In their second joint acquisition this year, Paul Prager and Natural Gas Partners will acquire a portfolio of power generating stations and transmission projects for $342 million.
1 min read · 04 January 2013
Fresh off the $1.8 billion first close of its debut fund, Ken Moelis’ new firm has lured Kurt Larsen away from Cerberus.
1 min read · 04 January 2013
Clearlake Capital Partners teamed with Cerberus Capital Management and Churchill Financial to finance two add-on acquisitions for GoAmerica.
2 min read · 04 January 2013
KPS Capital Partners will pay $400 million for the metals business of Olin Corporation. The deal is KPS’ first from its latest distressed fund, which closed on $1.2 billion in June.
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
The majority of Standard Life’s US private equity fund of funds team has left ‘without giving notice or warning of their intentions’. The UK insurer is currently in negotiations with its lawyers on the matter.
1 min read · 04 January 2013
The Global Emerging Markets Group has agreed to acquire a 49 percent stake in a coking coal reserve in Inner Mongolia. The deal is GEM’s second direct private equity investment in the country.
2 min read · 04 January 2013
Resilience Capital Partners is the latest private equity firm to pick up a non-core division of bankrupt auto supplier Delphi.
2 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
KPS Capital Partners will pay $400 million for the metals business of Olin Corporation. The deal is KPS’ first from its latest distressed fund, which closed on $1.2 billion in June.
2 min read · 04 January 2013
