Hellman & Friedman’s $2.65 billion pending purchase of air conditioning maker Goodman Global is the firm’s third investment since closing its $8.4 billion buyout fund in May.
1 min read · 04 January 2013
Former H&Q Asia Pacific managing director Andrew Kuo has joined The Blackstone Group’s growing Hong Kong staff as a managing director for greater China.
1 min read · 04 January 2013
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
FdG Associates has added on a shoe deodorizer maker to its portfolio company Implus Footcare. Nearly eight years after buying Implus, FdG is starting to review exit options for the company.
2 min read · 04 January 2013
First Reserve has committed $300 million to a joint venture with former OMI chief executive Craig Stevenson, formed to pursue energy-related shipping investments.
1 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
As the chair of the Institutional Limited Partners Association, CalPERS’ Joncarlo Mark will focus on growing the organisation’s research and education platforms.
1 min read · 04 January 2013
VSS has agreed to pay $185 million for direct marketing company TRANZACT, generating for its owner, Halyard Capital, a return of 12 times its investment and an 85 percent IRR.
2 min read · 04 January 2013
The Gores Group will acquire Tyco’s power systems division for $100 million, as the struggling electronics company continues to sell off assets.
1 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
