The alleged cover-up of poor performance at portfolio companies Freescale and FGIC are the main claims of the plaintiff, represented by a law firm that is filing a number of similar suits against major financial services firms.
2 min read · 04 January 2013
The China-focussed venture firm has brought on John Wu, formerly of Alibaba Group and Yahoo!, as a venture partner.
2 min read · 04 January 2013
The China Securities Regulatory Commission has taken steps to give the country’s securities firms access to the private equity market, as China continues to formalise its regulation of domestic private equity.
2 min read · 04 January 2013
Critics of Carlyle’s $6.3 billion buyout of US nursing home chain Manor Care have convinced several state legislatures to review the deal before granting the private equity firm operating licenses for dozens of facilities.
3 min read · 04 January 2013
New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.
1 min read · 04 January 2013
New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.
1 min read · 04 January 2013
Private equity general partners yesterday found themselves pressed to defend the value of their industry amid criticism at the American Enterprise Institute's private equity conference.
2 min read · 04 January 2013
Critics of Carlyle’s $6.3 billion buyout of US nursing home chain Manor Care have convinced several state legislatures to review the deal before granting the private equity firm operating licenses for dozens of facilities.
3 min read · 04 January 2013
Fashion-focussed TSM Capital is backing Rachel Roy, a financially astute designer to develop profitable handbags and accessories.
2 min read · 04 January 2013
Fashion-focussed TSM Capital is backing Rachel Roy, a financially astute designer to develop profitable handbags and accessories.
2 min read · 04 January 2013