Amanda Janis

KKR increases Manhattan footprint(2)

The buyout firm has leased the eighth floor of the Crown Building, an historic Fifth Avenue skyscraper, for ‘certain administrative functions’.

Lawmakers dubious private equity is root of nursing home industry's problems(4)

A witness panel largely in opposition to private equity ownership of nursing homes appeared today before the US House of Representatives’ Health Subcommittee, which was not convinced the buyout industry is the key to increasing care quality.

GTCR leads $200m bank PIPE(4)

Chicago bank PrivateBancorp has rounded up $200 million for a private placement led by hometown buyout firm GTCR Golder Rauner.

GTCR leads $200m bank PIPE(3)

Chicago bank PrivateBancorp has rounded up $200 million for a private placement led by hometown buyout firm GTCR Golder Rauner.

Silver Lake wraps third fund on $9.3bn

The US firm has closed its third, tech-focussed buyout fund slightly below its $10 billion target, but it is more than double the size of its predecessor vehicle.

Carlyle executes first Mexico exit(4)

Carlyle’s Mexico team has completed its first exit, with the sale of bilingual call-centre services provider Hispanic Teleservices Corporation to French company Teleperformance.

House approves increased tax on fund managers(4)

The House of Representatives has narrowly passed a bill that aims to raises taxes on private equity and hedge fund managers by roughly $48 billion. The bill now heads to the Senate, and if approved, is likely to be vetoed by President Bush.

Blackstone, Fortress stocks hit new lows(2)

Bleak economic data has sent US stock markets tumbling – taking Blackstone and Fortress along with – one day before markets close for the Thanksgiving holiday.

Former Senate leader joins Cressey’s latest firm(4)

Uncertainty over whether Thoma Cressey Bravo would completely split or raise separate, sector-focussed funds under one roof has been erased with the appointment of former US Senate majority leader Bill Frist to the newly formed Cressey & Company.

Cerberus axes $6.6bn United Rentals buyout(4)

Cerberus is joining KKR, Goldman Sachs and JC Flowers to become the latest buyout firm to walk away from a megadeal agreed before the liquidity crisis.