The New York State Common Retirement Fund committed $550m in January, as the state’s comptroller has called for more flexibility in potentially increasing alternative investments.
2 min read · 05 January 2013
The New York-based private equity firm’s hiring of Gerard Errera, following a wave of layoffs in December, is intended to bolster its transactions in France. Errera served as the secretary general of the French Ministry of Foreign Affairs and the French ambassador to the UK.
1 min read · 05 January 2013
The €81m merger of Snell & Wilcox and Pro-Bel, two of Europe’s biggest broadcast technology companies, will give both private equity firms a 20% stake in the combined entity and provides a partial exit for Advent.
2 min read · 05 January 2013
The New York-based private equity firm is helping to fund the acquisitions strategy of dental company GeoDigm, as the healthcare sector gains ground on the S&P 500.
2 min read · 05 January 2013
The deal by the Los Angeles-based firm to purchase Delphi’s steering operations for $190m fell through after the two sides couldn’t come to terms, with General Motors now agreeing to acquire the business.
2 min read · 05 January 2013
The firm is buying Florida-based Gevity HR to expand its human resources portfolio company TriNet.
1 min read · 05 January 2013
The US mega-firm, which has recently pledged to adopt socially responsible investment strategies, says three of its portfolio companies have saved more than $16m through green policies, with other portfolios set to follow.
2 min read · 05 January 2013
Kohlberg Kravis Roberts’ appointment of Lewis Eisenberg, part of its recent expansion, is intended to help strengthen infrastructure operations and investor relations.
2 min read · 05 January 2013
The mega-firms are reportedly among potential buyers for $3bn-worth of assets including 2.1 million wireless subscribers in 22 US states. Last month, TPG and Goldman Sachs completed their sale Alltel to Verizon, booking $1.3bn in profit.
1 min read · 05 January 2013
Fund managers should keep a few things in mind as they face a surge in information requests from LPs, writes Kevin Ley.
2 min read · 05 January 2013
