Goode Partners has raised $225 million for investments in the consumer sector, one month after adding trendy boutique chain Intermix to its portfolio.
2 min read · 04 January 2013
JC Flowers reportedly sent a letter to its limited partners today telling them they may have to pay $192 million in breakup fees to Sallie Mae.
2 min read · 04 January 2013
KKR is reportedly unlikely to yield much on debt terms.
2 min read · 04 January 2013
Rivenrock Capital has bought Small World Toys out of bankruptcy in yet another distressed play amid tightening credit markets.
2 min read · 04 January 2013
Cerberus portfolio company Aegis Mortgage has filed for bankruptcy – it owes the private equity firm $178 million.
2 min read · 04 January 2013
The Carlyle Group has set up a new team to make investments in central and eastern Europe, a region in which the firm has not made any investments to date.
1 min read · 04 January 2013
Home Depot has agreed to accept $1.8 billion less than previously agreed in the sale of its HD Supply unit to Carlyle, Bain and Clayton, Dubilier & Rice.
2 min read · 04 January 2013
Kentucky Retirement Systems has reportedly committed $275 million to alternatives, including $75 million to an emerging private equity manager programme – a growing trend among public pensions.
1 min read · 04 January 2013
An internal Citi research report finds that 75 percent of pension fund managers plan to increase their allocation to private equity over the next three years, potentially injecting $400 billion into the asset class.
2 min read · 04 January 2013
The Carlyle Group has set up a new team to make investments in central and eastern Europe, a region in which the firm has not made any investments to date.
1 min read · 04 January 2013