Harvest Partners has agreed to sell US Silica to distressed specialist Harginger Capital Partners, just one month after acquiring the silica sand producer.
1 min read · 04 January 2013
The Princeton University endowment returned 24.7 percent for the fiscal year 2006-2007, increasing its assets from $13 billion to $15.8 billion. The US endowment allocates 15 percent of its portfolio to private equity funds.
1 min read · 04 January 2013
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
1 min read · 04 January 2013
Silver Lake’s and ValueAct Partners’ $3 billion buyout of data company Acxiom is the latest in a series of deals to fall apart in the wake of the credit crunch.
1 min read · 04 January 2013
Former Apax, USBX and Arthur Anderson executives have founded Egis Capital to take advantage of rising government spending in the defence sector. Next year the firm plans to raise a $200 million fund.
1 min read · 04 January 2013
Fresh from its first fund close, North Carolina-based Falfurrias Capital has bought chicken-n-biscuits chain Bojangles.
1 min read · 04 January 2013
Speaking on a World Economic Forum panel dedicated to sovereign funds, the Blackstone chairman and chief executive praised the funds and likened them to US state pensions as institutional investors.
3 min read · 04 January 2013
San Francisco firm Swander Pace has furthered the industry trend of backing high-end fashion companies with its investment in trendy New York handbag designer Kooba.
1 min read · 04 January 2013
Emerging markets funds raised $21.5 billion in the first six months of the year, and are poised to surpass last year's total of $33.3 billion, according to data from the Emerging Markets Private Equity Association.
2 min read · 04 January 2013
Yet another private equity firm is taking a star turn: Sandlot Venture Group is set to back two sports films with a $25 million fund.
3 min read · 04 January 2013
