TPG related stories
All articles and analysis
Bernanke: private equity 'good source of capital' for banksThe Fed chairman is joined by US Treasury Secretary Paulson before Congress in supporting private equity investments in banks.
- Carlyle makes first Turkish investment
The Washington-DC based private equity firm has acquired half of a shipbuilding company in the increasingly popular destination for private equity investment. Carlyle’s entrance into Turkey follows firms such as TPG, KKR and BC Partners.
- 'Falling knife' slices values of high-profile PIPEs
As the stock prices of many financial services companies collapse, Warburg Pincus, TPG and Corsair Capital are suffering publicly due to possibly ill-timed investments in MBIA, Washington Mutual and National City, respectively.
- Report: Huawei shortlists five potential buyers
Five US private equity firms reportedly remain in the running to acquire a stake in the mobile business unit of China’s Huawei Technologies
- Bradford & Bingley hit hard by TPG rejection
The US buyout firm's abandoned cash injection forced an overnight rescue by the lender's existing shareholders, who have been offered similar terms. The share price has fallen below the price of the rights issue.
- Carlyle taps Wachovia treasurer
The global buyout giant continues its high-profile hiring spree with the addition of James Burr to its financial services unit, which is reportedly raising a fund targeting more than $1bn.
- Goldman Sachs, TPG to exit Alltel in $28.1bn sale
Verizon Wireless has agreed to purchase the telecom company less than a year after it was taken private for $27.5bn.
- TPG still in driving seat at B&B
The beleaguered UK lender Bradford & Bingley has turned down an approach from investment firm Resolution. TPG's stake building remains the preferred complement to the mortgage group's rights issue.
- S&P: PIK-toggle notes may be harmful to debt-holders
PIK structures, frequently found in LBO-related debt offerings and currently being exercised by firms including KKR, Bain and Permira, may be staving off inevitable default to the detriment of debt-holders, according to Standard & Poor’s.
- Apax, Madison Dearborn and TA in €1.1bn telecom deal
The private equity firms have purchased shares in Weather Investments, whose mobile phone service subsidiaries include Wind Hellas and Wind Telecomunicazioni.