Private Equity
The Blackstone Group LP expects to step up its returns to investors this year, but the firm faces challenges in doing new deals, executives said Thursday as the New York mega-firm reported earnings that topped Wall Street’s expectations.
3 min read · 31 January 2013
1 min read · 29 January 2013
Earlier this month Buyouts contributor Katie Roof caught up with Kevin Sheehan, CEO of Norwegian Cruise Line, just after it priced its IPO on January 17. The company is backed by Apollo Management Group and TPG Capital.
3 min read · 29 January 2013
Mary Jo White has built an extensive record as a federal prosecutor and criminal defense attorney, but little in her background provides an indication how she will approach questions involving private equity if she becomes the chairwoman of the Securities and Exchange Commission. That said, she did play a prominent role in one portfolio company’s struggles.
3 min read · 29 January 2013
2 min read · 28 January 2013
2 min read · 28 January 2013
Chicago Growth Partners seeks to build an international payments business by enabling micro-merchants to transact online across national borders, Devin Mathews, a managing partner, told Buyouts.
3 min read · 24 January 2013
Perhaps Providence Equity Partners Inc. and The Carlyle Group LP did well to get out before things got worse for portfolio company Open Solutions Inc., sister magazine Buyouts reported.
3 min read · 23 January 2013
Perhaps Providence Equity Partners Inc. and The Carlyle Group LP did well to get out before things got worse for portfolio company Open Solutions Inc. The buyout firms sold the beleagured bank-tech vendor on Monday to one of the industry’s leaders, Fiserv Inc., in a $1.015 billion deal.
2 min read · 16 January 2013
1 min read · 14 January 2013