AxleTech International will join the armament and technical products division of defense industry contractor General Dynamics.
1 min read · 05 January 2013
Palladium Equity Partners, Carpenter & Company and FrontPoint Partners have acted as lead investors in Heritage Bank, set to commence operations next week.
1 min read · 05 January 2013
Novolidetsk Steel has terminated its agreement to purchase steel pipe maker and Carlyle portfolio company John Maneely Company. Carlyle filed suit against Novolidetsk on 15 October and continues to pursue legal action.
2 min read · 05 January 2013
The UK buyout firm will exit its majority stake in acrylics-company Lucite after nearly a decade.
1 min read · 05 January 2013
The financial services-focused buyout shop has hired Barrett Ellman Stoddard Capital Partners executive Mark Graf as a member of its growing investment team. Last month, the firm hired former E*TRADE Financial chief executive Mitchell Caplan.
1 min read · 05 January 2013
The firm has closed a venture only fund after having a hybrid private equity and venture model in place since 1991.
1 min read · 05 January 2013
Expect private equity firms in Latin America to target businesses catering to the base of the socioeconomic pyramid, writes Suzanne Weinstock.
2 min read · 05 January 2013
The global private equity firm is looking at ways to assist liquidity-constrained investors, according to the firm’s largest LP, SVG Capital. SVG expects low distribution levels for the next 12 months.
2 min read · 05 January 2013
The $35.8m fund has invested along with one of its portfolio companies in the management buyout of Colombian vehicle leasing company Rentandes.
2 min read · 05 January 2013
The Atlanta, Georgia-based financial services firm has ceased fundraising for its debut venture fund, launched in 2007, due to market volatility.
1 min read · 05 January 2013
