TPG related stories
All articles and analysis
PE pros fill Forbes 400More than two dozen of this year's 400 richest US citizens owe their fortunes to private equity.
- Behrman makes 3.6x return on research labs(3)
New York- and San Francisco-based Behrman Capital has sold WIL Research Laboratories for $500 million, earning a 3.6x return.
- Citi makes two Turkish venture investments(2)
The venture capital business of Citi Alternative Investments has bought stakes in two Turkey-quoted retail companies as it seeks to increase its exposure to the region.
- TPG has biggest deals pipeline
US buyout firm TPG Capital has the largest number of deals outstanding at the moment, according to data provider Dealogic. A source familiar with the firm’s TXU transaction said the buyout firm was not experiencing problems on the deal.
- Branson may join Virgin Media take-private bid(3)
The hotly contested auction for cable company Virgin Media may be facilitated by shareholder Sir Richard Branson, while the number of reportedly interested bidders continues to increase.
- Alternative assets boost CalSTRS returns(2)
Alternative assets returned 27.6 percent to CalSTRS last fiscal year. Though less than last year’s 32 percent return, CalSTRS’ alternative assets outperformed the portfolio as a whole by around 7 percentage points.
- Citi makes two Turkish venture investments
The venture capital business of Citi Alternative Investments has bought stakes in two Turkey-quoted retail companies as it seeks to increase its exposure to the region.
- Lehman, TPG invest $363m in private jet firm
Private aviation company XOJET has obtained $363 million in debt and equity financing from Lehman Brothers Global Principal Strategies and TPG’s venture arm.
- AVCAL says “economic xenophobia” in decline(6)
Katherine Woodthorpe, chief executive of the Australian Private Equity and Venture Capital Association, has said Australian “economic xenophobia” has lessened after the Australian Senate’s inquiry into private equity.
- Qatari firm makes £12bn Sainsbury’s approach(3)
Qatar-based investment vehicle Three Delta has confirmed its preliminary bid approach to Sainsbury’s, the UK supermarket chain that rejected a £10 billion offer from a private equity consortium in April. The company’s share price soared this morning.