The renamed private equity firm of industry pioneer Thomas H. Lee today announced a slew of hirings from Capital Z, Carlyle, JC Penney, Bain & Co., Bain Capital, and Mercer Consulting as Lee Equity Partners gears up to be a major growth-equity player.
2 min read · 03 January 2013
The US private equity firm has been approved to lead a group in buying WestLB’s 24% stake in HSH Nordbank for €1.25bn. The private equity group will share ownership of the Landesbank with two German municipalities.
2 min read · 03 January 2013
Tata Group, one of India’s biggest industrial conglomerates. is buying Glaceau from San Francisco-based TSG Consumer Partners for $677m, generating a multiple of a roughly 14 times over just three years.
1 min read · 03 January 2013
An oil and gas exploration platform funded by The Carlyle Group and Carlyle affiliate Riverstone Holdings has announced a $340m deal to buy dozens of on- and offshore oil fields.
1 min read · 03 January 2013
Harry Clark, a veteran lobbyist and communications counselor to industry and government officials, is helping America’s biggest buyout firms establish an advocacy group for the private equity industry.
2 min read · 03 January 2013
Two managing directors have left New York middle-market buyout firm and Florida public pension affiliate Liberty Partners and teamed with other professionals to launch a new middle-market platform, Hudson Ferry Capital.
1 min read · 03 January 2013
Apax Partners has spent $190m on a minority stake in Ronald Lauder’s Central European broadcasting company, which has a turbulent history.
2 min read · 03 January 2013
AlpInvest is part of a consortium led by KKR and Silver Lake to acquire a majority stake in the semiconductor business of Royal Philips Electronics for roughly €8.3bn.
1 min read · 03 January 2013
An exclusive interview with Stephen Schwarzman earlier this week: Schwarzman was in France on vacation, but set aside time for PEO. After commenting on the disappointment around him related to France’s loss in the World Cup, he moved on to the topic of Blackstone’s most recent victory – the raising of its $15.6 billion Fund V.
5 min read · 03 January 2013
The New York office of European private equity giant Permira recently added four junior investment professionals to handle ‘plenty’ of deal opportunities flowing from the US.
1 min read · 03 January 2013
