Financial services

Graham Partners sells Infiltrator Water for more than $500 mln

Graham Partners Inc has exited Infiltrator Water Technologies LLC after a near 10-year hold.

Study finds bribery is top LP concern, while social issues rank near bottom

Are North American investors less progressive than European LPs?

PE-backed Univision buys The Root

Private equity-backed Univision Communications Inc, which is expected to go public, has acquired The Root, an African-American news site, from Graham Holdings Co.

Generic drugs generate big return for TPG

TPG Capital, which is out fundraising, stands to make about 7.5x its money with the sale of Par Pharmaceutical Holdings Inc.

Auction is underway for Citi's hedge fund administration unit

Citigroup’s sale of its hedge fund administration unit has launched, sources said.

Siris-backed Digital River puts Beanstream subsidiary on block

Digital River Inc, just months after being bought by Siris Capital Group, has put subsidiary Beanstream on the block, two sources said.

GE Antares sale will shake up middle-market lending

COVER STORY: The pending sale of General Electric Co’s massive GE Antares unit will likely determine the top player in the growing middle-market sponsored finance business. The deal for the marquee lender has been attracting strong interest at an expected price tag of at least $16 billion.

Soundcore Capital launches to invest in Baby Boomer-run companies

Jarrett Turner, who recently launched Soundcore Capital Partners, believes there are “tremendous opportunities” to invest in companies owned by Baby Boomers.

ETF outfit F-Squared goes on the block

F-Squared Investments Inc, the ETF strategist that paid $35 million to settle SEC fraud charges last year, is up for sale, two sources said.

Bidding frenzy for Russell Investments, some bids top $1.4 bln

The London Stock Exchange received 20 bids for its asset management unit, Russell Investments, three sources said.