While the equity in Capmark Financial and ProSiebenSat is valued at or near zero, the mega-firm wrote up several investments, including IPO-bound Dollar General.
2 min read · 05 January 2013
LPs would like to see 100% of the transaction fee be used to offset the management fee, but GPs say the money is needed to run their firms.
3 min read · 05 January 2013
The $27bn pension chose TA Associates, Hellman & Friedman and Khosla Ventures to receive its debut private equity commitments.
1 min read · 05 January 2013
The publishing group Ripplewood acquired for $2.4bn in 2007 has reached a preliminary agreement for its senior lenders to take over in a prepackaged bankruptcy.
2 min read · 05 January 2013
The state teachers’ pension is trying to reach its long-term goal of a 10% private equity allocation.
2 min read · 05 January 2013
The $40bn pension has committed to Oaktree, Charlesbank Equity, KPS, Centerbridge, Westview Capital and Xenon.
2 min read · 05 January 2013
The firm declined to say whether key-man issues are triggered by the departure of its COO, European FoF head and an executive responsible for global co-investments.
2 min read · 05 January 2013
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
4 min read · 05 January 2013
The US business development company has slashed about 44% of its workforce and is trying to negotiate out of a default situation that has paralysed its investment activity.
2 min read · 05 January 2013
The Gores Group joint venture with Siemens has stepped into a raucous bankruptcy fight for business units of bankrupt Nortel, for which a company backed by TPG and Silver Lake has already bid.
2 min read · 05 January 2013
