TPG, KKR and Goldman Sachs have completed the US’ largest-ever buyout in the form of their controversial, $45 billion deal for Texas energy utility TXU.
2 min read · 04 January 2013
New York firm Braemar Energy Ventures has raised $250 million for its second fund, which is more than 4 times the size of its predecessor.
2 min read · 04 January 2013
Drawing on the resources of its parent company Invesco, WL Ross & Co. has raised a distressed investment vehicle three times the size of its predecessor.
2 min read · 04 January 2013
CVC Asia Pacific added a $200 million mainland blind manufacturing business to its basket before closing the $750 million deal for shutter manufacturer Nien Made.
1 min read · 04 January 2013
Bessemer Venture Partners has promoted Devesh Garg to managing director for its growing India team, four months after allocating $350 million for investments in the region.
1 min read · 04 January 2013
Spectrum Equity Investors will acquire a majority stake in The Generations Network, a company the firm has backed since 2003. The investment deepens Spectrum’s holdings in the online media sector.
1 min read · 04 January 2013
Caltius Capital Management has held a final close on its second private equity vehicle, which has commitments from limited partners including several CalPERS- and CalSTRS- backed investment vehicles.
2 min read · 04 January 2013
Two years after merging video game developers BioWare and Pandemic, Elevation Partners has doubled its money by selling the combined company to Electronic Arts, led by former Elevation partner John Riccitiello.
2 min read · 04 January 2013
Morgan Stanley will buy US supermarket chain Tops for $310 million. The deal is the US investment bank’s second since re-launching its private equity division last year.
2 min read · 04 January 2013
Mineral cosmetics maker Colorscience stands to benefit from new owner VMG Equity Partners’ connections to Los Angeles talent agency The Firm.
2 min read · 04 January 2013