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 United Auto Workers union has reversed its opposition to the Chrysler sale, saying the $7.4 billion Cerberus-led buyout is in its members’ and the company’s best interests. The endorsement is a coup for the private equity industry, currently under fire from US and European labour unions.
The Thomson Corporation has agreed to sell the higher education assets from its Thomson Learning division to Apax and OMERS for $7.75 billion. The transaction includes Canadian educational materials provider Nelson Canada, in which OMERS will have majority ownership.
US alternative asset manager Oaktree Capital is to list 13 percent of itself on a private market being developed by investment bank Goldman Sachs.
US regional wireless carrier Alltel is reportedly in meetings with at least three groupings of major private equity firms: Blackstone and Providence, TPG and Goldman Sachs, and Carlyle and KKR.
Buffalo, New York-based Summer Street has closed its second fund on $187 million, exceeding its target by $37 million.
US middle market firm Nautic Capital has agreed to pay C$140 million for Canada Cartage Diversified Income Fund, amid a change to Canada’s tax laws.
Fortress has completed a $2.84 billion closing on its latest fund with a $5 billion target. The publicly traded alternative investment firm simultaneously announced a $3.5 billion deal.
Monte Brem, the former president of gatekeeper Pacific Corporate Group, has founded a competing firm in California with two other ex-PCG executives.
Anne Gordon has resigned as managing editor of The Philadelphia Inquirer to join New York private equity firm Dubilier & Co.
Clear Channel’s board has rejected a 0.5 percent higher bid for the media giant from TH Lee and Bain Capital, saying it would delay next week’s shareholder vote on the buyout. Two weeks ago, the private equity firms upped their bid by 4 percent and had said that was their ‘best and final offer’.