Jennifer Harris

Hellman & Friedman has exited its 15 percent stakes in NASDAQ Stock Market, earning a 3.3 times return on its initial investment. Silver Lake has registered to exit its stake as well.

The Halifax Group has backed the management buyout of PJ United, the largest franchisee of pizza chain Papa John’s. The deal is Halifax’s first in the restaurant sector.

NASDAQ is consolidating Goldman Sachs' GSTrUE, Bear Stearns’ Best Markets, and OPUS-5, all private exchanges, which allow private equity firms to list with less disclosure requirements.

Hellman & Friedman has exited its 15 percent stakes in NASDAQ Stock Market, earning a 3.3 times return on its initial investment. Silver Lake has registered to exit its stake as well.

Oak Hill Capital Partners looks to round out its growing aerospace portfolio with the purchase of Firth Rixson.

Oak Hill Capital Partners looks to round out its growing aerospace portfolio with the purchase of Firth Rixson.

Oak Hill Capital Partners looks to round out its growing aerospace portfolio with the purchase of Firth Rixson.

Oak Hill Capital Partners looks to round out its growing aerospace portfolio with the purchase of Firth Rixson.

Blackstone reported a $113.2 million loss in the third quarter stemming largely from IPO-related costs. However, its president, Tony James, remained sanguine about the firm’s performance and its ability to shift focus amid credit market volatility affecting LBOs.

China’s vice minister of finance reportedly said the state’s new $200 billion sovereign wealth fund will be transparent in its actions, and will not aggressively seek to acquire foreign oil companies, nor invest in airlines or telecom firms.