Jennifer Harris
The debt-focussed private investment firm has raised $194 million from listing an energy fund on Goldman Sachs' private exchange. It is the fourth private equity vehicle to do so since the exchange began trading in May.
ValueAct Partners will pay a $1.1 million fine to the Federal Trade Commission for failing to comply with antitrust regulations prior to three 2005 investments.
The Founders Fund, a venture firm launched three years ago by the founders of Paypal, has raised $220 million for its first institutional fund.
The Los Angeles County Employees’ Retirement Association plans to increase its investments with emerging private equity managers and large cap funds.
The buyout firm has hired Steve Sterling of Bear Stearns for a newly created role as head of its US leveraged finance research team.
The latest Mitt Romney campaign ad makes the first mention of his time at Bain Capital and an incident in 1996 when he dispatched employees to search for the missing daughter of a partner.
Goldman Sachs Private Equity has raised $600 million for its first pan-Asian fund of funds.
Prophet Equity, founded by former Bain & Company executives Ross Gatlin and George Stelling, will take its first fund to market in early 2008 with a $250 million hard cap.
Hudson Group, which operates Hudson News stores in airports in the US and Canada, will be Advent International’s tenth investment in the travel-related business sector.
After weathering a turbulent 14-year investment period, Conduit Capital Partners has sold the last assets of its 1993 Latin Power I fund.