Cerberus Capital Management is letting its investors sell their stakes in Remington Outdoor and will take the gun maker out of its main private equity funds and put it into a separate financial entity, the New York Times reported.
1 min read · 18 May 2015
Ride-sharing company Lyft Inc said it raised $150 mln, led by a $100 mln investment from activist investor Carl Icahn's Icahn Enterprises LP.
1 min read · 15 May 2015
High-profile oil and gas executives are teaming up with private equity funds seeking to invest billions in British North Sea assets and maximize profits by cutting costs, offering the aging basin a badly needed lifeline, Reuters reported.
3 min read · 15 May 2015
Pimco's global equities Chief Investment Officer Virginie Maisonneuve is leaving after less than a year and a half as the bond investment giant narrows its stock-investing focus, it said on Thursday.
2 min read · 15 May 2015
African investment heavyweight Brait SE said it will pay $1.2 billion for virtually all of budget clothes retailer New Look, giving it a substantial presence in Britain's fiercely competitive fashion retail market.
2 min read · 15 May 2015
Bank of America Merrill Lynch has formed a new unit called the strategic & private capital solutions group, which will focus on raising money for private companies, according to an internal memo seen by IFR.
1 min read · 15 May 2015
Hedge fund Magnetar Capital said Blackstone Group LP (BX.N) has bought a minority interest in it for an undisclosed sum.
1 min read · 15 May 2015
Two female venture capitalists have raised $150 million for their debut fund, bolstering the standing of the women in an industry that has come under intense criticism for its boys-club approach, Reuters reported.
2 min read · 14 May 2015
Telecommunications tower operator Crown Castle International Corp (CCI.N) said it would sell its majority-owned Australian unit, CCAL, to a group of investors led by Macquarie Infrastructure and Real Assets for about $2 billion in cash.
1 min read · 14 May 2015
Private equity firm 3i reached the end of a three-year restructuring with strong earnings growth at its portfolio companies, helping it post a full-year return on investment of 719 million pounds ($1.1 billion), Reuters News reported.
2 min read · 14 May 2015
