Posts Tagged ‘

damon buffini

Buffini to step down as Permira chair

Damon Buffini intends to step down as chairman of UK buyout group Permira to work on its troubled portfolio of companies and to search for fresh deals. The decision, announced at Permira’s annual investor meeting on Thursday, More…

UK’s Buffini to take Permira chair

Damon Buffini, regarded as the public face of UK private equity, is to move away from day-to-day management of Permira, one of Europe’s biggest private equity firms, to become chairman. The move, to be announced Tuesday, More…

Hands defends low tax on UK buy-outs

Guy Hands, one of the UK’s best-known private equity practitioners, has strongly defended the tax regime that enables some top UK buy-out executives to pay just 10 per cent in tax after a series of attacks on “taper relief” provisions in the existing tax structure. More…

FT Special on Private Equity

Scarcely a day passes without news of a bid, a fundraising exercise or a high profile CEO joining a private equity house. But private equity’s activities run far deeper and wider in the world economy and this activity has come at a price, More…

Permira chief faces union demands

Union leaders at the GMB will call for better pay and a recruitment drive at AA, the vehicle breakdown organisation, on Monday when they finally meet Damon Buffini, the Permira managing partner, for peace talks proposed by Mr Buffini at the height of the union’s anti-private equity campaign last month, More…

Permira to hire spin doctor

Besieged private equity house Permira is close to appointing its first ever internal spin doctor as it continues to suffer attacks from politicians and trade unions alike, reports the Telegraph. Permira, More…

Buffini — from poster boy to lightning rod

How did it happen? One minute Damon Buffini, managing partner of Permira was the “acceptable face of capitalism at its most ferocious,” as the London Standard’s Chris Blackhurst recently put it, a bright, More…

Permira pledges new mood of openness

Europe’s biggest private equity group on Thursday night pledged to provide more information about the high-profile companies it owns, in response to a barrage of trade union criticism in Britain. In a rare interview, More…

Private equity boss seeks union meeting

Damon Buffini, Permira managing partner, on Tuesday night attempted to quell a union campaign intent on vilifying the private equity industry by requesting a meeting with the general secretary of the GMB. More…