The publicly listed private equity firm is trying to keep afloat two of its portfolio companies, Gagfah, a German real estate company, and Intrawest, a ski resort company, that are both burdened by debt, according to media reports. Gagfah said the report was not true.
2 min read · 05 January 2013
Karl Beinkampen has left the bank’s private equity fund of funds business, which recently raised more than $1bn for its fourth fund of funds.
2 min read · 05 January 2013
In several high-profile cases, investment performance will be determined by how well the GPs perform in bankruptcy situations, writes Christopher Witkowsky.
3 min read · 05 January 2013
Dave Blechman has left to join upstart firm Tower Three. Sun’s Steve Liff will continue to lead the New York office.
2 min read · 05 January 2013
Hellman & Friedman's seventh fund is targeting $7bn, with a hard cap of $10bn, and has collected about $6.4bn so far.
2 min read · 05 January 2013
Zachary Doehla, who will start at the $30bn pension on 17 August, has worked at underwriting financing for private equity deals.
2 min read · 05 January 2013
The PIPE will give the buyout firm 11.5 million of the bank’s common shares at $10 per share, a 4% premium over Friday’s closing price.
2 min read · 05 January 2013
Placement agents have formed a loose coalition in the US, as the SEC considers barring state pensions from interacting with them.
4 min read · 05 January 2013
TPG's David Bonderman and Carlyle's Daniel Akerson are among the recent nominations to GM's board. Also appointed was Stephen Girsky, former Centerbridge Industrial Partners president.
3 min read · 05 January 2013
Energy Capital Partners II is targeting $3.5bn for energy infrastructure investments in North America.
1 min read · 05 January 2013
