Hazem Shawki, Kashif Siddiqui and Walid Zein have worked together at Goldman for more than six years and are now going to help the Egyptian bank invest its third MENA fund.
2 min read · 04 January 2013
The consortium will contribute roughly equal portions of equity for the Atlanta-based cable network, valued at roughly $3.5 billion. NBC will try to integrate the network's television and online properties into its own media platforms.
2 min read · 04 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 04 January 2013
The middle-market buyout firm has acquired Broadlane, a provider of medical equipment and labor contracting services to the healthcare industry.
1 min read · 04 January 2013
The $82bn Washington State Investment Board, known for its bullish stance on alternatives, had a -2 percent first quarter return on its private equity portfolio, slightly outperforming its benchmark. Executive Director Joseph Dear tells PEO, ‘we’re in this asset class to stay’.
2 min read · 04 January 2013
The Marsh & McLennan spin-out has acquired a 51 percent stake in quoted Fiserv’s insurance technology division.
1 min read · 04 January 2013
Sterling Investment Partners has acquired Miller Heiman three years after the company was purchased by politically-connected education specialist Leeds.
2 min read · 04 January 2013
Kayne Anderson Energy Funds is also part of the consortium that has made an all-equity purchase of oil pipeline specialist Crestwood Midstream Partners.
2 min read · 04 January 2013
The state’s legislature has increased the Florida State Board of Administration’s allowable allocation to private equity and venture capital from 5 percent to 10 percent. The pension fund is also launching an infrastructure platform.
1 min read · 04 January 2013
Paint and coating supplier PPG has agreed to the divestment of its auto glass business for $330m in cash and equity, roughly $170m less than the price tag on a failed Platinum Equity deal still in court.
2 min read · 04 January 2013
