European private equity performance showed positive returns across all investment categories for the twenty year investment horizon for the period ending December 31, 2011, according to Thomson Reuters European Private Equity Performance Index (PEPI).

Blackstone, BC Partners and PAI are into the second round of Permira’s auction of Europe’s biggest frozen food company, but Bain and Clayton Dubilier & Rice did not make the cut, Reuters reports.

SVG Capital says the tough economic climate means the timing of any future payouts to its investors will be hard predict

PE firm Permira is getting ready to unload its frozen foods unit, Reuters reports.

As you take a break with your coffee this morning, FirstRead reveals Cisco’s $5b offer for NDS, a PE mission for a South Korean missile maker and a contender for the new kids’ Facebook.

NDS, a software developer for multi-channel television networks, is mulling an acquisition by Cisco Systems for $5 billion, Israel’s Calcalist financial newspaper reported on Thursday, writes Reuters. Founded in Israel in 1988 and headquartered in London, NDS is 51 percent owned by the Permira and 49 percent by News Corp. Reuters – NDS, which develops [...]

Casino operator Galaxy Entertainment Group saw its 2011 net profit rise three fold, writes Reuters. Galaxy, about 13 percent owned by European private equity firm Permira, reported a full-year net profit of HK$3.0 billion, compared with a forecast of HK$3.3 billion from Thomson Starmine. Reuters – Casino operator Galaxy Entertainment Group Ltd said on Thursday [...]

Genesys, a provider of customer service and contact center software, has appointed a new board including executives from Genesys, Permira, Technology Crossover Ventures, and Banneker Partners. The board members are Paul Segre, Genesys, who has been a senior executive at the company since 2002; Tom Lister, co-managing partner, and Brian Ruder, partner, from Permira; Jake [...]

LBO volume for 2011 inched up close to 2004 levels as private equity firms took advantage of lower margins and slightly looser lending conditions, according to data from Thomson Reuters LPC. Zygmunt Solorz-Zak‘s acquisition of Polish mobile firm Polkomtel took the lion’s share of the LBO volume in 2011, accounting for almost 10% of the [...]

A Permira portfolio company has completed the acquisition of Genesys, a global specilaist in contact center technology software, from Alcatel-Lucent. Technology Crossover Ventures and certain co-investors of the Permira funds also participated in the transaction. The transaction values the company at USD$1.5 billion. Genesys is headquartered in Daly City, CA. PRESS RELEASE Permira, the European [...]