1 min read · 24 February 2014
It’s an unsettling paradox that many of Canada’s First Nations communities are resource-rich and yet live in poverty. Might private equity have a positive role to play here? John Jurrius, president and CEO of the Calgary-based Native American Resource Partners LLC (NARP), thinks so. In the second quarter of 2014, Jurrius plans to go to market with a new fund focused on aboriginal economic self-sufficiency, peHUB Canada has learned. Targeted to raise capital commitments of between $500 million and $1 billion, the fund will invest in parallel with traditional PE firms in resource projects that create long-term ownership interests and income streams for First Nations in Canada.
5 min read · 24 February 2014
National Veterinary Associates, one of the leading private owners of veterinary hospitals in the United States, is exploring a potential sale that could value the company at close to $700 million, according to people familiar with the matter, sister news service Reuters reported.
1 min read · 24 February 2014
Specialty chemicals maker PQ Holdings Inc, backed by Carlyle Group LP, filed with U.S. regulators to raise up to $450 million in an initial public offering of common stock, sister news service Reuters reported.
2 min read · 24 February 2014
2 min read · 24 February 2014
3 min read · 24 February 2014
3 min read · 24 February 2014
1 min read · 24 February 2014
2 min read · 24 February 2014
Citigroup Inc has been approached by Fortress Investment Group LLC and some other private equity firms about a potential deal for its consumer finance business, OneMain Financial, according to two people familiar with the situation, sister news service Reuters reported.
4 min read · 21 February 2014
