Brad Meikle

Apax deals TriZetto to Cognizant for $2.7 bln

Cognizant Technology Solutions Corp said it would buy healthcare IT services provider TriZetto Corp for $2.7 billion from private equity firm Apax Partners, its largest deal ever.

Buyouts September 15 2014 – Digital Edition

Norwegian Cruise nears $3 bln Prestige deal

Norwegian Cruise Line Holdings Ltd, the world’s third largest cruise operator, is in advanced talks to acquire peer Prestige Cruises International Inc for around $3 billion, according to people familiar with the matter.

Oaktree-backed Store Capital files for IPO

Real estate owner Store Capital Corp, backed by private equity firm Oaktree Capital Management LLC, has filed with U.S. regulators for an initial public offering of common stock.

Co-Investments attractive if done for the right reasons

Co-investing has gained popularity amongst investors who are looking for a stronger alignment of interest, more control and, ultimately, an amplification of the outperformance that is possible through investing in private equity.

Bottom-quartile funds repeat 42 pct of time

Institutional investors know to back sponsors coming off of top-quartile funds on the expectation that they will rise to the top again. Research by Buyouts shows why they would also be wise to avoid successors to bottom-quartile funds.

GIC gives PE firms run for their money

The Government of Singapore Investment Corp is taking the unusual step of investing directly in unlisted companies, a move bankers say will be mimicked by other sovereign wealth funds as low yields spur fund managers to adopt a more hands-on attitude in their search for higher returns.

CEO of Olympus-owned company resigns over dog-kicking incident

Demonstrating how portfolio company problems can quickly become sponsor problems, Desmond “Des” Hague, the Centerplate Inc CEO caught on tape kicking a one-year-old dog in his care, resigned amid a public outcry earlier this month.

'The cause of LP interest is fundamentally about the growth'

Five Questions with Jim Roth, Co-Founder and Partner, LeapFrog Investments

Fifth Street Asset Management files for IPO

Alternative asset manager Fifth Street Asset Management Inc filed with the U.S. regulators for an initial public offering of Class A common stock.