China has reportedly approved four new private equity funds dedicated to high priority sectors, less than a year after launching its first private equity fund.
1 min read · 04 January 2013
KPS Capital Partners has exited its position in Blue Ridge Holding, selling the company to the Rank Group for $338 million and a more than 2x return.
2 min read · 04 January 2013
The alternatives-focussed Yale University endowment returned 28 percent this year, up 5.1 percent percent from 2005. The endowment is now valued at $22.5 billion, up 25 percent from 2005.
1 min read · 04 January 2013
Carlyle energy affiliate Riverstone Holdings has hired ex-JPMorgan managing director Elizabeth Weymouth to lead investor relations.
2 min read · 04 January 2013
Subsequent to its acquisition of wealth management firm US Trust, Bank of America has chosen James Bowden, previously head of its fund-of-funds business, to lead its newly enhanced private equity division.
1 min read · 04 January 2013
Campbell’s will explore strategic options for its Godiva Chocolatier business, as the company refocuses on its core products and expands its soups into Russia and China.
2 min read · 04 January 2013
The head of Wilshire Associate's Private Markets Group, Tom Lynch, plans to end his 16 year-career with the advisory firm.
1 min read · 04 January 2013
Bear Stearns Merchant Banking will buy international petroleum transporter MC Shipping for $284 million.
2 min read · 04 January 2013
After years of unsuccessful bids for US news agencies, Ron Burkle's investment firm has acquired a stake in China's Xinhua Finance Media.
1 min read · 04 January 2013
Sheridan Production Partners, founded last September by oil industry vet Lisa Stewart and Warburg Pincus, has held a final close on $1.3 billion for its debut fund.
2 min read · 04 January 2013
