Aircraft leasing company Avolon Holdings Ltd filed with U.S. regulators on June 9 to hold an initial public offering, but said it has not decided how much it planned to raise.
2 min read · 10 June 2014
U.S. private equity firm Catterton Partners is close to acquiring control of John Hardy after holding exclusive talks with the Bali-inspired jeweler for more than a month, sources close to the matter said.
2 min read · 10 June 2014
International Game Technology, a Las Vegas-based slot machine maker, has hired Morgan Stanley to explore a sale as the gaming industry pursues consolidation to combat slow growth, people familiar with the matter said.
2 min read · 10 June 2014
Investors in private equity are turning their backs on established funds and increasingly putting their money in new vehicles and individual deals as returns struggle to regain pre-crisis highs, a survey showed on June 10.
1 min read · 10 June 2014
Taiwan’s biggest pension fund has been doing better in recent years than the largest pension fund in the United States and seeks to keep its edge by boosting investments in alternative products and domestic equities.
2 min read · 10 June 2014
Mirror mirror on the wall, what’s the most attractive private equity market of all?
2 min read · 10 June 2014
Wall Street banks are playing cat-and-mouse with U.S. regulators over rules that seek to reduce lending for deals that load up companies with too much debt, as they try to retain a profitable business and meet demands from clients and investors.
5 min read · 10 June 2014
Shares of WL Ross Holding Corp, a special purpose acquisition company set up by billionaire Wilbur Ross, rose slightly in their market debut.
2 min read · 09 June 2014
A funding technique mostly used to help companies build new mines is moving into the mainstream as a way to pay for acquisitions and could help boost industry deal volumes that have fallen for the past three years, Reuters reported. Stream financing, through which miners get cash upfront in exchange for agreeing to sell a fixed percentage of future production at a discounted set price, was part of Yamana Gold Inc's white-knight bid for a 50 percent stake in fellow Canadian gold miner Osisko Mining Corp in April. Yamana's $930 million bid was financed in part by a $275 million stream transaction with the Caisse de dépôt et placement du Québec.
4 min read · 09 June 2014
Peter, based on your Form D filing from last year, it looks like you’re raising a second fund in the amount of $150 million. What’s different from the time you raised your debut fund in 2008 and 2009?
4 min read · 09 June 2014