Amanda Janis
Amanda is the Director of Product Management for PEI, whose editorial titles include Private Equity International, Secondaries Investor, Buyouts, PE Hub, VCJ, Real Estate Capital, Private Equity Real Estate, Agri Investor, Infrastructure Investor, Private Debt Investor, Regulatory Compliance Watch and Private Funds CFO. She was previously the company's Group Managing Editor.
The Dallas-based buyout shop is set to sell US meatpacking firm Swift & Company to Latin America’s largest beef processor in a $1.4 billion transaction. HM says it began strategic discussions well before Swift suffered six major immigration raids.
The dramatic bidding war for logistics company EGL has seemingly come to a close: Apollo’s $2 billion bid – nearly 32 percent higher than the first bid made for the firm – has been board-approved, while the competing, Centerbridge-backed group was paid a $30 million break-up fee.
Equipment rental company RSC Holdings, purchased last year by Ripplewood and Oak Hill, raised $458 million in an initial public offering; the 20.3 million share offering raised less than expected, and the company’s stock has been trading below the IPO’s $22 per share price.
California venture capital firm Emergence has closed its second, online software-focused fund on $200 million.
Two former US Treasury secretaries have joined the mounting criticism of carried interest’s tax treatment. ‘[N]o one would want to defend’ GP carry tax status, Lawrence Summers said.
Dana Schmaltz and Ted Yun, two of JW Child’s most senior US-based partners, are reportedly preparing to leave the Boston firm to launch their own buyout shop.
With the closure of its second energy fund on $3.1 billion, LS Power’s 5-year old private equity arm has become one of the world’s 50 largest private equity firms.
Turnaround specialist KPS has closed its third ‘special situations’ fund on $1.2 billion, after receiving commitment requests of more than quadruple its $1 billion target.
The world’s third largest recording company, EMI, has accepted a £2.4 billion, eleventh-hour bid from UK private equity firm Terra Firma.
The Blackstone Group has set a price range for its public offering, which has the potential to raise up to $4.8 billion; following news that the firm will sell a $3 billion stake to the Chinese government, it means Blackstone is set to raise nearly $8 billion by selling shares of its management company.