The Carlyle Group, Thomas H. Lee Group and Bain Capital-backed restaurant franchise will use proceeds from the IPO to pay down debt accrued in part as a result of a dividend recapitalisation last year.
2 min read · 05 January 2013
The hiring of Zhongmin Shen to lead the firm’s China effort was quickly followed up by the announcement of a partnership between Hudson and the Yangzhou Municipal Government Financial Affairs Office.
2 min read · 05 January 2013
The firm launched its third fund last year to invest in mid-market companies in consumer products, and has made steady progress towards its target.
1 min read · 05 January 2013
The Neil Auerbach-led firm (pictured) has hired Zhongmin Shen, who will lead the private equity firm’s China effort, which is expected to include fundraising.
2 min read · 05 January 2013
Several US pension funds have adopted a similar strategy in an effort to cut ties with GPs and eliminate management fees.
2 min read · 05 January 2013
The $15bn pension fund, which currently has $2.8bn committed to private equity, is splitting up its alternatives asset class and looking for managers to run the separate strategies.
1 min read · 05 January 2013
The Mexican private equity firm will focus on buying small companies in the US and moving their manufacturing operations to Mexico.
2 min read · 05 January 2013
Boston-based private equity firm Berkshire Partners has held a final close for its eighth fund on $4.5bn, making it 45% bigger than its previous vehicle.
2 min read · 05 January 2013
The Boston-based private equity firm sold its remaining shares in Cetip, a fixed income securities and over-the-counter derivatives depository, for nearly twice the company’s 2009 IPO price.
1 min read · 05 January 2013
The RMB3.2bn fund’s registration with China’s National Development and Reform Commission will allow Carlyle to manage Chinese social security funds.
2 min read · 05 January 2013
