TPG related stories
All articles and analysis
Carlyle- and GS-backed Cobalt eyes $1bn listingThe oil and gas exploration platform, created in 2005 by a consortium including Carlyle, Goldman and First Reserve, hopes to fund its exploration activities despite having ‘no proved reserves’.
- Carlyle closes second Turkish deal
The private equity firm has purchased a 40% stake in the country’s second largest healthcare services company, Medical Park.
- Australian IPOs bring mixed signals
Although the recent listings of Myer Group and Kathmandu Holdings are signs the IPO market is opening up in Australia, they give mixed signals to the private equity industry.
- TPG, AMR offer $1.1bn for Japan Airlines
TPG is once again targeting a struggling airline, having teamed with American Airlines on a joint bid to restructure JAL. Rival US-based carrier Delta is also bidding.
- Restructuring looms large
Portfolio problems are keeping Australian general partners occupied.
- Shanks Group surges on £536m Carlyle bid
Despite a significant bid premium, the listed waste management business has said a better offer is needed.
- New Mexico cuts commitment to Sun Capital V
The pension will reduce its commitment to the $6bn fund raised in 2007 by the maximum allowed amount.
- Hony sells mobile unit stake for 2x
Hony Capital is selling back its 40% stake in Lenovo Mobile to the Lenovo Group, having originally invested $45m.
- Southeastern promises
Southeast Asia's potential deal landscape is often overlooked by regional fund managers that find it 'easier to invest in China or India', writes Siddharth Poddar.
- Illinois Universities invests $120m in ‘toxic assets’
The US pension is the latest to join the government’s programme meant to jumpstart the credit markets, which CalPERS has said it will not join.