The Northern European private equity firm will acquire German engine manufacturer MTU Friedrichshafen and portions of Detroit Diesel in a €1.6 billion deal.
2 min read · 30 December 2012
ING has agreed to sell Steadfast Capital’s €305 million fund to a consortium of private equity investors, but the Dutch insurance company still intends to invest in the Frankfurt-based private equity firm’s next fund.
2 min read · 30 December 2012
O’Melveny & Myers’ loss is Akin Gump Strauss Hauer & Feld’s gain as the latter law firm adds three partners to its New York-based private equity fold.
1 min read · 30 December 2012
The private equity industry in Brazil is at a pivotal point…again. While overall prospects look promising, the local fundraising environment needs to improve before homegrown funds can truly break through to the greener side of the fence. By Judy Kuan.
3 min read · 30 December 2012
Middle market private equity investors in emerging markets are revving up their activities. While this group has historically been largely overlooked by service providers, one newly launched law firm is seeking to fill that gap. By Judy Kuan.
3 min read · 30 December 2012
As the firm seeks to build its reputation in the Asian buyout arena, private equity firm H&Q Asia Pacific has raised two new vehicles with a combined $500m in capital to target larger, later stage investments in the North Asian market.
2 min read · 30 December 2012
The Overseas Private Investment Corporation is turning its attention to Central America and the Caribbean, where the US investment agency will provide up to $45 million to private equity funds targeting these regions.
2 min read · 30 December 2012
In Russia, what some investors view as regulatory hurdles to investing in the banking sector, others interpret as necessary precautions for a developing industry. By Judy Kuan.
2 min read · 30 December 2012
Private equity placement agent Monument Group has established a transatlantic presence, augmenting its Boston-headquartered operations with a new office in London to be headed by co-founder John McLaren.
2 min read · 30 December 2012
Boston-headquartered private equity firm Advent International has confirmed its intention to continue its Latin American investment activities, announcing today the final close on a new $375 million fund targeting the region.
2 min read · 30 December 2012
