TPG related stories
All articles and analysis
Avaya to pay $915m for Nortel assetsThe Silver Lake- and TPG-backed company won out over a joint venture between Siemens and The Gores Group, despite protests from creditors including MatlinPatterson.
- PAI may cut Fund V by up to €2.7bn
Funds committed in 2007 ‘have to be sensibly reduced in 2009’, according to the new head of the European buyout house, Lionel Zinsou.
- TPG, Newbridge, GA reap $133m in Lenovo share sale
The sale marks the second time the firms have sold shares in the Hong Kong-listed computer maker, having long ago made back their original $350m investment.
- Advent hires ICICI Venture pro for India
Shweta Jalan has joined Advent's fledgling Indian operations. The hire follows six additions to its operating partner programme in the past three weeks.
- TPG-owned Myer readies for IPO
The global buyout firm has reportedly hired three banks to lead the IPO of Australian department store Myer Group, which it acquired alongside the Myer family office in April 2006.
- TPG's Myer moves closer to A$3bn IPO
The retail chain is expected to launch Australia's largest public listing in two years.
- Energy Capital launches midstream platform
The Goldman spin-out's Summit Midstream Partners has bought a 75% stake in a Texas gas gathering pipeline developer from KKR-, TPG- and Goldman-backed Energy Future Holdings.
- Limited partners: limited appetite
Fundraising for Asia-focused funds may have stalled, but it has less to do with Asia than it has to with a slowdown in the pace of investments globally, writes Siddharth Poddar.
- Sun Capital LPs ask to reduce commitments
A group of LPs has asked Sun Capital for the ability to shrink commitments to its $6bn fifth fund because of ‘liquidity issues’ and asset allocation imbalances.
- KKR-backed Capmark eyes bankruptcy after $1.6bn loss
A Capmark bankruptcy could lead to one of the biggest private equity losses ever. KKR, Five Mile Partners and Goldman Sachs invested $2.1bn in equity in the company in 2006.