TPG related stories
All articles and analysis
Cashing in on the baby boomersPrivate equity investors are seeing big opportunities in the shifting demographics of the US, but challenges—and bad memories—remain. By Paul Fruchbom.
- Arcapita seals insulation deal
The Bahrain-based investment firm has made its first acquisition since announcing plans to increase its activity.
- H&F clinches Gartmore deal
US-based investor Hellman & Friedman has paid an undisclosed sum to buy UK fund manager Gartmore Investment Management alongside the company’s senior fund management and executive team.
- Macquarie, TPG-Newbridge in PCCW bidding war
A consortium led Macquarie Bank is vying with US private equity firm TPG-Newbridge to acquire the telecommunications and media assets of Hong Kong-listed PCCW in what could be a deal worth over $7 billion.
- TPG taps media mogul for Asia
Sing Wang, the former head of Hong Kong-based multimedia corporation TOM Group and the ‘founder’ of Goldman Sachs’ Asia private equity arm, will become a Texas Pacific Group partner to pursue growth and venture deals in North Asia.
- Texas Pacific recruits Tokyo head
Jun Tsusaka, a veteran private equity investor and investment banker, has joined US-based buyout firm Texas Pacific Group to head up its Japanese activities from Tokyo.
- Apollo to acquire Lord & Taylor for $1.2bn
Federated Department Stores will sell the chain to NRDC Equity Partners, a partnership between Apollo and National Realty & Development Corp.
- Blackstone asks LPs for more
At its annual meeting, Blackstone told limited partners it wants to raise its fund cap to nearly $15bn, and is studying the possibility of a public vehicle.
- Bain fund hits $8bn
Bain Capital has run into its $8 billion ceiling for its ninth fund, and the Boston-based group is still in the market with a $2 billion co-investment vehicle.
- KKR listing creates $2bn LP
The recently listed KKR Private Equity Investors vehicle creates an immediate pool of nearly $2bn for KKR’s 2006 Fund – a major boost to the firm’s ongoing fundraising effort.