Some $20bn of secondary transactions is expected for 2010, with no signs of slowing down next year, says PineBridge’s Harvey Lambert.
2 min read · 05 January 2013
The $24bn pension has made commitments to BC Partners, Meritech Capital and SFC Energy Partners, and is considering committing to Berkshire Partners and international investment group Brait.
1 min read · 05 January 2013
The emerging markets-focused firm has teamed up with Singapore’s sovereign wealth fund to invest $77m each in India's GVK Energy.
2 min read · 05 January 2013
A new report reveals private equity-backed companies that issued debt with payment-in-kind (PIK) toggle features were significantly more likely to default or have their ratings downgraded.
2 min read · 05 January 2013
Apax, Permira, Providence, Blackstone and KKR will partially exit the Danish telecoms company they took private for $12bn in 2005.
1 min read · 05 January 2013
Bain Capital has agreed to buy specialty chemical distributor IMCD from AAC, which purchased the company from AlpInvest in 2005 for an undisclosed sum.
2 min read · 05 January 2013
Peter Nachtwey is stepping down as chief financial officer of The Carlyle Group to become CFO at asset management firm Legg Mason.
1 min read · 05 January 2013
During the month of October, the Euronext-listed fund of funds received $44m in distributions from portfolio companies including NetFlix, Burger King and Central Security Group.
1 min read · 05 January 2013
Massachusetts’ $44bn pension has committed $150m to Centerbridge Partners II. The pension has another $346m in possible commitments to make before the end of the year.
2 min read · 05 January 2013
The UK-based lower mid-market firm has sold sports nutrition company Maxinutrition for £162m. Darwin acquired the business for £75m in 2007.
1 min read · 05 January 2013