The publicly listed alternative asset manager will later this year raise private equity funds for US and European developed infrastructure, as well as cleantech and renewable energies as the market for Blackstone’s core private equity business remains challenged.
2 min read · 04 January 2013
The $38.4bn retirement system has approved a commitment to the distressed debt specialist as well as a tactical plan for re-evaluating its real estate strategy.
1 min read · 04 January 2013
The private equity mega-firms have agreed to purchase some $8bn in debt from Royal Bank of Scotland in addition to $5bn in debt related to the $18bn buyout of Clear Channel by Bain Capital and Thomas H Lee.
2 min read · 04 January 2013
The mid-market private equity arm of UK bank Barclays has gained shareholder approval for the €15.50 per share buyout of Munich-based IT distributor Computerlinks.
1 min read · 04 January 2013
The longtime head of DLJ Merchant Banking told The New York Times yesterday that he left the firm in part as the result of an online smear campaign’s impact on both the firm and his family. The attack was launched by the ex-husband of Rattner’s former mistress.
2 min read · 04 January 2013
The buyout firm has tacked on 7.5 million shares to its registration for a public float on the New York Stock Exchange and revealed that Fund VII is less than $1bn short of its $15bn target.
2 min read · 04 January 2013
The information technology- and life sciences- focused venture capital firm has closed its 10th fund, with the goal of investing in approximately 60 early-stage US companies.
2 min read · 04 January 2013
The buyout firm, set to list on the New York Stock Exchange later this year, has added John Bryson, former Edison International chairman and chief executive, as senior advisor for its infrastructure initiative. KKR announced its infrastructure initiative in May and is reportedly raising a $5bn infrastructure fund.
2 min read · 04 January 2013
The boutique investment bank founded by UBS veteran Ken Moelis has added Fortress managing director Greg Share to its private equity team. The firm’s debut fund, which held a first close on $1.8bn last September, will complete fundraising in ‘the next few months’.
2 min read · 04 January 2013
Iconic dealmakers Leon Black and Bruce Wasserstein will join forces through a strategic partnership to pursue private equity investments in Europe bringing together Apollo’s private equity prowess with Lazard’s advisory expertise.
2 min read · 04 January 2013
