The turnaround firm has exited its seventh investment of 2012 by selling engine manufacturing company Walbro Engine Management.
2 min read · 17 January 2013
Limited partners in private equity funds should focus more on debt investing and debt products such as CLOs, according to The Carlyle Group's Bill Conway.
3 min read · 17 January 2013
Summit Midstream Partners will invest $207m in Colorado- and Utah-based ETC Canyon Pipeline. Summit invested $590m for natural gas assets in the same basin last October.
2 min read · 17 January 2013
The firm has added Brian Markison, former CEO of Fougera Pharmaceuticals, as an industry executive to help source deals and oversee investments. Avista now has 13 operating executives.
1 min read · 17 January 2013
The $25bn pension has committed to funds managed by Advent International and BGP Properties. PA SERS is working to meet its $500m annual commitment target as part of its overhaul of its alternatives programme.
2 min read · 17 January 2013
The firm has named Yeatts Anderson and Tim Dillon vice presidents. Ridgemont has grown its total staff to 25 professionals since spinning out of Bank of America in 2010.
2 min read · 17 January 2013
The James Zenni-led firm is expected to hold a first close on roughly $200m for its second special situations fund by the end of next month.
2 min read · 17 January 2013
The firm will sell graphics business SGS International roughly seven years after acquiring the company for $410m.
1 min read · 17 January 2013
New entrants to the private equity secondary market are attracting talent and capital that was previously the sole preserve of dedicated secondaries investors. Graham Winfrey reports
7 min read · 17 January 2013
The private equity and real estate firm has sold software company PC Helps Support to Baird Private Equity’s US buyout group. GI acquired the business in 2005 and helped grow sales by more than 90% during the holding period.
2 min read · 17 January 2013
