TPG related stories
All articles and analysis
SAC Private Capital acquires Taiwanese bank at a steep discount(4)SAC Private Capital, the private equity arm of a US hedge fund group, has acquired a control stake in Cosmos Bank at a discount, saving it from government receivership.
- Former Bain execs launch distressed-focussed firm
Prophet Equity, founded by former Bain & Company executives Ross Gatlin and George Stelling, will take its first fund to market in early 2008 with a $250 million hard cap.
- PEC: buyouts better businesses(4)
Burger King, SunGard and AutoZone are three companies that have benefited from private equity ownership, according to a study released by the Private Equity Council.
- TPG to pay ¥20 billion for NIS stake
TPG plans to make its third investment in the Asian financial sector with a ¥20 billion investment in the Japanese lender.
- Mega-fundraisings face cloudy future(3)
Several of the world’s biggest private equity firms are already consulting with LPs about their next funds, but uncertainties about the pace of dealmaking and size of allocations are hampering these efforts.
- Five VC firms inject $225m in telecom startup(3)
Columbia Capital, M/C Venture Partners, Oak Investment Partners, Battery Ventures and Centennial Ventures have committed $225 million in Series A funding for Zayo Bandwidth, a fiber-based network operator.
- PEC: buyouts better businesses(3)
Burger King, SunGard and AutoZone are three companies that have benefited from private equity ownership, according to a study released by the Private Equity Council.
- The Blackstone Group opens office in Tokyo
The Blackstone Group has recently opened an office in Tokyo, headed by Alan Miyasaki, who has moved from New York to spearhead the group’s real estate investment activity.
- Blackstone closes $1.3bn debt fund
The buyout group continues to enhance its debt market activities with closure of its first ever ‘credit liquidity’ fund.
- Cerberus drops $6.2bn ACS bid
Cerberus’ proposed $62 per share buyout of Affiliated Computer Services is the latest LBO to fall apart.