Jennifer Harris
Hellman & Friedman’s $2.65 billion pending purchase of air conditioning maker Goodman Global is the firm’s third investment since closing its $8.4 billion buyout fund in May.
The Global Emerging Markets Group has agreed to acquire a 49 percent stake in a coking coal reserve in Inner Mongolia. The deal is GEM’s second direct private equity investment in the country.
First Reserve has committed $300 million to a joint venture with former OMI chief executive Craig Stevenson, formed to pursue energy-related shipping investments.
Bear Stearns and Chinese investment firm CITIC will each acquire a 6 percent stake in one another, as well as pool resources and jointly develop private equity and venture capital products for the Asian market.
Hellman & Friedman’s $2.65 billion pending purchase of air conditioning maker Goodman Global is the firm’s third investment since closing its $8.4 billion buyout fund in May.
Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.
First Reserve has committed $300 million to a joint venture with former OMI chief executive Craig Stevenson, formed to pursue energy-related shipping investments.
The Gores Group will acquire Tyco’s power systems division for $100 million, as the struggling electronics company continues to sell off assets.
The Global Emerging Markets Group has agreed to acquire a 49 percent stake in a coking coal reserve in Inner Mongolia. The deal is GEM’s second direct private equity investment in the country.
Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.