Yet another private equity firm – this time Washington DC-based Thayer Capital Partners - is being made to pay for its affiliation with disgraced former Connecticut treasurer Paul Silvester.
After seeing its headgear platform slip into a restructuring, New York buyout firm Chartwell has sold Bell Sports to Fenway Partners for $240m.
Closed less than five months after launch, the UK mid-market fund formed by four ex-3i executives plans to invest up to £100m per transaction.
Fundraising and new investments are continuing to rise in the Asian private equity market while large and profitable exits are being seen for the first time, says a new report.
Cerberus Capital Management, the US turnaround specialist, is reported to be in exclusive talks to buy German drug giant Bayer’s blood products unit for over €500 million.
The alternative investment assets of California’s public retirement fund grew by 12.7 percent, with private equity generating a $1 billion profit in the last fiscal year.
Delta Capital Management, manager of the US Russia Investment Fund, has sold Russian consumer bank DeltaBank to GE Consumer Finance for a reported $100m.
Henderson Private Capital, the private equity arm of Henderson Global Investors, has completed the management buy-in of Boat International, a super-yacht and marine publisher.
ECI Partners has completed two deals in three days, investing £15m in an electronic archiving company and £35m in a sports online and mail order retailer.
Standard Chartered Private Equity has appointed Fan Chen to head its investment activities in Greater China.