KKR’s negotiations with underwriters of the First Data deal -- the second such mega deal for which banks have had difficulty syndicating the debt -- will be a harbinger of things to come, says Dechert attorney Scott Zimmerman.
2 min read · 04 January 2013
China will reportedly launch its $200 billion, Temasek-style fund tomorrow.
1 min read · 04 January 2013
The credit crunch has claimed another victim: Patriarch Partners’ American LaFrance, one of the oldest fire engine makers in the US.
2 min read · 04 January 2013
The alternatives-focussed Yale University endowment returned 28 percent this year, up 5.1 percent percent from 2005. The endowment is now valued at $22.5 billion, up 25 percent from 2005.
1 min read · 04 January 2013
Snow Phipps Group, fresh from the $620 million close of its debut fund, has sold Excel Mining to Orica Limited for $670 million.
1 min read · 04 January 2013
The Ohio Public Employees' Retirement System will revamp its Health Care Fund to include a 5 percent allocation to private equity, a new asset class for the fund.
1 min read · 04 January 2013
Damien Reynolds, head of natural resources investment firm Longview Capital Partners, has launched a new firm that will target renewable energy and cleantech.
2 min read · 04 January 2013
Guggenheim Aviation Partners has closed its second fund on $737 million, more than twice the size of its 2005 debut vehicle.
1 min read · 04 January 2013
The Carlyle Group has added four to its West Coast offices, hiring two managing directors from Sevin Rosen and Pequot Capital, and transferring two executives internally.
2 min read · 04 January 2013
HarbourVest Partners may list on the Euronext a fund of funds vehicle that would invest in the US firm's existing funds.
2 min read · 04 January 2013