Hertz Global Holdings Inc said that that private equity firms Clayton, Dubilier & Rice and The Carlyle Group, as well as Bank of America Merrill Lynch, have sold off their remaining shares in the car rental agency for $1.24 billion, according to sister news service Reuters.
1 min read · 20 May 2013
4 min read · 20 May 2013
1 min read · 20 May 2013
3 min read · 20 May 2013
2 min read · 20 May 2013
2 min read · 20 May 2013
2 min read · 20 May 2013
2 min read · 20 May 2013
This chart vividly illustrates the role of timing in the performance of private equity investments.
1 min read · 17 May 2013
While Apollo Global Management LLC may be “selling everything that’s not nailed down” as buyout king Leon Black said recently, the co-founder of the marquee private equity firm held on to all of his roughly $2.5 billion worth of Class A shares in a recent insider stock sale registration. And in a separate insider sale, two founders of Oaktree Capital LLC could each receive gross proceeds of nearly $80 million in a secondary offering.
3 min read · 17 May 2013
