After months of disputes surrounding TPG and KKR’s $45 billion buyout of TXU, shareholders have voted in favour of the deal.
2 min read · 04 January 2013
Credit Suisse, Bank of America and UBS have joined Citi, Lehman, Merrill and Morgan in sponsoring the OPUS-5 private exchange.
2 min read · 04 January 2013
TPG-affiliate ACON Investments has completed its second exit from a Latin American supermarket chain, with the sale of GBarbosa to strategic buyer Cencosud.
2 min read · 04 January 2013
The buyout firm has hired Steve Sterling of Bear Stearns for a newly created role as head of its US leveraged finance research team.
1 min read · 04 January 2013
Credit Suisse, Bank of America and UBS have joined Citi, Lehman, Merrill and Morgan in sponsoring the OPUS-5 private exchange.
2 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
Private equity returns for the Wisconsin Retirement System dipped slightly from 25.5 percent in 2006 to 24.8 percent in 2007, but outperformed every other asset class in the pension fund’s portfolio.
2 min read · 04 January 2013
China’s vice minister of finance reportedly said the state’s new $200 billion sovereign wealth fund will be transparent in its actions, and will not aggressively seek to acquire foreign oil companies, nor invest in airlines or telecom firms.
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
The brokerage arm of the China International Trust and Investment Company has reportedly received approval to invest around 15 percent of its net assets in private equity.
1 min read · 04 January 2013
