Friday, August 17, 2007

Private Equity Party Not Pooped In Europe

August 16 - Forbes - The wisest investors are sometimes those who refuse to follow the crowd, and the big guns of private equity are hoping the credit crunch hasn't put off any European buyout fans. As of Thursday, Apax Partners, Kohlberg Kravis Roberts and France's PAI are all looking for over $10 billion each to fund their future conquests of Europe.

According to data from London-based research firm Private Equity Intelligence released Thursday, Apax Partners is raising 10 billion euros ($13.4 billion) for its Europe VII fund, while former BNP Paribas subsidiary PAI partners is also looking for the same amount for its Europe V fund. These are the top two European buyout funds on the market according to target size. Read More.

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