Eamon

Credit Suisse To Buy Minority Stake In York Capital Management For Initial $425M

Credit Suisse’s asset management division agreed to acquire a minority interest in York Capital Management, which will continue to operate independently under the leadership of founder and CEO Jamie Dina and CIO Dan Schwartz. Credit Suisse will pay an initial $425 million for its interest in York. The transaction includes an earn-out payments based on five-year financial performance.

Cantor Fitzgerald Names Stoffels and Tuch as Co-Head of its Private Capital Group

Cantor Fitzgerald & Co. named Garett Stoffels and Steven Tuch as Co-Head of its Private Capital Group within the firm’s Investment Banking department. Stoffels was managing director at Bear Stearns. Tuch was managing director at Deutsche Bank.

TowerBrook Capital To Sell Broadlane Group To MedAssets Inc. For $850 Million

TowerBrook Capital Partners, L.P. agreed to sell portfolio company The Broadlane Group Inc. to MedAssets Inc. for $850 million in cash. Broadlane providescost management solutions to the U.S. health care industry. The transaction is expected to close within 60 to 90 days. TowerBrook acquired Broadlane in August 2008.

TA Associates Names Dhiraj Poddar a Director of TA Associates Advisory Pvt. Ltd.

TA Associates named Dhiraj Poddar as a director of TA Associates Advisory Pvt. Ltd. He will work from the Mumbai office and will focus on investments in growth companies in India and other emerging markets. He was previously a director at Standard Chartered Private Equity.

TPG Capital Seeks To Buy 10 Percent of Russian Bank VTB For $2.4B-$3.1B: Report

Green Mountain Coffee Roasters To Buy Van Houtte From Littlejohn & Co. Affiliate For $890M

Bridgepoint Capital Names Stuart Rose to its European Advisory Committee

Bridgepoint Capital Ltd. named Stuart Rose to its European Advisory Committee. Rose is the outgoing chairman of Marks & Spencer. He held this post since June 2008.

Evercore Partners Agrees To Buy 50 Percent of G5 Advisors For $20 Million

Evercore Partners Inc. agreed to acquire a 50 percent stake in G5 Advisors, a São Paulo-based investment banking boutique and investment management firm. Evercore agreed to pay $20 million in cash and securities at closing, with the potential for earn out payments based on performance through 2013. The transaction is expected to close in early October. Evercore will have an opportunity to acquire the remaining 50 percent stake in 2014.

Private Equity Council Changes Name To Reflect Expanded Membership; Forms Growth Capital Committee

The Private Equity Council changed its name to the Private Equity Growth Capital Council. The change reflects the group’s expanded and diversified membership. It sought to broaden its membership earlier this year and now has 30 members with assets under management ranging less than $1 billion to $20 billion. The council also plans to form a Growth Capital Committee to deal with issues of interest to mid and small market firms.

VMG Partners To Sell Waggin' Train LLC To Nestle Purina PetCare Co

VMG Partners signed a definitive agreement to sell Waggin' Train LLC, a marketer of real-meat dog treats. The buyer is Nestle SA’s Nestle Purina PetCare Co. subsidiary. The transaction has received U.S. regulatory approval and is expected to close by the end of September.