The Maryland-based private equity firm has appointed long-time investment professional David Steinglass to head its first presence in Asia.
1 min read · 05 January 2013
The boutique investment bank will invest $23m alongside the blank cheque company it sponsored in Iridium Holdings. Robert Niehaus, founder of Greenhill's private equity unit, will become Iridum's chairman if the deal is approved by SPAC shareholders.
2 min read · 05 January 2013
The Oregon Investment Council has committed $100m to Riverstone/Carlyle Renewable & Alternative Energy Fund II and $200m to Alinda’s latest infrastructure vehicle.
2 min read · 05 January 2013
The $160m fund is targeting small to middle market enterprises to plug the financing gap between microfinance and commercial banks.
1 min read · 05 January 2013
Gregory Case has joined middle market-focused LLR, noting that as Apax moved more firmly into mega-market territory, the smaller tech deals he specialised in 'just weren't large enough anymore'.
3 min read · 05 January 2013
The Cerberus-owned home and auto lender has agreed to sell its home services division to the Toronto-based investment firm Brookfield Asset Management.
1 min read · 05 January 2013
Choices Holdings, a portfolio company of the UK branch of Baird Private Equity, has acquired Scotland-based Domiciliary Care.
1 min read · 05 January 2013
The private equity-backed developer of the popular language learning software will use the proceeds to repay $12m debt. Rosetta recently inked an endorsement deal with several US Olympic athletes, including swimming champion Michael Phelps.
2 min read · 05 January 2013
Founder Wesley Edens has said the firm will not pay a third quarter dividend in order to retain capital for ‘tremendous opportunities’ in banks, insurance companies and other asset management businesses.
1 min read · 05 January 2013
KKR, TPG and French energy giant Electricite de France have lost a bidding war with Warren Buffett-led Berkshire Hathaway for the US utility company. The private equity consortium had offered to pay roughly $1.5bn more for Constellation Energy.
2 min read · 05 January 2013
