The global private equity firm has offered to acquire EGL, a Houston-based transportation and logistics company that is 18 percent owned by its founder.
1 min read · 04 January 2013
A proponent of a tax hike on carried interest has been invited to make a presentation before US lawmakers, according to a report.
2 min read · 03 January 2013
CVC, 3i and BC Partners all have recently opened up major new offices in New York City, indicating the growing global influence of UK-based private equity franchises.
2 min read · 03 January 2013
Teachers’ Private Capital, the private equity arm of the Canadian pension, has launched its first foothold outside of Toronto with a London office led by Andrew Claerhout.
2 min read · 03 January 2013
San Francisco-based Paul Capital Investments has hired Dana O’Brien, a Cornerstone Equity co-founder, to lead a New York-based programme for co-investment alongside the firm’s GP relationships.
1 min read · 03 January 2013
Billionaire real estate investor Sam Zell has been selected to back the $8.2bn privatisation of newspaper publisher Tribune Company, a transaction which involves the sale of a stake in a Chicago baseball team and an Employee Stock Ownership Plan.
1 min read · 03 January 2013
A New York Times editorial today decried the ‘wasteful gamesmanship’ that it claimed results from the low capital gains tax currently enjoyed by US general partners.
2 min read · 03 January 2013
The financial data giant has drawn up a list of 25 publicly traded ‘private equity’ entities around the world to be used as a performance benchmark. Over the past three years, the index has outperformed S&P’s Global 1200 index by more than 700 basis points.
2 min read · 03 January 2013
The New York middle-market firm has bolstered its team with the addition of experts in the fields of manufacturing and healthcare.
1 min read · 03 January 2013
The Austin, Texas-based sale-leaseback firm has begun investing its sixth fund.
1 min read · 03 January 2013
