China has reportedly approved four new private equity funds dedicated to high priority sectors, less than a year after launching its first private equity fund.
1 min read · 04 January 2013
The Global Emerging Markets Group and the Chinese government's investment arm are together raising a $1 billion fund to target mineral energy sources in the developing world.
1 min read · 04 January 2013
US billionaire Tom Gores’ Platinum Equity is to buy two of PPG's automotive glass manufacturing units for $500 million.
1 min read · 04 January 2013
The Private Equity Council has released a report that contradicts an academic study set to be presented at the Davos summit next week.
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
Sentinel's sale of Metro Dentalcare to American Dental Partners has generated a 5x return and triple digit IRR. It is the second exit from the firm's third fund.
1 min read · 04 January 2013
Sallie Mae has rejected a revised bid from the JC Flowers-led consortium that would have cut the value of the $25 billion buyout by up to $4 billion.
2 min read · 04 January 2013
The Pennsylvania State Employees’ Retirement System has named two longtime staffers, John Winchester and Leonard Knepp, as the pension’s new chief investment officer and executive director.
2 min read · 04 January 2013
China has reportedly approved four new private equity funds dedicated to high priority sectors, less than a year after launching its first private equity fund.
1 min read · 04 January 2013
Ken Moelis is continuing to grow his new firm’s roster with the hire of former CCMP Capital Advisors principal Stephan Oppenheimer.
1 min read · 04 January 2013
