Wednesday, April 18

PE Awards

I am in my penguin suit (Eitan assembles my bow-tie with complete confidence) to attend the annual RealDeals Private Equity Awards 2012 in Mayfair. About a thousand of us fill the Grand Ballroom at the Hilton Park Lane.  Astorg is up for "Fundraising of the Year" which goes, instead, to BC Partners who raises €6.5 billion to our €1 billion.

Joining my table, along with a number of Astorg investors, is Justin who notes that Natalie's first deal with GMT Communications, a London buyout firm, was BigPoint, which is up for the "Dach Deal of the Year" award. When sold in 2011, BigPoint produced GMT's highest return of any investment the firm made during its 17-year history. Mind you, Natalie had been a partner for less than one year when she convinced her colleagues to do it. Midas touch.

Otherwise at home the kids use their after-school time to bake Martin and Helen a thank-you cake for the trampoline, which the Shakespeares not only use but now invite their cohorts to join along with them. Soon Madeleine may get the idea to sell tickets. It's coming.