LONDON, Oct 1- Private equity investor KKR. Other private equity firms have been active in the sector too, with Apollo leading a consortium to buy El Paso Corp's oil and gas exploration business in February. Morgan Cazenove and Simmons& Company International jointly advised First Reserve and Acteon while HSBC advised KKR.
Europe’s banking sector is ready for a shake-up as its largest financial institutions try to slim down their operations in response to the sovereign debt crisis. The NY Times repeorts.
It is the brass-tacks question every stock investor asks: What is this company really worth? But in the rarefied realm of private equity investing, the answer to that question is often hard to find, if it can be found at all, the New York Times reports.