Thomas H. Lee Partners related stories
All articles and analysis
TH Lee targeting approximately $4bnThe Boston-based firm is targeting substantially less than the $10.1bn it raised for Fund VI and co-investments in 2007, though expects to deploy the next vehicle over a shorter period of time.
- PE collusion case continues
A federal judge refused to dismiss a case alleging some of the world’s top LBO firms colluded on mega-deals made during the industry’s golden era, but said plaintiffs have fallen short of proving an overarching conspiracy.
- Linden hires Providence exec
The firm has added two operating executives this year, bringing its team of operating partners to nine.
- The 2013 PEI 300: Bye-bye boom years
Our Research & Analytics team’s exclusive like-for-like ranking of private equity direct investment programmes suggests the mega-firms are not quite as dominant as they once were.
- 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.
- Warburg and THL sell stakes in Sterling Financial
Umpqua Holdings will acquire Sterling Financial for $2bn and merge the company into a single entity under the Umpqua Bank name. Warburg and THL will receive a combination of cash and Umpqua shares as a result of the deal.
- Thomas H Lee dismissed from collusion lawsuit
Seven mega-firms remain on trial in the long-running US case.
- Thomas H Lee vice chairman steps down
Scott Schoen, vice chairman of US buyout group Thomas H Lee Partners, has stepped down from his position but will remain an advisor to the Boston-based firm.
- Friday Letter: Four paths to Asia
Everyone in Western private equity now appears to agree that an “Asian strategy” is indispensable to future growth. What is not yet clear, even after two decades of Western private equity presence in Asia, is which path to Asia is best. Let’s review the contenders.
- Friday Letter: Mind that float
For private equity firms, exits via IPO can be great. A successful floatation of a portfolio company at an attractive valuation will get the champagne corks popping, especially if the share price climbs in the aftermarket.