Amanda Janis
According to the PEI 50, a new league table from Private Equity International magazine, as many of the largest 50 firms in the world are based in London as in New York.
America’s largest labour union has sent out email blasts and established blogs pertaining to private equity deals it finds troubling – the action follows last week’s issuance of a buyout report and launch of an associated website.
US private equity firm TPG is exploring the possible sale of a minority stake in the firm to major state pension funds.
Puerto Rico-based financial services firm Doral Financial has said it needs a cash infusion of $700 million to $800 million and is in ‘active negotiations’ with an unnamed private equity firm.
Investment bank Challenger Capital Group has merged with Foxbridge Partners, a middle market private equity firm established last year.
Sun Capital’s recently established Japanese affiliate has completed its first deal with the acquisition of “Fruit Jelly” snack maker Tarami.
Sun Capital’s recently established Japanese affiliate has completed its first deal with the acquisition of “Fruit Jelly” snack maker Tarami.
Energy-focused Natural Gas Partners is set to acquire the power production and development businesses of MDU Resources Group for $636 million.
Oak Hill Capital has placed a $1.4 billion order for six Boeing 777 freight planes, which the Robert Bass-led firm will then lease. The planes will add to the firm’s existing portfolio of 25 passenger aircraft.
Audio equipment maker Harman International Industries has agreed to be acquired by KKR and GSCP for $8 billion.