Amanda Janis

Critics line up against TXU deal(2)

Pundits are questioning the merits of the $45bn proposed buyout of Dallas, Texas-based utility company TXU by KKR, TPG, and Goldman Sachs.

Auda closes 12th fund(2)

New York-based Auda Private Equity has closed a $787 million fund of funds and co-investment vehicle.

Applebee’s considers sale(2)

The international casual dining franchise with a $1.96bn market cap has announced it will explore strategic alternatives to enhance shareholder value.

KKR Euronext to invest in TXU(2)

The Euronext affiliate of KKR has committed to the largest ever proposed buyout both as a co-investor and limited partner, contributing $500 million to the deal.

Private equity boosts philanthropy(2)

The Chicago-based MacArthur Foundation will augment its grant budget by $25m, thanks in part to its successful private equity investments.

Genstar backs machine parts merger(2)

A portfolio company of San Francisco-based Genstar will acquire power transmission maker TB Wood’s.

Environmentalists: backing TXU not a ‘PR stunt’(2)

The $45bn buyout proposed by KKR, TPG, and Goldman Sachs has been lauded by environmental and watchdog groups, which maintain the environmental policy improvements promised are not just a façade.

Scale Venture closes $400m second fund(2)

The Bank of America spin-out has closed its second fund, and transferred the ownership of its portfolio from the banking giant to 12 new limited partners.

Asian market maturing, KKR chief says(2)

Joseph Bae, head of KKR’s Asia investment team, said before a conference crowd he expects further growth in Asia’s private equity market, as larger transactions and international expansions become more commonplace.

Apax, Morgan Stanley to buy US insurance firm(2)

Hub International will be purchased for $1.8bn by private equity firm Apax Partners and Morgan Stanley Principle Investments.