Toby Mitchenall
Toby Mitchenall is the Senior Editor for private equity at PEI Media. He is responsible for and regular contributor to the private equity coverage across Private Equity International, Secondaries Investor and private funds management and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
The Terra Firma founder described a City environment in which confidentiality agreements were treated ‘with realism’ on the second day of the resurrected EMI case.
The Terra Firma founder and chairman will give evidence in a London High Court today in the firm’s case against Citigroup.
Terra Firma returns to court today seeking damages of more than £1.5bn from former banking partner Citi.
The London-listed group grew revenues 38% last year.
Private equity investors are looking for a more hefty commitment from managers into their own funds. Some GPs have always been ahead of the game, while others are starting to realise that 1% just won’t cut it anymore.
Some managers have taken the lead by super-sizing the GP commitment to their own funds and giving fundraising efforts a significant boost.
Guy Hands’ firm has given itself the option of appealing the decision that saw it lose to Citi in December.
The $18bn gatekeeper has hired Eric Warner to spearhead its IR, as it nears a first close on its debut ‘real assets’ fund.
The global alternatives giant has replaced Makram Azar as its MENA head with Citigroup veteran Kaveh Samie.
The average equity contribution to UK buyouts this year was 68.1% of the deal value: the highest proportion on record.