Sam Sutton
Party City’s $2.69bn recapitalisation translates into a 65% stake for THL. Advent International, Berkshire Partners, Weston Presidio and management will retain a 35% stake.
The Ontario Teachers’ Pension Plan, Providence Equity Partners and Madison Dearborn Partners combined to contribute C$420m in equity for Canadian data centre Q9 Networks.
Former Ontario Teachers’ head of private equity Erol Uzumeri explored the differences between his experiences as an LP and a GP at the Dow Jones conference Friday.
The $153bn retirement system may set a $500m maximum on individually managed accounts, according to an investment policy proposal.
Rio Bravo has managed to close its Energia I fund without giving up seats on its investment committee to the Brazilian pension LPs.
Back in 2007, Cadum was a well-known French personal care company with a long heritage but a crippling lack of infrastructure. Enter mid-market specialist Milestone Capital… By Sam Sutton
KKR’s second Asian Fund received $225m from the Oregon Investment Council Wednesday. The firm will take minority and controlling stakes in companies based in emerging and developed Asia.
The Gores Group has shut down its $1bn deal for autoparts retailer Pep Boys nearly four months after announcing the acquisition.
Recent US Securities and Exchange Commission filings indicate the firm, led by Glenn August (pictured) has raised $770m as it shoots for a newly-increased $1bn target.
After acquiring a $5.8m fund stake from another investor and assuming $14.2m in uncalled commitments, New Jersey’s Division of Investment now has a 15.5% stake in Tenex’s debut vehicle.