In a $495m deal, New York’s Odyssey Investment Partners will acquire Norcross Safety Products from Trimaran Capital Partners, John Hancock Life Insurance Company and CIVC Partners.
A recent survey conducted by the Institute for Private Investors has shown for a third year in a row that wealthy families are choosing alternative investments over stocks.
The four-group shortlist for acquiring BBC Broadcast contains three private equity firms including Apax Partners, the group that employs former BBC director general Greg Dyke as an advisor.
The Zurich-based fund of funds manager has held a first close on $130m of a new FoF dedicated to “special investment opportunities” in the US.
What’s the future of the buyout industry? Easy. Currently the most widespread view of the industry’s evolution is this:  private equity is going where investment banking has gone before it. As a result, a very small number of very large, global LBO players are set to dominate, attracting the vast majority of institutional capital being allocated to the asset class.  
In addition to changing its name to PPM Capital, the private equity arm of UK insurer Prudential has announced a string of hires across Europe.
The European mid-market private equity firm has reached agreement to acquire the digital cordless business unit of the Netherlands’ National Semiconductor Corporation.
The bloodless revolution that gripped the watching world and swept Viktor Yushchenko to the office of president in Ukraine may be just over 100 days old, but private equity funds in the region are already gearing up to take advantage. Colm Gilmore reports.
In the same week that Blackstone announced plans to open an office in India, KKR is reportedly considering its first Asian investment – an $800m stake in Samsung Life Assurance.
Morgan Stanley Venture Partners, formed in 1986, will spin out of its parent company as an independent venture capital firm called Crossmark Capital.
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