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
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
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
Andrew Strauss has left his role as co-manager of Riverside's US funds in order to work in the firm's transactions business. Partner Suzy Kriscunas will succeed him.
1 min read · 04 January 2013
Conduit Capital Partners has sold three hydroelectric power plants in Mexico, the firm’s second successful exit this year from its 1999 vintage fund.
2 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
NEA, a US venture firm, has made an investment in Novatium Solutions, an early stage India company trying to bring internet computing to the masses.
2 min read · 04 January 2013
SVB Capital has hired John Dominguez of Hill Capital Management and Vincent Williams of Northern Trust Global Investments to expand its private equity programme.
2 min read · 04 January 2013
Recent disclosure of the US pension fund's $75 million allocation to a Carlyle-backed hedge fund has provided information as to the fund's structure and mandate.
1 min read · 04 January 2013
Tom Gores’ Platinum Equity will pay $190 million to acquire the steering and half-shaft business of Delphi Corporation, as part of the General Motors spinout’s emergence from bankruptcy.
1 min read · 04 January 2013
