Amanda Janis

Oak Hill augments aviation assets(2)

Oak Hill Capital has placed a $1.4 billion order for six Boeing 777 freight planes, which the Robert Bass-led firm will then lease. The planes will add to the firm’s existing portfolio of 25 passenger aircraft.

Cerberus-backed group increases Affiliated bid(2)

A Cerberus-backed bid for IT outsourcing firm Affiliated Computer Services has been raised nearly 5 percent – after its board’s rejected the investors’ request to enter into exclusive negotiations.

Dubilier & Co. hires journalist(2)

Anne Gordon has resigned as managing editor of The Philadelphia Inquirer to join New York private equity firm Dubilier & Co.

Fortress in $2.4bn transport deal(2)

Fortress Investment will pay $2.4bn to acquire Interpool, a provider of global shipping equipment and services.

KKR, Goldman in $8bn audio deal(2)

Audio equipment maker Harman International Industries has agreed to be acquired by KKR and GSCP for $8 billion.

Sweetened bid for Clear Channel rejected(2)

Clear Channel’s board has rejected a 0.5 percent higher bid for the media giant from TH Lee and Bain Capital, saying it would delay next week’s shareholder vote on the buyout. Two weeks ago, the private equity firms upped their bid by 4 percent and had said that was their ‘best and final offer’.

Goldman closes biggest ever buyout fund(2)

Investment bank Goldman Sachs has raised $20 billion for its sixth buyout fund, the first firm ever to reach this mark - although rival private equity groups are reportedly closing in on even larger totals.

Carlyle CFO to step down(2)

John Harris, CFO of The Carlyle Group, will soon leave his position after having spent more than a decade with the Washington, DC-headquartered firm.

BCE in talks with KKR, Canadian pensions(2)

Canada’s largest communications company, BCE, has announced it is in buyout discussions about a potential $28 billion privatisation.

Lacklustre float for Ripplewood, Oak Hill-backed company(2)

Equipment rental company RSC Holdings, purchased last year by Ripplewood and Oak Hill, raised $458 million in an initial public offering; the 20.3 million share offering raised less than expected, and the company’s stock has been trading below the IPO’s $22 per share price.