Arsenal Capital Partners is the latest private equity shop to open an Asian office. It is the firm’s first office abroad.
2 min read · 04 January 2013
Apollo Management has added California Products Corporation to its manufacturing portfolio, just weeks after paying $10.6 billion for specialty chemical maker Huntsman.
1 min read · 04 January 2013
TPG has hired Southeast Asia banking vet Jerry Ng to lead its Indonesia business, as the firm looks to strengthen its position in that country’s financial services sector.
1 min read · 04 January 2013
Kentucky Retirement Systems has reportedly committed $275 million to alternatives, including $75 million to an emerging private equity manager programme – a growing trend among public pensions.
1 min read · 04 January 2013
Vestar Capital Partners will acquire cancer treatment chain Radiation Therapy Services in a $1.1 billion deal. It is the firm’s first healthcare acquisition since hiring former Bain & Company healthcare pro Anil Shrivastava.
2 min read · 04 January 2013
Ned Kelly will leave Carlyle to become president of Citi Alternative Investments, a division CEO Vikram Pandit has worked to build up since he took control of the bank in November.
2 min read · 04 January 2013
Marwit Capital Partners has acquired Boot Barn for an undisclosed amount, making it the US second private equity firm to invest in a western apparel retailer this year.
2 min read · 04 January 2013
After a nearly decade-long holding period, New York-based Conduit Capital has successfully exited its stake in Colombia coal power plant Termotasajero.
2 min read · 04 January 2013
Tom Hicks’ SPAC has raised $552 million in an initial public offering said to be the largest of its kind to date. The blank check vehicle will target one or more non-energy businesses in the US or Canada.
2 min read · 04 January 2013
Veritas Capital has sold defence contractor Athena Innovative Solutions to CACI International for an undisclosed amount.
1 min read · 04 January 2013