Venture activity continues to show slow growth compared to the country’s booming buyout sector.
2 min read · 04 January 2013
Brazos Private Equity Partners has acquired two food manufacturers, the firm’s first moves under the food and beverage investment programme it launched last year in partnership with former Brach’s Confections head Terry O’Brien.
1 min read · 04 January 2013
GSO Capital Partners, newly part of The Blackstone Group, has agreed to pay a $21 million breakup fee to Reddy Ice after credit market conditions gave GSO’s lenders cold feet.
2 min read · 04 January 2013
The New York State Common Retirement Fund is upping its allocation to so-called emerging managers, including women- and minority-owned firms.
1 min read · 04 January 2013
The global private equity firm is well on its way to a target of $12 billion for its tenth fund.
1 min read · 04 January 2013
China’s vice minister of finance reportedly said the state’s new $200 billion sovereign wealth fund will be transparent in its actions, and will not aggressively seek to acquire foreign oil companies, nor invest in airlines or telecom firms.
2 min read · 04 January 2013
The firm’s country head, Paul Yoo, has been sentenced to five years in prison, while Lone Star has been fined $26 million by a Korean court.
3 min read · 04 January 2013
Cerberus’ proposed $62 per share buyout of Affiliated Computer Services is the latest LBO to fall apart.
2 min read · 04 January 2013
Providence Equity Partners may drop out of a consortium that has agreed to buy US media giant Clear Channel Communications, casting doubt on the fate of a $27.5 billion deal that was nearly a year in the making.
2 min read · 04 January 2013
Dubai investment group Istithmar has opened an office in Shanghai; it is the firm’s first office outside of the United Arab Emirates.
1 min read · 04 January 2013
