Sam Sutton
Longtime Sankaty LP University of Michigan has committed $40m to the Bain credit affiliate’s latest offering, which is targeting $3.5bn.
Even though cutting costs can improve portfolio company performance, doing so without consideration of product quality can damage a business’s reputation.
The Wilbur Ross-led firm acquired a majority stake in seaborne transportation company Navigator Holdings in a deal approved by the Southern District of New York’s bankruptcy court.
The Bradley Cooper and Robert Spass-led Capital Z Partners has set a $400m target for Fund V.
A follow-up hearing on CalPERS’ and CalSTRS’ efforts around emerging manager programmes that will be led by California State Senators Curren Price and Gloria Negrete McLeod has been rescheduled for January, 2013.
The Los Angeles County Employees Retirement System previously committed to Nordic Capital’s seventh fund, which has already completed at least 12 portfolio acquisitions.
The private equity affiliate of Brazil's Banco Itaú raised parallel structures to avoid giving Brazilian institutional investors the power to veto deals.
Former PricewaterhouseCoopers CEO Jim Schiro has been appointed to CVC's advisory board as the firm sets out to deploy $6bn in uninvested capital.
Thursday night’s Vice Presidential debate included a pointed reference to carried interest’s tax treatment, which Vice President Joe Biden referred to as a loophole.
Private equity executives’ emails are being used as evidence that some of the world’s most prominent firms allegedly colluded on mega-buyouts between 2003 and 2007, in an effort to drive down prices and limit competition.