An investor group has completed the purchase of ConAgra Foods’ commodity trading group in a deal including $2.2bn in cash.
1 min read · 04 January 2013
Ascentia Wine Estates, in which GESD Capital Partners in a principal investor, has acquired eight vineyards alongside wine importer WJ Deutch & Sons and CalPERS-backed Golden State Investment Fund.
1 min read · 04 January 2013
Verizon Wireless has agreed to purchase the telecom company less than a year after it was taken private for $27.5bn.
1 min read · 04 January 2013
PIK structures, frequently found in LBO-related debt offerings and currently being exercised by firms including KKR, Bain and Permira, may be staving off inevitable default to the detriment of debt-holders, according to Standard & Poor’s.
2 min read · 04 January 2013
Mexican VC IGNIA’s first fund, targeting up to $75m, will seek to create social impact throughout Latin America without sacrificing returns.
2 min read · 04 January 2013
African Global Capital, a private equity fund backed by Och-Ziff, Palladino Holdings and Mvelaphanda Holdings, has agreed to up its stake in Coal of Africa from 9.1 percent to 26.4 percent for £138.75 million.
2 min read · 04 January 2013
A group of private equity investors has committed to backing the launch of Sixth Gear Solutions, with an initial capitalisation of $1bn.
1 min read · 04 January 2013
The private equity secondaries firm has hired a chief of its Hong Kong office which opened in August 2007.
1 min read · 04 January 2013
Guggenheim Capital Markets, a subsidiary of Guggenheim Partners, has expanded its fixed income offerings with the launch of a ‘whole loan’ group.
1 min read · 04 January 2013
The German buyout firm has agreed to sell its majority stake in ersol Solar Energy, netting €14m for investor HarbourVest Global Private Equity Trust.
2 min read · 04 January 2013
