1 min read · 16 December 2009
Neuberger Berman said that its private equity secondaries team has acquired a portfolio of 21 private equity investments from a European family office. The deal was valued at approximately $200 million.
3 min read · 16 December 2009
Mike Franks has joined First Republic Bank as a managing director in the firm's Silicon Valley office. He previously was with Silicon Valley Bank as a managing director and direct or private equity services.
2 min read · 16 December 2009
1 min read · 16 December 2009
2 min read · 16 December 2009
Sterling Partners and CPP Pension Plan have increased their offer to acquire Canadian logistics services provider Livingston International Income Fund (TSX: LIV), from C$8 per share to C$9.50 per share. The total deal value is now around C$273 million. Sterling would hold a 60% stake following the transaction, with CPP holding the remainder.
4 min read · 16 December 2009
The Nielsen Company, a New York-based media company whose shareholders include Blackstone Group and KKR, has agreed to sell its theater ticket sales data unit (Nielsen EDI) to Rentrak Corp. (Nasdaq: RENT). The deal reportdly is valued at $15 million in cash.
3 min read · 16 December 2009
Steven Gold has joined Alvarez & Marsal as a Chicago-based managing director. He previously was an operating partner at Stone Tower Capital and chief supply chain officer for PepsiCo.
3 min read · 16 December 2009
Earth Capital Partners has held a first close on its debut renewable energy infrastructure fund, which will support solar, biogas and biomass projects in Europe, the Middle East and North Africa. The total fund target is €750 million, although ECP did not give a figure for the first close.
1 min read · 16 December 2009
2 min read · 16 December 2009
