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 UK's plan to raise taxes for the highest earners may cause investors to seek more favourable tax climates, such as Switzerland, Ireland and the Middle East, says BVCA chief executive Simon Walker. The UK's plans would see the highest earners pay almost 60 percent of their income in taxes.
The oldest buyout firm in France will go to market in January to raise the successor to its €150m small-cap fund raised in 2006. Meanwhile, its latest mid-market fund, reportedly targeting €1.2bn, will close before the end of the year.
A trio of sovereign wealth funds is in negotiations to take a stake in the UK-based private equity firm, in a move that could value the company at around £1.5bn.