Sushil Cheema
A new study by the economic and financial information provider Global Insight shows how venture capital-backed companies have positively affected employment rates and revenue generation across industries in the US.
The New York-based buyout firm has made another retail investment with its sixth fund with the purchase of Claire’s Stores.
GS Vintage Fund IV, a fund of the company’s asset management private equity group, will focus on the secondaries market.
The San Francisco-based firm has made plans to combine California-based Fast Cash Stores with current portfolio company California Check Cashing Stores.
The Boston-based firm has sold MicroDental Laboratories DTI Dental Technologies, which is owned by the New York-based private equity firm HealthpointCapital Partners.
The global private equity firm has expanded its emerging markets reach with the close of its €523m New Europe Fund II.
GE Capital plans to buy financial services company PHH Corporation for $1.8bn and sell one division to Blackstone.
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.
In addition to hiring of C. Michael Armstrong, the New York-based Schroder affiliate has added two managing partners and two associates to its staff.
Tamara Mellon, the founder and president of Jimmy Choo Limited, will join the board of the newly acquired fashion house Hilco.