The Wall Street titan reported a slight dip in its alternative assets, which a spokesperson has clarified will be liquidated over the next 10 years as per normal operating procedures.
2 min read · 05 January 2013
A consortium of private equity firms has acquired Xe, the controversial private military contractor once known as Blackwater.
2 min read · 05 January 2013
In a deal more than quadrupling the volume of private equity investment in the Middle East, Abraaj has taken a 49% stake in Network International.
1 min read · 05 January 2013
The France-based private equity firm has made a 3x return on the dessert platform it built up.
2 min read · 05 January 2013
The Dubai-backed private equity outfit has reached agreement over key financial terms with its creditors amid a shakeup in its senior management.
1 min read · 05 January 2013
The industry nearly doubled the value of last year’s deals in the first 10 months of 2010 alone, with the upwards trend set to continue to the end of the year.
2 min read · 05 January 2013
Ken Spain, former National Republican Congressional Committee spokesman, will focus on public affairs and communications for the Private Equity Growth Capital Council.
2 min read · 05 January 2013
The soon to be independent private equity unit of Barclays has completed its second exit in two weeks.
1 min read · 05 January 2013
Governments around the world are finalising rules to mitigate private equity's future potential risk to the global economy.
8 min read · 05 January 2013
The European firm has hired former Inchcape executive Immo Rupf and former Bain Capital executive Ivan Kwok.
1 min read · 05 January 2013