IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
Read more
Airport control
US private equity giant Carlyle are to take control of Southend airport in the south of England.
The deal involves LSE-listed aviation group Esken – owners of Southend – settling a debt of £193.75 million, after Carlyle claimed Esken had broken the terms of a £125 million loan. The turbulence has now subsided, with Southend set to operate under 82.5% control of the Carlyle Global Infrastructure Fund with Esken retaining a 17.5% stake. It certainly puts a new spin on ‘airport control’. Carlyle will be hoping that the sky’s the limit under its new ownership.
Get notified for IPEM Paris 2024 on September 9-11 at the Palais des Congrès
Over 6,000 delegates from 2,000 firms, including 1,000 LPs and 700 GPs, will be there, don’t miss the opportunity to connect with them!
Become part of the IPEM Community
We help foster and engage the Private Capital community internationally through our live and digital events. Join thousands of your peers and enjoy new connections!
Highlights
Follow us
Latest News
IPEM Cannes | Wealth 2025: Bridging the Gap to Private Wealth
Every January, Europe’s private markets industry looks forward to celebrating three fun-packed days of networking, deal discussions, and sharing views on industry trends at IPEM Cannes. The 2025 edition –…