The US firm has raised $400 million for its seventh fund, to focus on early stage investments in biotechnology, advanced materials and specialty semiconductors.
1 min read · 04 January 2013
Private equity generated the highest return of VRS’ assets, outperforming the overall fund by 11.6 percentage points.
1 min read · 04 January 2013
Fang’s management of a Yangtze delta-focussed, Suzhou government-backed fund is unlikely to interfere with his work for Goldman, according to an LP source.
3 min read · 04 January 2013
TPG, KKR and Goldman Sachs have completed the US’ largest-ever buyout in the form of their controversial, $45 billion deal for Texas energy utility TXU.
2 min read · 04 January 2013
The Californian firm has closed its first institutional fund, which will make microcap investments in family owned business in the Western US.
2 min read · 04 January 2013
After weathering a turbulent 14-year investment period, Conduit Capital Partners has sold the last assets of its 1993 Latin Power I fund.
2 min read · 04 January 2013
Tom Gores’ Platinum Equity will add to its already substantial telecom portfolio with the acquisition of Covad Communications.
1 min read · 04 January 2013
A seemingly straightforward buyout of baseball trading card company Topps prompted a bidding war peppered with several vitriolic letters and a judicial condemnation.
2 min read · 04 January 2013
Lone Star has finally completed its acquisition of Accredited Home Lenders. It paid $311 million for the mortgage company, a price significantly lower than its original bid.
1 min read · 04 January 2013
Jerome Kohlberg’s firm has acquired disposable tableware maker Hoffmaster from Solo Cup, a portfolio company of Vestar Capital Partners, in a $170 million transaction
2 min read · 04 January 2013