Amanda is the Director of Product Management for PEI, whose editorial titles include Private Equity International, Secondaries Investor, Buyouts, PE Hub, VCJ, Real Estate Capital, Private Equity Real Estate, Agri Investor, Infrastructure Investor, Private Debt Investor, Regulatory Compliance Watch and Private Funds CFO. She was previously the company's Group Managing Editor.
The Carlyle Group and Welsh Carson have agreed to sell USIS, a provider of “pre-employment screening solutions”, to Providence Equity Partners for $1.5 billion.
1 min read · 04 January 2013
Apollo has upped its bid for EGL in response to an increased offer from a rival consortium led by EGL’s founder and chief executive, and backed by Centerbridge and Woodbridge. Apollo has already sweetened its offer on four previous occasions – and sued EGL, its founder and key executives – in its fight for the transport and logistics firm.
1 min read · 04 January 2013
Dana Schmaltz and Ted Yun, two of JW Child’s most senior US-based partners, are reportedly preparing to leave the Boston firm to launch their own buyout shop.
1 min read · 04 January 2013
With the closure of its second energy fund on $3.1 billion, LS Power’s 5-year old private equity arm has become one of the world’s 50 largest private equity firms.
1 min read · 04 January 2013
The United Auto Workers union has reversed its opposition to the Chrysler sale, saying the $7.4 billion Cerberus-led buyout is in its members’ and the company’s best interests. The endorsement is a coup for the private equity industry, currently under fire from US and European labour unions.
2 min read · 04 January 2013
Buffalo, New York-based Summer Street has closed its second fund on $187 million, exceeding its target by $37 million.
1 min read · 04 January 2013
US middle market firm Nautic Capital has agreed to pay C$140 million for Canada Cartage Diversified Income Fund, amid a change to Canada’s tax laws.
2 min read · 04 January 2013
US mobile phone service provider MetroPCS has raised $1.15 billion in its initial public offering – the largest amount raised so far by a US IPO this year and an exit for which some of its investors waited more than a decade.
2 min read · 04 January 2013
Sun Capital’s recently established Japanese affiliate has completed its first deal with the acquisition of “Fruit Jelly” snack maker Tarami.
1 min read · 04 January 2013
Fortress has completed a $2.84 billion closing on its latest fund with a $5 billion target. The publicly traded alternative investment firm simultaneously announced a $3.5 billion deal.
2 min read · 04 January 2013