More than two dozen of this year's 400 richest US citizens owe their fortunes to private equity.
1 min read · 04 January 2013
Cerberus Capital Management will acquire the North American operations of paper products producer Stora Enso for $2.52 billion, in one of the few mega buyouts to be signed since the advent of the credit crunch.
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
In the latest stage of his very busy retirement, Tom Hicks has made a formal return to private equity with the launch of Dallas-based Hicks Equity Partners and the hiring of three managing directors for the firm.
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
Columbia Business School is following in the footsteps of Dartmouth and Cornell in establishing a specialised private equity programme for MBA students.
1 min read · 04 January 2013
The latest Mitt Romney campaign ad makes the first mention of his time at Bain Capital and an incident in 1996 when he dispatched employees to search for the missing daughter of a partner.
2 min read · 04 January 2013
Fund of funds manager Pathway Capital Management will cater to a new client base with its latest fund.
1 min read · 04 January 2013
Lucent Technologies spin-out New Venture Partners will bring its corporate technology spin-out model to Silicon Valley, a move enabled by the addition of former Intel research director David Tennenhouse.
2 min read · 04 January 2013
The firm formerly called Asset Management Advisors has expanded its business abroad with the acquisition of TBK Investments, which manages $1.5 billion for 60 families in Latin America and Southern Europe.
1 min read · 04 January 2013