The New York buyout firm today announced a substantial minority investment in the beauty-supplies division of publicly traded Alberto-Culver Company. The new company will be spun out as a public company listed on the New York Stock Exchange.
1 min read · 03 January 2013
The buyout giant, currently in the market with its 2006 Fund, has set a ceiling for the vehicle that, if reached, will put KKR in the same size stratosphere as Blackstone and Texas Pacific.
1 min read · 03 January 2013
Apollo Management has agreed to acquire the coated paper division of International Paper for approximately $1.4bn, the forest-products conglomerate announced.
1 min read · 03 January 2013
Thomas H. Lee Partners, the Boston private equity firm that suffered a significant loss on its investment in broker Refco, has won as much as $100m in a settlement with an Austrian bank.
2 min read · 03 January 2013
The alternative investment business of Morgan Stanley led by Cory Pulfrey has raised fresh capital for its third private equity fund of funds.
1 min read · 03 January 2013
The global private equity firm has acquired a major clothing retailer in Mexico for $200 million. The deal includes $90 million in cash-flow based debt.
2 min read · 03 January 2013
Sing Wang, the former head of Hong Kong-based multimedia corporation TOM Group and the ‘founder’ of Goldman Sachs’ Asia private equity arm, will become a Texas Pacific Group partner to pursue growth and venture deals in North Asia.
1 min read · 03 January 2013
Retired basketball star Michael Jordan will enter into a joint venture with Robert L. Johnson’s private investment platform to pursue private equity and other investment activities.
1 min read · 03 January 2013
AP Alternative Assets, the planned listed vehicle from Apollo Management, will co-invest alongside Apollo’s giant new private partnership, representing as much as 15 percent of each deal.
2 min read · 03 January 2013
The increasingly global buyout firm is evaluating setting out to raise as much as $2bn next year, according to sources.
2 min read · 03 January 2013
