| Two former senior dealmakers at London-based buyout group Permira have re-emerged on the private equity scene without a fund to invest. Instead, they will be adopting a deal-by-deal model that many in the industry are increasingly turning to.
The partners will not be trying to raise a traditional buyout fund, they said, but rather tap a handful of sovereign wealth funds and high net worth individuals for every deal they find. They are entering formal talks with two sovereign wealth funds to sell a minority stake in their company, in a move to tighten the ties with the investors, they told the Financial Times...............................................Full Article: Source
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