Carlyle co-founder David Rubenstein, speaking at the IFC’s Global Private Equity Conference today, said KKR’s recent Euronext IPO will ‘dramatically change’ the private equity industry. His comments come amid a surge in interest in publicly listed private equity vehicles.
2 min read · 02 January 2013
Guggenheim Aviation Partners is on the fundraising trail for a follow-on vehicle that will continue the firm’s strategy of acquiring, converting and leasing aircraft.
1 min read · 02 January 2013
Former Apollo partner Michael Gross has filed to take public a ‘blank check’ special purpose acquisition vehicle with a target of $300m, a unique next step for a veteran private equity GP.
2 min read · 02 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 · 31 December 2012
At its annual meeting, Blackstone told limited partners it wants to raise its fund cap to nearly $15bn, and is studying the possibility of a public vehicle.
2 min read · 31 December 2012
In a joint interview with Blackstone’s Stephen Schwarzman and Carlyle’s David Rubenstein aired yesterday on US public television, Schwarzman called the Sarbanes-Oxley Act the ‘best thing that’s happened to our business and one of the worst things that’s happened to America’.
2 min read · 31 December 2012
Famed corporate raider T. Boone Pickens is amazed at the growth of an industry he helped establish in the 1980s, he said at a conference today.
2 min read · 31 December 2012
The recently listed KKR Private Equity Investors vehicle creates an immediate pool of nearly $2bn for KKR’s 2006 Fund – a major boost to the firm’s ongoing fundraising effort.
2 min read · 31 December 2012
Steven Lee, the former head of Lone Star’s embattled South Korean operations, has reportedly admitted embezzling millions from the firm, funds which he has subsequently repaid.
2 min read · 31 December 2012
While the Great Men of the buyout world are raising mega-billions, the Great Men of the venture industry are going mini – take, for example, the recent activity from venture pioneer Alan Patricof. David Snow reports.
2 min read · 31 December 2012
