Allco Equity Partners has terminated its management agreement with its struggling parent company, a move being disputed in court. Meanwhile, fellow Australian buyout firm Hastings is reportedly planning to separate from its parent, too.
2 min read · 05 January 2013
The global buyout firm also intends to open a second Chinese office in Beijing in 2009.
1 min read · 05 January 2013
Earlier this month, the pension fund struck similar deals with private equity firms, Oaktree Capital and MBK Partners.
2 min read · 05 January 2013
Riyadh-based Amwal Al Khaleej has sold its 49 percent stake in Dubai Contracting one year after it bought the stake.
1 min read · 05 January 2013
Former chiefs of Blockbuster, PepsiCo and Pizza Hut will manage the fund for the Texas mid-market firm.
1 min read · 05 January 2013
Average cash compensation for principals at US buyout funds came in at $885,000, a 4% rise from 2007, while average bonuses grew 6%.
1 min read · 05 January 2013
The fund being raised by CCB International aims to bridge the health inequality gap between the country’s urban and rural populations.
1 min read · 05 January 2013
The Middle Eastern private equity firm will reportedly invest in US and European healthcare companies over the next 12 months.
1 min read · 05 January 2013
The New Zealand private equity firm expects a first close in early 2009 on the fund, which will invest in early stage science and technology companies.
2 min read · 05 January 2013
Part of a larger expansion strategy into infrastructure, Dunia Wright, head of US and Europe for IFM, predicts that the Melbourne-based asset manager will have about 40 infrastructure professionals globally by the end of the year.
2 min read · 05 January 2013
