2 min read · 30 March 2010
1 min read · 30 March 2010
Jackson Square Aviation has formed with a $500 million equity commitment from Oaktree Capital Management. The company is led by former Pegasus Aviation and Sky Holding executives, and will provide lease capital to passenger and cargo airlines.
3 min read · 30 March 2010
Mark Anson has joined Oak Hill Investment Management as a managing partner and chair of the firm's investment committee. He previously was with Nuveen Investments as president and executive director of investment services. Before that, he served as CEO of Hermes Pensions Management and as CIO for CalPERS.
3 min read · 30 March 2010
HgCapital has agreed to acquire the talent management software unit of StepStone ASA. The deal is valued at €110 million, and is expected to close next month.
3 min read · 30 March 2010
Ian Goldin has been named non-executive director of UK-based development finance institution CDC Group PLC. Goldin is a former World Bank executive who currently serves as director of the James Martin 21st Century School at the University of Oxford.
2 min read · 30 March 2010
1 min read · 29 March 2010
Pacific Century Group has completed its acquisition of PineBridge Investments from AIG. PineBridge is a multi-strategy investment manager with $87.3 billion in assets, including private equity.
2 min read · 29 March 2010
SunPower Corp. (Nasdaq: SPWRA) has completed its acquisition of SunRay Renewable Energy, a Malta-based developer of European solar energy projects. The deal was valued at approximately $277 million, including $235 million in cash and $42 million in a letter of credit and promissory notes. Last year, SunRay received a $200 million equity commitment from Denham Capital Management.
2 min read · 29 March 2010
CKX Inc. (Nasdaq: CKXE), owner of the "American Idol" TV show franchise, confirmed that it is "engaged in discussions regarding a possible transaction involving the sale of the company." The WSJ reported on Saturday that One Equity Partners was in late-stage negotiations to buy CKX for around $6 per share, which would value the company's equity at approximately $560 million.
2 min read · 29 March 2010
