Fisker Automotive has raised $65m from the Qatar Investment Authority, Kleiner Perkins Caufield & Byers and Palo Alto Investors. The capital will support the development of the company’s four-door, plug-in hybrid sports car.
2 min read · 05 January 2013
The Munich-based private equity firm has sold its majority stake in ZPF therm Maschinenbau after two-and-a-half years to DZ Equity Partners, the Frankfurt-based private equity arm of DZ Bank.
1 min read · 05 January 2013
Laredo Petroleum, launched in 2007 with the backing of Warburg Pincus, has acquired 50,000 acres of natural gas-rich land in Oklahoma.
1 min read · 05 January 2013
Roughly two years after acquiring Jil Sander from Prada, the European retail-focused private equity shop has exited to Italy’s GIBO, a subsidiary of Tokyo-listed Onward Holdings. While owned by Change Capital, Jil Sander's EBITDA grew from negative €13m to €6m.
1 min read · 05 January 2013
The UK turnaround specialist has hired David Wardrop and Tristan Craddock as investment manager and investment executive respectively. The hires grow Rutland’s investment team to 11 as the firm continues to deploy its £320m second fund.
1 min read · 05 January 2013
The publicly-listed firm’s advisory division has tapped former Citigroup banker Ivan Brockman for an office in Menlo Park.
1 min read · 05 January 2013
Riverstone, Carlyle and Grazia and GLG are among the private equity investors that have helped bring Nanosolar’s total capital raised to just less than $500m. Separately, Nanosolar competitor AVA Solar has raised $104m.
2 min read · 05 January 2013
FRS Global, acquired by the private equity firms two years ago, has agreed to purchase Switzerland-based Iris integrated risk management to provide integrated risk and regulatory reporting products. Carlyle made its investment from its €222m European technology fund.
2 min read · 05 January 2013
The buyout firm’s president, Joshua Harris, is relocating to London from New York while former Drexel Burnham colleague Marc Rowan makes the reverse move.
2 min read · 05 January 2013
The technology-focused private equity firm’s offer to buy Aladdin Knowledge Systems, as well as an Israel-based division on which Aladdin asked Vector to bid, was rejected on the basis that it ‘significantly undervalues the company’.
1 min read · 05 January 2013
