Amanda Janis

Boston Ventures in telecom deal(3)

Boston Ventures is to buy a local US cable and telecom company, marking the middle market firm’s fifth investment from its seventh, $500 million fund.

Corporate VC at highest level in 6 years(3)

Corporate venture capital firms did 390 deals worth $1.3 billion in the first half of 2007, the highest level of investment seen since the dot com crash.

Blackstone stays positive despite harder conditions(3)

Tony James, the US company’s president and chief operating officer, outlined its strategy to capitalise on tougher debt markets, including smaller deals and distressed debt investing, and warned that the credit environment may have a short-term negative impact on fees.

GP dollars flood K Street

KKR recently augmented its tax lobbying capability - and it’s not alone. Buyout shops are spending millions on Washington’s K Street - synonymous with the Capitol’s powerful lobbyists - as US lawmakers mull legislation that would increase taxes.

KKR discloses credit concerns, confirms DOJ investigation(2)

Changing debt markets are causing deal costs to increase and threatening returns, KKR said in a regulatory filing today. The firm also acknowledged its cooperation with an investigation into club deals by the US Department of Justice’s Antitrust Division.

KKR, Goldman reach $400m accord with Harman

KKR and Goldman Sachs have struck a $400 million deal allowing them to terminate their agreed $8 billion buyout of Harman International Industries without litigation or paying a breakup fee to the audio equipment maker.

Apollo in $1bn cruise deal(2)

Apollo has waded further into the leisure cruising industry with a deal to invest $1 billion in Miami-based Norwegian Cruise Line.

First Reserve in $455m quick exit(3)

Energy-focussed private equity firm First Reserve will receive $455 million for Ohmstede, a refinery services company it acquired 14 months ago.

Apollo in $1bn cruise deal

Apollo has waded further into the leisure cruising industry with a deal to invest $1 billion in Miami-based Norwegian Cruise Line.

Corporate VC at highest level in 6 years(2)

Corporate venture capital firms did 390 deals worth $1.3 billion in the first half of 2007, the highest level of investment seen since the dot com crash.