‘Hound of Hades’ private equity firm pursues Aldermore Banking Private equity firm Cerberus has teamed up with Warburg Pincus on a joint bid for alternative lender Aldermore, City AM can reveal, in a sale process that could value the company at more than £1.4bn. The US private equity firm, named after the Hound of Hades, a three-headed dog that guards the gates of the [...]
Evelyn Partners private equity owner plots £1.5bn sale Investment The majority owner of Evelyn Partners, private equity firm Permira, is looking to offload its £1.5bn stake in the business.