TA Associates related stories
All articles and analysis
TA-backed GlobeOp forced to pull floatGlobeOp Financial Services, a hedge fund administration business backed by US private equity group TA Associates, has been forced to cancel flotation plans after being hit by a $500 million lawsuit from a disaffected former hedge fund client.
- TA invests $113m in wireless radio company
The Boston firm’s investment will help FreeWave, a manufacturer of wireless radio technology, improve its product line and expand its market reach.
- MDP in biggest asset manager buyout(3)
Chicago-based Madison Dearborn Partners has bought Nuveen Investments, the biggest manager of closed-ended mutual funds in the US, for $5.75 billion. The deal would be the biggest leveraged buyout of an asset manager to date.
- MDP in biggest asset manager buyout(2)
Chicago-based Madison Dearborn Partners has bought Nuveen Investments, the biggest manager of closed-ended mutual funds in the US, for $5.75 billion. The deal would be the biggest leveraged buyout of an asset manager to date.
- MDP in biggest asset manager buyout
Chicago-based Madison Dearborn Partners has bought Nuveen Investments, the biggest manager of closed-ended mutual funds in the US, for $5.75 billion. The deal would be the biggest leveraged buyout of an asset manager to date.
- Jupiter defends use of cov-lite loan
Jupiter Asset Management, a UK fund manager recently bought out by management and TA Associates, has hit back at criticism of the £425 million “covenant-lite” loan it will use to finance the deal. The controversial structure, which was pioneered in the US but is now crossing over into Europe, removes many of the traditional protections for lenders.
- Consortiums eyeing $24bn Alltel deal
US regional wireless carrier Alltel is reportedly in meetings with at least three groupings of major private equity firms: Blackstone and Providence, TPG and Goldman Sachs, and Carlyle and KKR.
- BC Partners in talks to buy £400m Foxtons
European buyout firm BC Partners has entered exclusive talks with UK property firm Foxtons. BC Partners is believed to have fended off private equity rivals TA Associates and 3i to reach the talks alone.
- BC Partners buys Foxtons
BC Partners has bought Foxtons for approximately £400 million (€585 million, $790 million) after a six month bidding process.
- MetroPCS IPO was 13 years in the making(2)
US mobile phone service provider MetroPCS has raised $1.15 billion in its initial public offering – the largest amount raised so far by a US IPO this year and an exit for which some of its investors waited more than a decade.