Private Equity
Newly-formed energy sponsor Tailwater Capital LLC and secondary fund specialist Landmark Partners have raised $461 million for TW/LM Acquisition LP after the firms announced the formation of Tailwater as a spinoff from HM Capital, according to a filing with regulators and a source familiar with the deal.
2 min read · 03 June 2013
Navigating the collapse of Lehman Brothers, the worst economic downturn since the 1930s, the European debt crisis, the fiscal cliff and other woes, U.S.-based buyout shops still managed to raise $69.8 billion through 206 initial public offerings of portfolio companies from 2007 to May 20, 2013, according to an estimate based on Thomson Reuters data.
6 min read · 03 June 2013
Bessemer Trust Co. has raised $161 million of its estimated $250 million goal for Old Westbury Private Equity Fund XII, its latest fund of funds, according to filings with regulators. The firm is well known for managing money for wealthy families.
2 min read · 30 May 2013
Apollo Global Management LLC, Guggenheim Partners LLC and other sponsors may face tighter regulations on investments in the life insurance and annuity business now that New York State’s chief financial watch dog has vowed to probe increased presence in the industry by buyout shops.
4 min read · 30 May 2013
Bessemer Trust Co. has raised $161 million of its estimated $250 million goal for Old Westbury Private Equity Fund XII, its latest fund of funds, according to filings with regulators. The firm is well known for managing money for wealthy families.
2 min read · 29 May 2013
Bain Capital LLC, Thomas H. Lee Partners and J.P. Morgan Chase Partners would hold shares in healthcare company Warner Chilcott plc valued at about $453 million following the proposed $8.5 billion acquisition of the drug firm by strategic buyer Actavis Inc, suggesting an investment multiple of nearly 4x over the life of the investment.
2 min read · 28 May 2013
Capital Dynamics, the Swiss-based alternative asset management firm, has raised about half of its $750 million target for its new Capital Dynamics Energy & Infrastructure Fund, two sources told peHub.
2 min read · 24 May 2013
Capital Dynamics, the Swiss-based alternative asset management firm, has raised about half of its $750 million target for its new Capital Dynamics Energy and Infrastructure Fund, a source told Buyouts.
2 min read · 22 May 2013
More M&A of deals under $500 mln are being considered this year by executives, an Ernst & Young survey says.
2 min read · 20 May 2013
Merchant bank Kirchner Group and Crestline Investors Inc., a hedge fund secondary buyer with $7.3 billion under management, are teaming up to launch a joint venture aimed at taking over management of so-called zombie funds from their original private equity sponsors.
3 min read · 20 May 2013
