standard & Poor's said it had placed the group on its CreditWatch list with "negative implications"... more

Britvic loses its sparkle as shareholder dumps 14%

27.05.09
Shares in soft drinks supplier Britvic slumped 15p to 275½p after its biggest shareholder was forced to dump almost 14% of the company, worth £80.1 million, in the market place... more

Permira boss warns amid writedowns

28.04.09
Private-equity boss Damon Buffini has warned there may be "worse to come" before the economy recovers... more

Pies with less pastry in canteen health drive

20.02.09
Canteens in public buildings from council offices to schools may be ordered to serve healthier food... more

SVG taps up investors as private-equity crisis bites

18.12.08
Finance: SVG Capital, the listed private-equity fund that backs Permira, went cap in hand to shareholders for funds, and warned the value of its investments have plunged 40% in the last six months... more

Naked truth on private equity pain

08.12.08
It is ironic that Permira, the private-equity house, should be having such a rough time with its latest fund, Permira lV... more

Recession silver lining for some

14.11.08
IN a week when one of our largest charities, the Wellcome Foundation, has invited bids for its £3.8 billion (£2.6 billion) private-equity portfolio, when the American giant KKR - the original barbarian at the gate - sold a large chunk of its own portfolio at a discount and both Carlyle in the US and Permira, one of the biggest British houses, sent a message to potential investors offering help should they struggle to meet their funding commitments, it becomes pretty obvious the stresses of the credit crunch are biting in this sector too. ... more

Bookie fear as US buyout firm targets Gala Coral

20.10.08
Gambling: Aggressive US buyout firm Apollo Management has built up a position in Gala Coral from which it may force a takeover... more

Don't laugh, but the fat cats are going hungry

07.04.08
Wherever I go in the City at the moment, I'm meeting people in a daze... more


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