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
Piper Jaffray has finished the construction of its fund of funds team with the addition of Mike Pohlen from the firm’s investment banking team.
1 min read · 04 January 2013
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
1 min read · 04 January 2013
New Enterprise Associates’ Dick Kramlich will live in Shanghai for all of 2008, helping to source deals and build relationships.
1 min read · 04 January 2013
NASDAQ is consolidating Goldman Sachs' GSTrUE, Bear Stearns’ Best Markets, and OPUS-5, all private exchanges, which allow private equity firms to list with less disclosure requirements.
1 min read · 04 January 2013
A researcher from the University of Chicago’s business school has presented preliminary findings from a study that could provide fodder for critics of private equity, who say the industry threatens US jobs.
3 min read · 04 January 2013
Yet another private equity firm is taking a star turn: Sandlot Venture Group is set to back two sports films with a $25 million fund.
3 min read · 04 January 2013
After prominent VC firm Mobius began to wind down its operations last year, five of its team members decided to launch their own tech fund.
2 min read · 04 January 2013
NASDAQ is consolidating Goldman Sachs' GSTrUE, Bear Stearns’ Best Markets, and OPUS-5, all private exchanges, which allow private equity firms to list with less disclosure requirements.
1 min read · 04 January 2013