PNC Financial Services Group overview
PNC Financial Services Group contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleChief Investment Officer | LocationPittsburgh, United States | Email |
Job titleChief Diversity Officer | LocationPittsburgh, United States | Email | |
Job titleExecutive Vice President and Chief Financial Officer | LocationPittsburgh, United States | Email | |
Job titlePresident | LocationPittsburgh, United States | Email | |
PNC Financial Services Group fund commitments
Known fund commitments: 10
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager | Commitment date- | Commitment size- | |
Manager | Commitment date- | Commitment size | |
Manager | Commitment date- | Commitment size | |
Stories that mention PNC Financial Services Group
La Caisse suffers significant drops in alternative portfolios
The Canadian pension's private equity platform had a negative 32% return last year, which it blamed in part on two Lone Star funds. It also took large hits on its real estate and infrastructure investments.
Carlyle collects $1bn for ‘bad bank’ fund
The New York-based firm is raising $3bn for its financial services-focused fund. TPG and JC Flowers are also looking to invest in the sector.
MatlinPatterson to invest $250m in ailing bank
The New York-based private equity firm has agreed to buy a 70% stake in Flagstar Bancorp as long as the US government injects $250m from the Troubled Assets Relief Program in the bank.
Bite-sized pieces
A recent large acquisition that included a large amount of debt shows that LBOs are not dead -- they just need more participants to be successful, writes Christopher Witkowsky.
National City balks at financing Kohlberg deal
The Corsair Capital-backed bank has declined to extend $175m in debt for Kohlberg & Company’s acquisition of sports caterer Centerplate. Last month, National City agreed to a $5.2bn government-backed merger with PNC Financial Services Group.
PNC to buy Corsair-backed National City for $5.2bn
Corsair Capital will be made whole on its investment in National City because of an anti-dilution provision, according to a source. The US Treasury will take a $7.7bn stake in the combined entity.
PNC fund does first deals from Fund II(4)
The private equity division of PNC Financial has made its first investments from its second fund with the purchase of delivery company Lone Star Overnight and gas detection equipment manufacturer Bacharach.
PNC fund does first deals from Fund II(3)
The private equity division of PNC Financial has made its first investments from its second fund with the purchase of delivery company Lone Star Overnight and gas detection equipment manufacturer Bacharach.