The seeding arm of the hedge fund of funds has provided a $75m anchor investment in London-based Beechbrook’s first ever vehicle.
1 min read · 05 January 2013
Private equity funds generated an internal rate of return of -1.51% percent for the second quarter of 2008, according to the State Street Private Equity Index.
1 min read · 05 January 2013
ComVest Investment Partners has withdrawn its offer for the Kentucky-based IT firm, roughly six months after Charlesbank Capital balked on the take-private.
1 min read · 05 January 2013
The publicly listed private equity firm, battered by the public markets, has increased the stake the Chinese sovereign wealth fund can own in the firm from 9.99 percent to 12.5 percent.
2 min read · 05 January 2013
The Beverly Hills-based private equity firm has acquired the magazine, which has more than 20 million weekly readers, from media technology company Macrovision Solutions. OpenGate founder and chairman Andrew Nikou formerly managed Platinum Equity's European portfolio.
1 min read · 05 January 2013
The private equity firm has sold its stake in electronics manufacturer ATech elektronica, generating an 18 percent return for investors.
1 min read · 05 January 2013
The Kline Hawkes spin-out, which will target lower mid- market companies with revenues of $2m to $25m, closed the fund amid a difficult fundraising environment for new firms.
2 min read · 05 January 2013
African fundraising soared to unprecedented heights in the first six months of 2008, but the second half of the year may not be as rosy, writes Matt Levin.
2 min read · 05 January 2013
The consumer product-focused firm has elevated Kara Cissell-Roell, 33, to the new role while investing its $325m debut fund.
1 min read · 05 January 2013
Azure Capital Partners, Crosspoint Venture Partners, GRP Partners and others had invested roughly $270m in the online payment system since 2001.
2 min read · 05 January 2013
