Average high bids for private equity fund interests fell to 61% of NAV in the five months through November 2008, driven by stale holding values, according to Cogent Partners.
2 min read · 05 January 2013
The telecom company has filed a lawsuit against Ontario Teachers’ Pension Plan, Providence Equity Partners and Madison Dearborn Partners arguing that it is owed payment following the consortium’s cancellation of the agreed C$52bn take-private.
1 min read · 05 January 2013
The city pension system has halved its earlier proposed 2009 target allocation to private equity due to overweighting.
1 min read · 05 January 2013
The death of the BCE deal marks the end of one cycle but signals hope for another, writes Suzanne Weinstock.
2 min read · 05 January 2013
The emerging markets private equity firm has purchased preferred stock in El Salvador-based PL Movil to fund the company’s expansion into Costa Rica.
1 min read · 05 January 2013
An increase in US deal flow is dependent on the credit markets even as private equity firms are bullish on valuations, according to Ernst & Young.
1 min read · 05 January 2013
Former investment banking vice president Keith Koeneman has set up a solo private equity firm that is actively looking at several investments for which the firm will raise capital on a deal-by-deal basis.
1 min read · 05 January 2013
Macrovision has divested the TV Guide Network and TV Guide Online in a sale to the JPMorgan unit two months after selling TV Guide Magazine to private equity firm OpenGate Capital for $1.
1 min read · 05 January 2013
Belgian private equity firm Gimv has exited its 2004 investment in Sfinc by selling its majority stake to an AXA-led consortium. Sfinc produces and distributes spices, marinades and food ingredient blends for food processing companies.
1 min read · 05 January 2013
Topspin Partners LBO, the buyout-focused successor to venture and buyout investor Topspin Partners, has made its second investment in IDS Sports. The firm closed its debut buyout fund on $132m in July.
1 min read · 05 January 2013
