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PE Hub Staff

Report: More Real Estate PE Firms Eyeing Distressed

1 min read · 24 February 2009

Flowers Says He Could Accept Dilution of HRE Stake

1 min read · 24 February 2009

OMERS Loses C$8 Billion in 2008

The Ontario Municipal Employees Retirement System (OMERS) reported a 2008 net investment loss of approximately C$8 billion. Its private equity rate-of-return was -13.7 percent.

4 min read · 24 February 2009

Getty Images Completes Jupiterimages Purchase

Jupitermedia Corp. (Nasdaq: JUPM) has completed the sale of its online images business to Getty Images Inc. for $96 million in cash. Hellman & Friedman took Getty private last year for $2.3 billion.

1 min read · 24 February 2009

Metals USA Adds On

Metals USA Holdings Corp., a portfolio company of Apollo Management, has acquired substantially all of the operating assets of VR Laser, a Philadelphia-based metal processor of carbon plate products. Mo financial terms were disclosed. Metals USA is in registration for a $200 million IPO.

2 min read · 24 February 2009

First Nations Capital Buys Able Card Corp.

First Nations Capital Partners has acquired Able Card Corp., a Duarte, Calif.-based maker of plastic cards. No financial terms were disclosed. This is the first transaction for FNCP, which was formed last year as the nation’s first Native American tribe-controlled private equity fund.

3 min read · 24 February 2009

FdG Associates Buys Joseph B. Fay Co.

FdG Associates has acquired a majority stake in Joseph B. Fay Co. No financial terms were disclosed, except that the deal was worth less than $100 million. Joseph B. Fay is a Russellton, Penn.-based provider of construction services for hard-to-reach infrastructure.

4 min read · 24 February 2009

Apax Partners Sells Stake in Management Company

2 min read · 24 February 2009

Alchemy Rules Out LDV Bid

1 min read · 24 February 2009

3i Invests $161 Million in Indian Port

1 min read · 24 February 2009

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