Jennifer Harris
Tom Gores’ Platinum Equity will add to its already substantial telecom portfolio with the acquisition of Covad Communications.
Lehman Brothers is following the example of Golman Sachs, KKR and others in launching a fund that will pick up deal-related debt at a discount.
The private equity firm is the latest to invest in the growing fund of hedge funds industry.
AIG Highstar Capital’s third fund is four times the size of its predecessor, as investor interest in infrastructure continues to rise.
In the third auto parts buyout in two weeks, Norwest Equity Partners has sold Imperial Supplies to American Capital Strategies for $112 million in equity and debt.
Vestar Capital Partners will acquire cancer treatment chain Radiation Therapy Services in a $1.1 billion deal. It is the firm’s first healthcare acquisition since hiring former Bain & Company healthcare pro Anil Shrivastava.
The Princeton University endowment returned 24.7 percent for the fiscal year 2006-2007, increasing its assets from $13 billion to $15.8 billion. The US endowment allocates 15 percent of its portfolio to private equity funds.
In the third auto parts buyout in two weeks, Norwest Equity Partners has sold Imperial Supplies to American Capital Strategies for $112 million in equity and debt.
Vestar Capital Partners will acquire cancer treatment chain Radiation Therapy Services in a $1.1 billion deal. It is the firm’s first healthcare acquisition since hiring former Bain & Company healthcare pro Anil Shrivastava.
The Princeton University endowment returned 24.7 percent for the fiscal year 2006-2007, increasing its assets from $13 billion to $15.8 billion. The US endowment allocates 15 percent of its portfolio to private equity funds.