The Goldman-led, $22bn take-private of energy logistics company Kinder Morgan, officially agreed today, involves a roughly $8bn equity cheque from the private equity consortium and management.
2 min read · 03 January 2013
New York-based SPG Partners has hired Julian Twombly, a former SPX executive, to identify and run industrial companies.
1 min read · 03 January 2013
The European private equity giant has won the auction for the Birds Eye and igloo frozen food brands.
1 min read · 03 January 2013
The two private equity firms today announced an agreement to buy ‘spatial-information’ software company Intergraph in a $1.3bn going-private transaction. Intergraph’s CEO is seeking ‘greater flexibility’ as a private company.
1 min read · 03 January 2013
The New York-based private equity firm has added Adam Aron, a ten-year veteran of former Apollo portfolio company Vail Resorts, to its roster as a senior operating partner.
2 min read · 03 January 2013
Zurich Financial has launched a major new alternative investment division based in New York and has hired James Kester away from his co-CEO role at Allianz Private Equity to oversee private equity for the rival financial services group. The move also marks a continued dissolution of Zurich-affiliated Capital Z.
2 min read · 03 January 2013
Investors in funds managed by Ritchie Capital have expressed concern over the firm’s use of ‘side pocket’ accounts for less-liquid investments. Side pockets are used by many hedge funds for private equity investing.
2 min read · 03 January 2013
BPE Investimentos has realised a substantial return after a nearly decade-long hold of a Brazilian sucro-chemical company.
1 min read · 03 January 2013
North Castle Partners, the Connecticut ‘healthy living and aging’ specialty investment firm, has entered the market with a $300m target for a new fund.
1 min read · 03 January 2013
The automobile maker is considering a going-private transaction, according to a report in USA Today, citing a ‘source with direct knowledge of the discussions’.
1 min read · 03 January 2013
