Private Equity
Lone Star's search for an exit from KEB resumes, following a year of regulatory hurdles and court cases that held up the HSBC deal. This is the second time Lone Star has had a deal for its KEB stake fall apart.
2 min read · 05 January 2013
BTS Investment Advisors is backing the growth plans of Sai Sudhir Infrastructures with the sixth investment from its $80m fund.
2 min read · 05 January 2013
KKR, TPG and French energy giant Electricite de France have lost a bidding war with Warren Buffett-led Berkshire Hathaway for the US utility company. The private equity consortium had offered to pay roughly $1.5bn more for Constellation Energy.
2 min read · 05 January 2013
Amid uncertainty over how the government bailout of its parent company will affect its future, AIG Investments closed a deal yesterday with an undisclosed investment in Blue Intercontinental Micro Finance Bank.
1 min read · 05 January 2013
The private equity firms are reportedly in discussions to buy Lehman’s investment management unit, which includes its $30bn private equity portfolio. The price of the investment management arm, around $5bn last week, may come down after Lehman’s bankruptcy filing today.
1 min read · 05 January 2013
The UK government-backed cleantech investor has co-invested with British firm Catapult Venture Managers in 4energy, a producer of efficient refrigeration devices for industrial electronic equipment.
1 min read · 05 January 2013
As British bank Barclays snaps up Lehman’s core investment banking businesses, the fate of the bankrupt bank’s investment management division and private equity portfolio has yet to be sealed. Reports that CVC is bidding for the investment management division are false, PEO has confirmed.
1 min read · 05 January 2013
The cleantech start-up’s second financing round, which includes an investment from Bill Gates’ wealth management firm, has pushed its total outside funding to more than $100m. Other investors include ARCH Venture, Venrock and the Wellcome Trust.
2 min read · 05 January 2013
Magnesita, a company backed by Brazilian private equity firms GP Investments and Gavea, will buy Rhone Capital's LWB Refractories in a deal including €277m in equity.
2 min read · 05 January 2013
The Paris-based firm, which counts among its LPs some of the first Moroccan-based private equity investors, raised a €50m fund in March.
2 min read · 05 January 2013
