Warburg Pincus related stories
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Black Swan Energy secures $150 million equity investmentBlack Swan Energy has completed a $150 million round of investment. Commitments come from its existing shareholders which include Warburg Pincus, Canada Pension Plan Investment Board and KERN Partners.
- Palamon reaps 15x gain from CEG sale
The £185m sale of the education provider to Bridgepoint is the sixth exit from Palamon’s 2006 fund
CPPIB, KERN and Warburg Pincus invest $150 mln in Black Swan EnergyBlack Swan Energy Ltd, a Calgary-based company focused on unconventional resource exploration and development, has secured an equity investment of $150 million, bring its total investment to date to over $500 million. The new funding was provided by existing investors Canada Pension Plan Investment Board, Canadian energy-focused private equity firm KERN Partners, and U.S.-based Warburg Pincus, which have all backed the company since 2011. The additional capital will be used to fund the appraisal and development of current properties in the Montney play in British Columbia and the Duvernay play in Alberta. The company's management team and directors include former senior managers of Talisman Energy Inc.
- Food services firm Aramark seeks up to $5.3 billion valuation in IPO-Reuters
Food services provider Aramark Holdings Corp said it expects to price its initial public offering at between $20 and $23 per share, valuing the company at about $5.3 billion, Reuters reported.
- Food services company Aramark seeks up to $5.3 bln valuation in IPO
Food services provider Aramark Holdings Corp said it expects to price its initial public offering at between $20 and $23 per share, valuing the company at about $5.3 billion, sister news service Reuters reported.
- BC’s £382m bid wins race for Mergermarket
The London-based firm has fought off between 40 and 50 bidders to acquire Pearson’s financial research business.
- Carlyle raises $13 billion for U.S. private equity fund - Reuters
(Reuters) - Carlyle Group LP said on Monday it has finished raising money for its latest U.S. private equity fund, surpassing its initial $10 billion fundraising target by $3 billion.
Warburg Pincus to sell $157 mln of MEG Energy shares in secondary dealU.S. private equity firm Warburg Pincus has agreed to complete a secondary offering of shares in MEG Energy Corp (TSX:MEG), a Calgary-based company focused on sustainable in situ oil sands development and production in Western Canada. Under the terms of the agreement, Warburg Pincus will sell 5,000,000 common shares at a purchase price of $31.40 per share, realizing gross proceeds of $157 million. Upon closing of the transaction, Warburg Pincus will hold around 17% of all outstanding shares. Warburg Pincus and Canadian private equity firm KERN Partners invested in MEG prior to the company's $700 million initial public offering in 2010. MEG's other investors include the Caisse de dépôt et placement du Québec.
- GA hires former MasterCard CEO
The firm’s hiring of Gene Lockhart as a special advisor focused on financial services follows three other additions to its group of operators this year.
Riverside's Hendrickson seeks to change PE's image problemThe goal of Pam Hendrickson, COO of The Riverside Company, is to stop the bashing of private equity.