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.
Bulge brackets Merrill Lynch, Citi and Morgan Stanley are looking for leadership and growth from a formerly obscure niche – alternatives, writes Amanda Janis.
2 min read · 04 January 2013
Laurence Fink, former Blackstone partner and founder of publicly traded investment firm BlackRock, has reportedly been offered the chief executive position at Merrill Lynch. Fink is also said to be a candidate for the same job at Citi, as both US banks seek to replace CEOs in the wake of multibillion dollar write-downs.
3 min read · 04 January 2013
US middle market firm Insight Equity has purchased Atwood Mobile Products, a maker of accessories for recreational vehicles, for $160 million.
1 min read · 04 January 2013
With the closure of its tenth fund on $520 million, Accel Partners is slowly increasing its fund sizes again; post-dotcom crash, the firm downsized its eighth fund by more than half, having originally closed on $1.4 billion in 2000.
2 min read · 04 January 2013
US pension giant CalPERS has launched a €400 million, Europe-focussed buyout initiative, to be managed by the private equity division of Scotland-based investment manager Standard Life Investments Group.
2 min read · 04 January 2013
The 3-year old firm has closed the largest-ever private equity vehicle raised by a Utah-based buyout firm – though without participation of two founding managing directors, including former American football star Steve Young.
2 min read · 04 January 2013
The Brazilian private equity firm will invest $136 million in Laboratório Americano de Farmacoterapia, a Brazilian pharmaceutical company.
1 min read · 04 January 2013
PCG Asset Management, an affiliate of US gatekeeper Pacific Corporate Group, has lost its head of research and managing director, Jay Rose. Meanwhile, the firm has hired two junior level professionals and opened a New York office.
2 min read · 04 January 2013
KKR and Goldman Sachs plan to walk away from their previously agreed $8 billion buyout of Harman International Industries, claiming the audio equipment maker has had a material adverse change in its business and breached the agreement. Harman disputes the claims.
2 min read · 04 January 2013
House Ways and Means Committee chair Charles Rangel indicated he would abandon the carried interest provision in his recently passed bill, following passage of a Senate bill that, like Rangel’s, attempts to fix the Alternative Minimum Tax act – but without raising taxes on fund managers.
2 min read · 04 January 2013
