SPG Partners, a firm led by former Ripplewood partner Ian Snow, announced its third deal today, an investment in a lender to ‘brownfield’ real estate projects.
1 min read · 03 January 2013
Two private equity advisory firms, Hamilton Lane and Pacific Corporate Group, are the finalists in Oregon’s search for a new consultant, following heavy turnover at PCG.
2 min read · 03 January 2013
The real estate and private equity teams within Goldman Sachs’ merchant banking division will help manage the giant new infrastructure fund.
1 min read · 03 January 2013
The affiliate of publicly traded buyout firm American Capital will expand its European franchise beyond its initial London and Paris footholds.
1 min read · 03 January 2013
Horatio Sparkes, who oversees the investment of five New York City pension funds, including a nascent private equity programme, has submitted his resignation to city comptroller William Thompson.
1 min read · 03 January 2013
The state teachers’ pension is seeking a manager or managers to help it move from fixed income assets to real estate and private equity.
1 min read · 03 January 2013
The bid by Apollo Management and Texas Pacific for the Las Vegas-based casino giant could mark one of the year’s largest buyouts.
2 min read · 03 January 2013
AA Capital, a Chicago and Detroit fund of funds manager that spun out of ABN AMRO in 1995, has been hit with an SEC restraining order pending an investigation into charges that the firm stole at least $10.7m from labour-union LPs. The firm has ties to eleven well known private equity firms, as well as to a Detroit strip club and the rap producer Shorty Capone.
3 min read · 03 January 2013
Former KKR affiliate KSL and the Dedman family of Texas will buy resort, sports club and private club assets from Dallas-based ClubCorp in separate transactions valued at $1.8b.
2 min read · 03 January 2013
As many as 900 people are expected to attend Carlyle’s annual investor meeting in Washington DC next week, during which the firm is expected to unveil further details about its new Middle East and hedge fund platforms.
2 min read · 03 January 2013
