New Mexico Public Employees’ Retirement Association is considering committing $20m to Oaktree’s European Principal Fund III, a distressed debt vehicle targeting between €2.5bn and €3bn.
2 min read · 05 January 2013
US mid-market firm Sterling Partners will look to raise 20% more than its previous fund, which closed on $1bn in 2007 following just six months of marketing.
1 min read · 05 January 2013
Nordic Capital has led a consortium of investors in the sale of pharmaceutical company Nycomed to Takeda Pharmaceutical Company. The deal marks the second time Nordic has sold the Zurich-headquartered business.
2 min read · 05 January 2013
The California-based lower mid-market firm is expecting to hold a final close by 15 June.
1 min read · 05 January 2013
Samsonite, purchased for $1.7bn at the height of the credit bubble in June 2008, will list on the Hong Kong Stock Exchange.
1 min read · 05 January 2013
Latrobe Specialty Metals, purchased for $250m in 2006 by Hicks Holdings and The Watermill Group, intends to trade on the New York Stock Exchange under the symbol LAT.
1 min read · 05 January 2013
The private equity arm of Citi Capital Advisors has agreed to sell specialty pharmaceutical company Sanitas to Valeant Pharmaceuticals.
1 min read · 05 January 2013
The UK-listed group has purchased a majority stake in US automotive company Hilite, establishing a new fuel efficiency, transmission operation and emissions control platform, says managing partner Ken Hanau.
1 min read · 05 January 2013
Berkshire Partners has reportedly collected $4bn for its eighth fund and is expecting to hold a final close in early July.
1 min read · 05 January 2013
The firm has purchased an 80% stake in clinical research specialist Medpace, whose management team will own the remaining 20 percent following the close of the transaction.
1 min read · 05 January 2013