TPG related stories
All articles and analysis
- UK business grandee joins TPG(3)
Sir Victor Blank, a prominent UK businessman, is returning to his private equity roots with a role as senior adviser to TPG, the global buyout firm.
- Record-setting TXU buyout completed(3)
TPG, KKR and Goldman Sachs have completed the US’ largest-ever buyout in the form of their controversial, $45 billion deal for Texas energy utility TXU.
- Three US pensions approve nearly $2bn in commitments
Despite the slowed LBO market, US pension funds’ private equity appetites are as voracious as ever. Megafunds, mid-market specialists, distressed vehicles, and European and Asia-focussed funds are among the latest recipients of fund commitments.
- Platinum in $304m telecom deal(2)
Tom Gores’ Platinum Equity will add to its already substantial telecom portfolio with the acquisition of Covad Communications.
- Lehman raises $670m for ‘hung bridge’ fund(2)
Lehman Brothers is following the example of Golman Sachs, KKR and others in launching a fund that will pick up deal-related debt at a discount.
- Record-setting TXU buyout completed(2)
TPG, KKR and Goldman Sachs have completed the US’ largest-ever buyout in the form of their controversial, $45 billion deal for Texas energy utility TXU.
- BVCA gives voice to mega funds and mid-market firms
The UK trade association has established two new sector committees that will operate under the BVCA umbrella organisation in a bid better to represent member firms.
- UK business grandee joins TPG(2)
Sir Victor Blank, a prominent UK businessman, is returning to his private equity roots with a role as senior adviser to TPG, the global buyout firm.
- Clearlake leads $125m investment in GoAmerica
Clearlake Capital Partners teamed with Cerberus Capital Management and Churchill Financial to finance two add-on acquisitions for GoAmerica.
- Macquarie consortium in $7.4bn US utility deal(4)
Puget Sound Energy, Washington state’s largest utility company, will be taken private in a $7.4 billion transaction by a consortium including Macquarie, the Canada Pension Plan Investment Board and British Columbia Investment Management Corporation.