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Week commencing 05/11/12

So CVC Capital Partners chairman Michael Smith has said he will step down in January on the eve of the buyout firm's next major fundraising push, targeting up to 11 billion euros (US$14 billion), according to reports in Reuters and Bloomberg.

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Found more than 1 month ago on channel Asia Asset Management

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Hedge Funds, Goldman Strike Nine Deal

Nine Entertainment was dragged from the brink of insolvency after lenders agreed a multibillion-dollar debt restructure, a move that also handed CVC Capital Partners the largest loss for a private-equity company on a single transaction in the Asia-Pacific region.

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Found more than 1 month ago on channel Wall Street Journal

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