TPG related stories
All articles and analysis
Virgin Media bids to come in SeptemberThe Virgin Media auction will come later than expected as problems in the debt markets have constrained leverage available to buyout firms.
- Branson launches first Virgin buyout fund(2)
Sir Richard Branson’s Virgin Group is making its first ever foray into institutional private equity, raising a $400 million Virgin Green fund to invest in renewable energy opportunities.
- AVCAL says “economic xenophobia” in decline(5)
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.
- Branson may join Virgin Media take-private bid(2)
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.
- PEC: buyouts better businesses
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.
- Ethos and Goldman place bets on South African gaming company
Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.
- Alternative assets boost CalSTRS returns
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.
- Carlyle leads $656m investment in Taiwan’s Ta Chong bank(3)
A consortium led by The Carlyle Group is buying a 36.6 percent stake in Ta Chong Bank, overturning the bank’s distaste for a private equity suitor.
- AVCAL says “economic xenophobia” in decline(4)
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.
- Behrman makes 3.6x return on research labs(2)
New York- and San Francisco-based Behrman Capital has sold WIL Research Laboratories for $500 million, earning a 3.6x return.