TPG related stories
All articles and analysis
Mid-market debt shortage yields opportunityA dearth of available credit for lower mid-market businesses has attracted new debt vehicles, but fundraising remains difficult even for managers with strong track records.
- OceanBridge expands with London office
Founded by ex-Permira partners Philippe Robert and Martin Clarke and ex-Blackstone partner Michael Dugan, the non-traditional firm has also hired two partners.
- Privately Speaking: Tim Sims of Pacific Equity Partners
Pacific Equity Partners introduced the buyout in Australia over a decade ago and has consistently raised the country’s largest funds. As it prepares to raise Fund V in a difficult climate, co-founder and managing director Tim Sims tells Drew Wilson that PEP still has an edge over its local and international rivals
- Creador targets $200m with Fund II
Led by Brahmal Vasudevan, the firm will launch its next vehicle with an increased focus on Southeast Asia.
- PE collusion case continues
A federal judge refused to dismiss a case alleging some of the world’s top LBO firms colluded on mega-deals made during the industry’s golden era, but said plaintiffs have fallen short of proving an overarching conspiracy.
- Linden hires Providence exec
The firm has added two operating executives this year, bringing its team of operating partners to nine.
- TPG in $904m Australian poultry buyout
TPG has made a leveraged buyout of poultry producer Inghams Enterprises, winning an eight-month-long bidding process.
- Energy Future Holding’s uncertain future
Five years after being acquired for $48bn by KKR and TPG, the prognosis of Energy Future Holdings has grown bleak.
- Apollo realises $13bn, eyes European and LBO debt
Apollo's been taking advantage of buoyant markets on the sell-side, while targeting non-traditional deals including buying some $12bn in European loans over the past 36 months.
- Sycamore nears Billabong deal
The PE-led consortium that includes Billabong board director Paul Naude expects to reach a deal in the coming weeks, which would conclude months of takeover talks for the Australian retailer.