Providence Equity Partners related stories
All articles and analysis
Linden hires Providence execThe firm has added two operating executives this year, bringing its team of operating partners to nine.
- Louisiana Teachers’ commits $150m in re-ups
The $14.5bn retirement system is targeting between $300m and $400m in commitments to five or six funds in 2013.
- Teachers’ Private Capital returns 18.6%
The C$130bn pension system’s private equity arm completed 13 direct investments in 2012 and continued making fund commitments to buyout, growth and venture capital funds.
- Sovereign books 5.3x on education provider
It is understood Sovereign attracted interest from The Carlyle Group, Investcorp and Providence Equity Partners, but sold WCL to Nord Anglia Education for £153m.
- Providence hires Goldman executive
The appointment of Renée Beaumont, a former managing director at Goldman Sachs, comes as Providence is expected to hold a $5bn final close on its Fund VII next month.
- Western investors weigh in on Asian markets
Several private equity executives speaking at the Milken Institute Conference in LA provided a candid Western perspective on Asian markets and the issues surrounding investment.
- Providence's Asia team suffers another departure
Patrick Corso has stepped down from the firm’s Hong Kong office, Providence’s fourth senior-level departure in the region since 2008.
- Long-time IR head exits Providence
13-year Providence veteran Julie Fisher has left as the firm has expanded its IR operation into a multi-asset, global team headed by a former Goldman Sachs executive hired in May.
- Judge dismisses Providence and Apollo from collusion case
With the removal of the two mega private equity firms, eight others remain accused of colluding to keep deal prices low during the credit bubble era.
- Providence reaches finish line on Fund VII
The Jonathan Nelson-led firm, which hit the $5bn mark as expected on its latest flagship vehicle, continues to raise capital for its third debt-related fund.