After successive hurricanes have battered the Southern parts of the US, Stone Point, the team of former Marsh private equity pros, is getting back into the reinsurance business with the acquisition of a Chubb subsidiary.
2 min read · 30 December 2012
JF Lehman & Co. and Norwest Equity Partners are pursuing an infrastructure deal in Hawaii, acquiring two catamaran ferries in a $235m transaction as the initial step toward building the state’s first inter-island ferry service.
2 min read · 30 December 2012
Bain Capital and Thomas H. Lee decided to walk away from their $1.5bn School Specialty acquisition. The two sides had been renegotiating after the senior lenders that had originally committed to financing the deal balked at the end of last month.
2 min read · 30 December 2012
With tensions already high between Corinthian Capital and Lincolnshire Management, Corinthian has poached another pro from Lincolnshire, hiring James McNair, which was made official earlier this week.
2 min read · 30 December 2012
The Gores Group completed its purchase of Avure Technologies, acquiring the maker of high pressure presses from Flow International in a $15.3 million deal.
2 min read · 30 December 2012
Mark Anson’s move from the California Public Employees’ Retirement System (CalPERS) to private investment manager Hermes is a jump many public pension plan heads have made before.
3 min read · 30 December 2012
2 min read · 03 October 2012