Amid uncertainty over how the government bailout of its parent company will affect its future, AIG Investments closed a deal yesterday with an undisclosed investment in Blue Intercontinental Micro Finance Bank.
1 min read · 05 January 2013
The cleantech start-up’s second financing round, which includes an investment from Bill Gates’ wealth management firm, has pushed its total outside funding to more than $100m. Other investors include ARCH Venture, Venrock and the Wellcome Trust.
2 min read · 05 January 2013
The distressed debt specialist has purchased publicly-listed Nevada Chemicals for $94m while also acquiring CVC-owned Evonik Industries’ North American cyanide activities. Oaktree made the investment from its fourth dedicated private equity vehicle.
1 min read · 05 January 2013
The Dallas-based private equity firm is exiting its remaining stake in Regency Energy Partners in a secondary public offering. It sold most of the midstream natural gas company to GE Financial Services last year.
2 min read · 05 January 2013
Blank cheque company MBF Healthcare Acquisition will pay $12m less for Kohlberg & Company-owned Critical Homecare Solutions, just a month after cutting the initial price tag from $534m to $479m. The SPAC arranged a new financing scheme last month.
1 min read · 05 January 2013
Former MedImmune chief David Mott is the second high-level executive NEA has hired from the Maryland-based vaccine developer since its merger last year.
2 min read · 05 January 2013
Middle market specialist Kohlberg & Company has agreed to pay between $185m and $205m million in equity and assumed debt for Connecticut-based Centerplate.
2 min read · 05 January 2013
The publicly listed fund of funds is now trading at almost a 50 percent discount to NAV. In a statement, the fund says it is “hopeful” that a deal for Lehman’s asset management and alternatives units “will be made within a very short period of time”.
2 min read · 05 January 2013
Confronting an increasingly overweighted private equity portfolio, CalPERS has made $920m in commitments to four private equity funds. Last week, fellow pension giant CalSTRS addressed the denominator effect while disclosing more than $1bn in fresh commitments.
3 min read · 05 January 2013
Lindsay Goldberg’s latest middle market vehicle has garnered a $250m commitment from the public pension giant.
1 min read · 05 January 2013
