Private Equity
Starwood Capital Group said Monday it raised $4.2 billion with latest global fund. The Greenwich, Conn. private investment firm focuses on real estate globally.
3 min read · 15 April 2013
Susan Kasser has joined Neuberger Berman as an MD and head of private debt at Neuberger Berman Alternatives. Kasser joined Neuberger Berman in March and is based in New York. Most recently, Kasser was with the Carlyle Group, where she was a founding member of Carlyle Mezzanine Partners.
2 min read · 15 April 2013
In the private equity world, how fast is fast? KPS Capital Partners needed less three months to raise its most recent fund, which collected $3.5 billion.
2 min read · 15 April 2013
Madison Dearborn Partners has agreed to buy National Financial Partners in a deal valued at about $1.3 billion. Terms of the deal call for NFP shareholders to receive $25.35 in cash for each share of NFP common stock they own. Deutsche Bank Securities, Morgan Stanley Senior Funding and UBS Securities are providing debt financing. NFP is a benefits, insurance and wealth management business. BofA Merrill Lynch advised NFP's board while UBS acted as financial advisor to Madison Dearborn.
5 min read · 15 April 2013
AUA Private Equity, which is officially out fundraising for its debut pool, hopes to hit a $70 million to $100 million first close in June, sources tell peHUB.
2 min read · 15 April 2013
BlackArch Partners has opened a regional office in Houston. John Bresnahan, a former Duff & Phelps Securities MD, is joining to build out the Houston office. BlackArch is a middle-market investment bank based in Charlotte, N.C.
3 min read · 15 April 2013
Motif Investing has raised an additional $25 million in financing from a group of investors including Goldman Sachs & Co. and existing Motif investors Foundation Capital, Ignition Partners and Norwest Venture Partners. San Mateo-based Motif is an online broker. Darren Cohen, Managing Director of Principal Strategic Investments at Goldman, is joining Motif's board as an observer.
3 min read · 14 April 2013
To end your week, we have tips on how to make your iPhone battery last longer, Lucky Brand and Juicy Couture are getting PE interest and the artic will be ice-free by 2050.
1 min read · 12 April 2013
Deal values may have rocketed 88% in first quarter, but April is not showing a similar trend.
2 min read · 12 April 2013
Apollo Global Management said Friday it priced ALME Loan Funding 2013-1, a €325 million (US$426 million) Collateralized Loan Obligation. ALME-1 is Apollo's first European CLO and it will invest in corporate leverage loans.
2 min read · 12 April 2013
