Warburg Pincus related stories
All articles and analysis
- peHUB First Read
Warren Buffett sings http://dealbook.nytimes.com/2012/01/23/buffett-rings-in-chinese-new-year-with-a-serenade/ in Chinese New Year, but really, folks, this man is just Carl Icahn in a bad sweater. There, I said it. Look Who’s Telling lawmakers http://www.bloomberg.com/news/2012-01-23/buffett-blames-congress-as-romney-pays-15-tax-for-shoving-around-money-.html how to do their jobs again! Warburg Pincus apparently can’t get their hands http://www.penews.com/today/index/content/4069862237/restricted on enough money right now UrbanSitter is sitting http://allthingsd.com/20120123/urbansitters-social-baby-sitting-service-granted-1-75-million-in-allowance/ on a fat wallet Heads Roll at Gilt http://www.betabeat.com/2012/01/23/layoffs-at-gilt-groupe-complete-90-employees-let-go-gilt-city-closes-offices-in-six-markets-01232012/ Looks like an Avalanche http://venturebeat.com/2012/01/23/avalanche-funding/ of cash Un-policed State: 5-0 needs paperwork http://www.reuters.com/article/2012/01/23/us-usa-police-gps-idUSTRE80M1E120120123 to track your GPS
- Ares Announced Three Deals from Q4
New York-based Ares Capital Corp. announced three financing commitments to new portfolio companies in the fourth quarter of 2011, totaling $640 million. The firm served as administrative agent, lead arranger and bookrunner in a senior secured credit facility to support the refinancing of Grocery Outlet Inc. by Berkshire Partners. The firm also acted as administrative agent in a second lien term loan to support the acquisition of Essent Healthcare by Warburg Pincus-backed RegionalCare Hospital Partners Inc. Finally, Ares served as administrative agent, lead arranger and bookrunner in a senior secured credit facility to support the acquisition of WorldStrides by The Carlyle Group.
Buyout Firms Navigate Macro ShockwavesThe buyout market continued to slowly improve in 2011 as firms deployed war chests raised in the boom years of last decade and many prepared to raise new funds. But a sovereign debt crisis in Europe, a downgrade of the U.S.’s credit rating and domestic political battles rattled markets and curbed momentum midway through the year. Banks grew more cautious about financing buyouts and taking their portfolio companies public.
Year in ReviewIn 2011, iPads dominated the gift-giving season. VCJ's gift to you is a review of IPOs and emerging markets and what to expect in 2012
- Osum Oil Sands Raising $500M from Investors
Osum Oil Sands Corp. announced Thursday that it would raise $500 million via a private placement of 21.2 million common shares and 18.8 million callable common share purchase warrants. The financing was led by a combination of new and existing shareholders, including KERN Partners, Government of Singapore Investment Corporation, Warburg Pincus and Blackstone Capital Partners. Osum is based in Alberta, Canada.