Hedge fund goliath SAC Capital Advisors has hired Blackstone mezzanine professional Mark Gudis to create a major new ‘flexible’ private debt platform.
2 min read · 31 December 2012
Palladium Equity Partners, which in recent years has rebranded itself to focus more on the growing US Hispanic market, has closed its third fund on $520m.
2 min read · 31 December 2012
One of the chief architects of the Shinsei Bank turnaround, J. Christopher Flowers, is halfway toward a target of $3.5bn for a financial services private equity fund.
2 min read · 31 December 2012
Blackstone has hired Manish Mittal away from hedge fund giant Perry Capital to launch a long/short equity investment platform.
2 min read · 31 December 2012
Boston-based Energy Investors Funds will build two power plants in California for Pacific Gas and Electric Company.
1 min read · 31 December 2012
The Swiss private equity and hedge fund advisory group has garnered a €1.4 billion market capitalisation on its first day as a publicly traded company.
1 min read · 31 December 2012
Ladbrokes, the bookmaker division of Hilton Group in the UK, has received indications of interest from private equity firms for a buyout that could be worth £3.5bn (€5.1 bn; $6bn).
1 min read · 30 December 2012
Just days after the drug was approved by federal drug authorities, San Francisco-based Paul Capital announced a partial royalty interest in ROTATEQ, a Merck vaccine.
1 min read · 30 December 2012
Telecom giant Verizon Communications wants to sell or spin off its directories business, the company announced yesterday. The deal could fetch a reported $17bn.
1 min read · 30 December 2012
A member of the China Venture Capital Association has reportedly said that private equity deals in the country are on ‘on hold’ pending clarification from the government on the use of offshore vehicles.
2 min read · 30 December 2012
