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 mid-market firm has further divested its stake in UK storage company Safestore. The investment has now generated 4x Bridgepoint’s invested capital.
Senior figures from the fund of funds industry say that consolidation in the sector is inevitable.
Bruce Barclay, a London-based dealmaker-turned-fundraiser, will leave the global firm and be replaced by Carlyle’s Robert Brown.
In an exclusive interview, Poul Nyrup Rasmussen, president of the Party of European Socialists and ‘bogeyman’ to the private equity industry recently told Toby Mitchenall why he still sees the asset class as a destructive force.
Listed investor Candover Investments has reported encouraging interim results, while its subsidiary private equity firm, Candover Partners, is ‘exploring options to rebuild investment capacity’.
Poul Nyrup Rasmussen, head of the Party of European Socialists, exclusively tells sister publication PEI why he still sees the asset class as a destructive force.
Some view the fund of funds market as being ripe for consolidation, but an M&A frenzy has yet to kick off, writes Toby Mitchenall.
Poul Nyrup Rasmussen, a driving force behind Europe’s Alternative Investment Fund Managers directive and the former prime minister of Denmark, rejects criticism the AIFM regulations were drawn up to quickly and questions why LPs invest in ‘risky’ alternative funds in the first place. Interviewed by Toby Mitchenall. PERE March 2010 issue
The global private equity investor has changed hands for the second time in six years.
The firm has capped off a lengthy restructuring process with the creation of two new roles, including installing Kit Tuke as head of debt.