TPG related stories
All articles and analysis
Boris Johnson praises private equityMayor of London Boris Johnson said that private equity was ‘absolutely vital’ to the UK economy, at the opening of a private equity-funded East London community centre this Friday. Johnson was speaking to an audience of volunteers from private equity firms, charity sector representatives and local residents.
- PCCW cancels $2.5bn auction
MBK, Macquarie, TPG and Providence were reportedly bidding on the telcom company, which represents the second Asian deal to be scuppered in recent days.
- Oaktree partners with Korean pension
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
- Huawei cancels plans for $2bn mobile unit sale
What was expected to be a battle between Bain and Silver Lake for one of the largest-ever private equity deals in China has been put on hold. Huawei decided to halt the sale of its mobile phone unit, a division valued at $4bn, due to uncertain global market conditions.
- Private equity buyouts decrease, shrink in size in 2008
Difficult financing conditions continued to soften global buyout activity for private equity firms, with deal volumes plunging 72 percent in the first nine months of 2008. The oil and gas and mining sectors as well as Japan, India and the Middle East remained bright spots.
- Napoleon in winter
Every PIPE is different, but today's disasters bear an important resemblance to the tech PIPEs of yesteryear, writes David Snow.
- Report: JC Flowers suffers $2bn write-down
The financial services-focused firm has reportedly had to write down a large portion of its most recent fund's investments by 30 percent. Meanwhile, the fate of its investment in Hypo Real Estate is unclear, as the struggling German company agreed to a $68bn state-backed bailout plan Sunday.
- An expensive lesson
History should judge TPG’s $1.3bn WaMu loss not for its size but for its miscalculation of risk, writes Cezary Podkul.
- Corsair-backed National City stock plunges 63%
The Midwest regional bank’s trading price has tumbled following the collapse of the proposed $700bn federal bailout plan.
- Insiders argue new US banking rules not 'panacea' for private equity
Relaxed guidelines for US banking sector investments will likely encourage more private equity deals, but some insiders, including Belvedere Capital founder Richard Decker, say they won't necessarily 'open the floodgates to private equity'.