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EQT V and GIC agree to sell Springer Science+Business Media to BC Partners

6/19/2013 3:00 AM EST  -   EQT Holding AB

· Total enterprise value of around EUR 3.3 billion including a performance-related component
· Closing expected August 2013

EQT V and GIC Special Investments Pte Ltd, the private equity arm of the Government of Singapore Investment Corporation Pte Ltd (GIC), today announced that they have agreed to sell Springer Science+Business Media (Springer), a leading global scientific, technical and medical (STM)...

Altor and Bain Capital submit offer to Cermaq ASA for EWOS

6/17/2013 2:00 AM EST  -   Altor
Altor Fund III GP Limited (“Altor”) and Bain Capital Europe, LLP (collectively, “Bain Capital”), have submitted an offer to Cermaq ASA for EWOS, valuing the business at NOK 6.2 billion (Enterprise Value), with the intent to sign definitive agreements by mid-July.
Altor and Bain Capital have followed the aquaculture industry for several years, and see great potential in working with EWOS’ management team to...

Altor and Bain Capital submit offer to Cermaq ASA for EWOS

6/17/2013 1:59 AM EST  -   Altor
Altor Fund III GP Limited (“Altor”) and Bain Capital Europe, LLP (collectively, “Bain Capital”), have submitted an offer to Cermaq ASA for EWOS, valuing the business at NOK 6.2 billion (Enterprise Value), with the intent to sign definitive agreements by mid-July.
Altor and Bain Capital have followed the aquaculture industry for several years, and see great potential in working with EWOS’ management team to...

Elixia, SATS, and Fresh Fitness to be combined into the largest Nordic health an...

6/14/2013 4:08 AM EST  -   Altor
TryghedsGruppen and Altor have joined forces by bringing together the strongest and most respected brands in Nordic fitness. The merger of SATS, Elixia and Fresh Fitness will strengthen the companies’ offering and geographical coverage. Altor Fund III and the Elixia shareholders will own 51% of shares in the combined entity, and TryghedsGruppen will own 49%.
The new group will have more than 2,000 employees,...
BTS Funds
 

BTS TACTICAL FIXED INCOME FUND LLC CONVERTS TO MUTUAL FUND

6/11/2013 4:33 PM EST  -   BTS Asset Management
Tactical Allocation Bond Investment Approach Offers Investors Access and Liquidity to a Hedge Fund Strategy
BTS Asset Management announced today the conversion of the BTS Tactical Fixed Income Fund LLC from a hedge fund to a 1940 Act mutual fund. The BTS Tactical Fixed Income Fund (NASDAQ: BTFAX, BTFCX) has a goal to maximize total return and seeks to deliver equity-like returns...

AP2 Women’s Index 2013

6/11/2013 3:00 AM EST  -   Andra AP-fonden
AP2 Women’s Index 2013: The number of women on corporate boards has declined for the second year in succession, although the number in executive management positions continues to grow. The 2013 edition of AP2’s Women’s Index reveals that the number of women on corporate boards has declined since 2011 and, according to this latest report, account for only 22.3 per cent. However, the number of women in executive...

Montagu Private Equity to sell Hansen Protection to Funds managed by IK Investme...

6/6/2013 7:58 AM EST  -   IK Investment Partners
Montagu Private Equity (“Montagu”), the European private equity firm, today announced that it has reached an agreement to sell Hansen Protection (“the Company”) to Funds managed by pan-European private equity firm IK Investment Partners (“IK”). Hansen Protection is a leading provider of specialist survival suits for extreme weather conditions and sole provider of rental transport suits to energy companies in the...

Leuthold Global Fund Reaches Five-Year Milestone

6/5/2013 11:50 AM EST  -   The Lowe Group
Q&A with Chief Investment Officer Doug Ramsey and Matthew Paschke, Co-Portfolio Managers of the Leuthold Global Fund
On April 30, 2013, the institutional share class of The Leuthold Group’s global tactical asset allocation fund, the Leuthold Global Fund (NASDAQ: GLBIX), marked its five-year anniversary. The Global Fund pursues market-beating returns with substantially less risk. Over the five-year period ending...

Solid Growth for EQT Portfolio in 2012

6/4/2013 2:30 AM EST  -   EQT Holding AB

· EQT portfolio companies saw steady growth in 2012 despite weak economic climate
· Sales grew by 11% on average and EBITDA improved by 10%
· In 2012, EQT funds distributed EUR 2.1 billion to its investors

In 2012, sales of EQT’s 49 portfolio companies increased on average by 11% compared to 2011 and EBITDA increased by an average of 10%. By the end of 2012, the number of employees stood at more than 550,000....

EQT establishes new structure with Investor as long-term partner

6/4/2013 2:19 AM EST  -   Investor
EQT has established a new corporate structure, which will bring operations, fund administration and investments in general partners together under EQT Holdings AB. The new structure will facilitate growth as well as increase transparency and secure a solid, long-term financial platform.

Investor will ultimately swap its 31 percent stake in EQT Partners AB for a 19 percent ownership stake in the new EQT Holdings AB....