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 latest draft of the EU’s Directive on Alternative Investment Fund Managers Directive would apply to private equity and venture managers both large and small.
The MENASA-focused firm will use the new capital to seed new funds and possibly acquire an Asia-focused rival.
The firm’s funding structure, whereby LPs commit to a private equity programme on an annual basis, may be restructured in the wake of Jon Moulton’s departure.
Despite 3i’s reduced debt levels and £2bn in dry powder, the market is showing concern that the value of its portfolio has not grown in line with markets in the last six months.
More than 100 participants from the private equity industry spent Friday digging, building and painting as part of a Private Equity Foundation volunteer day in London’s East End.
Michael Green, a former member of the Cerberus investment committee, is leading a six-strong team at Tenex Capital Management.
The New York-based firm’s subsidiary – Russia Partners – has bought a 3.3% stake in MDM Bank.
Limited partners who discourage GPs from making investments should be sued, the founder of Siguler Guff told delegates at this week’s The Emerging Markets Private Equity Forum in London.
The CIO of the £13bn Wellcome Trust will advise the UK government on the ‘unintended consequences’ of the proposed Directive.
The Paris-based buyout firm has offered LPs a larger cut in the size of their commitments to Fund V.