Castanea Partners has raised $475 million for a core fund and $100 million for an sidecar fund. The total is nearly three times the size of its previous fund.
2 min read · 04 January 2013
Former Home Depot head Bob Nardelli will lead Cerberus’ turnaround of US automaker Chrysler.
2 min read · 04 January 2013
DISH Network operator EchoStar has paid $380 million to acquire Sling Media from its venture capital backers including Goldman Sachs, Allen & Company, DCM and Mobius Venture Capital.
2 min read · 04 January 2013
Genstar Capital has added entrepreneur Kevin O’Leary to its Strategic Advisory Board. O’Leary will help the firm strengthen its Canadian portfolio.
1 min read · 04 January 2013
MTS Health Investors and Oaktree Capital Management have acquired Links2Care to grow the pediatric home healthcare arm of their portfolio company Loving Care Agency.
2 min read · 04 January 2013
Gao Hua chief Fang Fenglei plans to raise a domestic fund that will allow him to sidestep Chinese investment regulations that plague foreign firms.
2 min read · 04 January 2013
In the latest phase of its development, industry lobbying group the Private Equity Council recently launched a new website meant to increase public knowledge of private equity.
2 min read · 04 January 2013
Growthworks Canadian Fund and HSBC Capital (Canada) were awarded "deal of the year" honors from Canada's Venture Capital & Private Equity Associations for their investments in Galleon Energy and Encore Group, respectively.
1 min read · 04 January 2013
New York- and San Francisco-based Behrman Capital has sold WIL Research Laboratories for $500 million, earning a 3.6x return.
2 min read · 04 January 2013
Thomas H Lee Partners plans to seek $245 million in damages from the law firm that represented its former portfolio company, Refco, which was discovered to have committed massive balance sheet fraud in 2005.
2 min read · 04 January 2013