Harvard Management Company, which manages the Ivy League school's $32.7 billion endowment, said on Monday it promoted Lane MacDonald to oversee its private equity investments.
2 min read · 21 October 2013
A Saudi-based investment firm is planning to launch a first-of-its-kind private equity fund in the Middle East that will solely focus on investment in the fast-growing education sector in the Gulf Arab region, its top executive told Reuters.
2 min read · 21 October 2013
British private equity group Charterhouse Capital Partners CHCAP.UL is mulling making a 1 billion pounds ($1.6 billion) offer for G4S's cash-solutions business, according to Bloomberg.
1 min read · 21 October 2013
Russian entrepreneur Oleg Tinkov's consumer credit provider TCS is aiming to raise around $1.1 billion in its London flotation - higher than the $870 million previously expected, a financial market source told Reuters.
1 min read · 21 October 2013
German books to cosmetics retailer Douglas is in exclusive talks to buy French perfumery chain Nocibe, writes Reuters. The transaction is part of plans by Douglas to expand its perfumeries business.
1 min read · 21 October 2013
Private-equity backed renewable energy generator Infinis Energy plans to list at least 30 percent of its shares in London next month, writes Reuters. The company, which operates 147 power generating plants across the UK, said majority shareholder Terra Firma would reduce its stake as part of the sale.
1 min read · 21 October 2013
Private-equity backed Merlin Entertainments plans to sell at least 20 percent of its shares in an initial public offering in London, writes Reuters. Merlin, the owner of Madame Tussauds and Legoland, said it would raise 200 million pounds ($323.8 million) from the sale of new shares to reduce debt. Its owners, the Danish investment company Kirkbi that controls Lego Group and private equity firms Blackstone Group and CVC, will also sell some of their holding.
1 min read · 21 October 2013
Bonmarche Holdings, the clothing retailer focused on women over 50, plans to list shares on London's Alternative Investment Market (AIM), it said on Friday, less than two years after it was bought out of administration by a private equity firm, Reuters reported.
1 min read · 18 October 2013
Shares of Voxeljet AG, a German maker of commercial 3D printers that created Aston Martin copies for a James Bond film, doubled in their market debut as investors sought shares in an industry out to change the way products are designed and made, Reuters reported.
3 min read · 18 October 2013
- Hutchison Whampoa (0013.HK: Quote, Profile, Research, Stock Buzz), controlled by Asia's richest man, Li Ka-shing, has scrapped a plan to sell its Hong Kong supermarkets business, ParknShop and will instead focus on expanding in China, Reuters reported.
2 min read · 18 October 2013
