James Taylor
Orlando Italy, an offshoot of the German turnaround specialist set to close a debut €200 million fund, has bought troubled Italian sports label Sergio Tacchini.
CapMan has held at first close at €110 million for its CapMan Technology 2007 fund, which will invest in expansion and later stage technology companies in the Nordic region.
Goldman Sachs’ private equity arm has reportedly almost doubled the target for its latest fund to $19 billion, which would make it one of the world’s biggest buyout funds.
The acquisitions of Deutsch and Materis proved a boon for Wendel Investissement, which saw revenues increase by 11 percent in 2006 thanks to strong portfolio performance.
The Carlyle Group is selling its remaining 10.3 percent stake in UK defence group QinetiQ, bringing to an end a successful, if controversial, investment.
Some of the world’s biggest alternative asset managers will be watching with interest tomorrow when Fortress Investment Group becomes the first US hedge fund and private equity group to float on the stock exchange tomorrow.
The Blackstone Group yesterday sealed a hard-fought victory in the $40 billion battle for Equity Office Properties. Now its thoughts will turn to making sure its investment bears fruit, writes James Taylor.
US group Bain Capital has agreed a $3.5 billion deal for South African retailer Edgars Consolidated Stores, the largest buyout ever recorded in the country.
The Carlyle Group is selling its remaining 10.3 percent stake in UK defence group QinetiQ, bringing to an end a successful, if controversial, investment.
Some of the world’s biggest alternative asset managers will be watching with interest tomorrow when Fortress Investment Group becomes the first US hedge fund and private equity group to float on the stock exchange tomorrow.