Private Equity
Global investment bank Lehman Brothers announced that it has raised $1.6bn for a co-investment fund, and has already committed $330m among 10 transactions.
1 min read · 04 January 2013
A Danish drug company owned by private equity firms The Blackstone Group, Nordic Capital and CSFB Private Equity will buy the pharmaceutical division of German company Altana for €4.5bn.
1 min read · 04 January 2013
The Blackstone Group today announced that former McKinsey partner David McVeigh has become executive director within the private equity portfolio management group.
1 min read · 04 January 2013
US private equity firm Avista Capital Partners announced its $100m investment in seismic technology provider Geokinetics, to help finance the company’s $125m acquisition of its oil-exploration rival Grant Geophysical.
1 min read · 04 January 2013
Lime Rock Partners, a Connecticut private equity firm, today announced the closing of its fourth energy-focused fund on $750m, nearly as much as its three previous funds combined.
2 min read · 04 January 2013
Centerview Partners, the recently formed boutique investment bank, announced that James Kilts, the former head of The Gillette Company, will join the firm as a founding partner to focus on the firm’s private equity business.
2 min read · 04 January 2013
AIG Global Investment Group announced that it has closed on a $700m co-investment fund to invest in ’top-tier’ private equity buyout deals.
1 min read · 04 January 2013
Ocean Tomo’s latest intellectual-property auction has generated numbers sure to help solidify IP’s position as a lucrative asset class.
2 min read · 04 January 2013
Three former partners from Paul Capital Partners’ healthcare royalty fund—Gregory Brown, Todd Davis and Clarke Futch—have moved to investment bank Cowen Group, where they have launched Cowen Healthcare Royalty Partners (CHRP).
2 min read · 04 January 2013
Venture capital funds are lately eyeing videogame companies with an eye toward the future of the technology, particularly in the field of online games. By David Rapp
3 min read · 04 January 2013