The addition of Lara Sullivan to the team follows the appointment of new partner John Leone and the departure of three partners.
1 min read · 03 January 2013
Cerberus Capital Management has agreed to buy Novi, Michigan-based Tower Automotive, which will file for Chapter 11 bankruptcy with the Southern District of New York next month.
2 min read · 03 January 2013
The California-based firm’s investment has followed the first close of its first discretionary institutional buyout fund, Fairmont Capital Private Equity LP.
2 min read · 03 January 2013
The Boston-based firm has sold MicroDental Laboratories DTI Dental Technologies, which is owned by the New York-based private equity firm HealthpointCapital Partners.
2 min read · 03 January 2013
Former UTIMCO chief investment officer Bob Boldt will lead the new asset management division at the financial services firm.
2 min read · 03 January 2013
In a recently released paper, Josh Lerner is arguing that the US Justice Department’s probe into private equity club deals misses the benefits of such deals.
2 min read · 03 January 2013
The global private equity firm has expanded its emerging markets reach with the close of its €523m New Europe Fund II.
1 min read · 03 January 2013
The New York-based firm has decided to appoint Ford Motor Company veteran Sir Nick Scheele as the chairman of the board of Key Safety Systems.
1 min read · 03 January 2013
Some management team members of HealthSouth Corporation, the parent company of the surgery division to be acquired, will join the newly formed stand-alone surgery company.
2 min read · 03 January 2013
Following its initial public offering on February 9, the New York-based alternative asset manager has seen about a 25 percent premium over its pre-IPO annualized dividend.
2 min read · 03 January 2013
