Six of seven buyout shops that are listed on one of the North American exchanges, such as the NYSE or Nasdaq, have seen their share prices rise since the start of the year.
1 min read · 02 November 2012
Clear Channel Outdoor Holdings Inc’s quarterly revenue fell short of expectations as the outdoor advertising company’s international sales slipped, particularly in Europe, sending its shares down 6 percent in early trading on Friday Nov. 2, according to sister news service Reuters.
2 min read · 02 November 2012
Wind Point Partners and Ontario Teachers' Pension Plan has completed the acquisition of Shearer's Foods. Terms of the deal were not released. Based in Massillon, Ohio, Shearer’s makes private label salty snacks and kettle cooked potato chips.
2 min read · 02 November 2012
Dymon Asia Capital is branching out to the private equity world, launching a fund with backing from a unit of Singapore state investor Temasek Holdings, a company email obtained by sister news service Reuters shows, indicating an uncommon move by a hedge fund.
1 min read · 01 November 2012
The Blackstone Group LP is preparing to launch a multibillion-dollar fund that will buy stakes in hedge fund managers in the secondary market, astraditional buyers such as banks pull back amid disappointing fund performance and regulation, according to sister news service Reuters.
3 min read · 01 November 2012
1 min read · 01 November 2012
The Caisse de dépôt et placement du Québec sold part of its investment in the UK's Heathrow Airport Holdings Ltd. to a subsidiary of China Investment Corp. for C$164 million. The Caisse, which also sold interests to Qatar Holdings Ltd. in August, was one of a group of investors which acquired Heathrow (formerly BAA Ltd.) for C$24.7 billion in July 2006.
2 min read · 01 November 2012
Intertainment Media Inc. of Toronto, Ontario, announced that company managers have been working with legal counsel and unspecified US private equity funds to pursue capital strategies in the United States and to undertake divisional spin-outs. As part of its investment strategy, the firm is also planning a senior US listing.
5 min read · 01 November 2012
The Caisse de dépôt et placement du Québec has made a second investment totaling $5.4 million in Groupe Moreau of Rouyn-Noranda, Abitibi-Témiscamingue, Québec. In July 2012, the Caisse collaborated with Wynnchurch Capital in a significant equity investment intended to facilitate the company's growth in its provision of services to natural resource and industrial sectors.
2 min read · 01 November 2012
With estimates of Hurricane Sandy damage hovering around $20 billion, the catastrophe could be a boon to construction-related portfolio companies.
3 min read · 01 November 2012
