David Snow

The New York alternatives giant has raised roughly $30bn over the past 12 months, approximately half of the roughly $63bn it has raised in its 20 years in business. However, the firm’s total assets under management are dwarfed by major traditional asset management companies.

GPs are reporting an increased tension between private equity firms and their auditors as fair-value pressure builds. By David Snow.

Three US energy private equity firms – First Reserve, LS Power Group and Energy Capital – are drawing commitments totaling roughly $13bn for energy and power investment, as LP interest in the strategy surges.

Spanish-language US media leader Univision Communications and a private equity consortium—including a firm led by the executive producer of the “Power Rangers” television series—announced a landmark $13.7bn acquisition of the publicly traded media giant.

Lion Capital, the former European arm of Hicks Muse Tate & Furst, today announced a deal to acquire New Jersey-based American Safety Razor from buyout firm JW Childs.

Justin Huscher, who in 2004 quietly stepped down from his position as managing director at Chicago-based Madison Dearborn Partners, has paid more than $108,000 to the SEC to settle charges of insider trading.

The buyout giant, currently in the market with its 2006 Fund, has set a ceiling for the vehicle that, if reached, will put KKR in the same size stratosphere as Blackstone and Texas Pacific.

The increasingly global buyout firm is evaluating setting out to raise as much as $2bn next year, according to sources.

EdgeStone Capital, one of the largest private equity firms in Canada, has been acquired by a Canadian financial services firm, GMP, which is listed as an income trust on the Toronto Stock Exchange.

The New York buyout firm today announced a substantial minority investment in the beauty-supplies division of publicly traded Alberto-Culver Company. The new company will be spun out as a public company listed on the New York Stock Exchange.