Shortly after closing its $1 billion Fund V, the Los Angeles-based firm has agreed to sell its medical products company Hudson Respiratory Care to Teleflex.
The Canada’s Venture Capital Association has released a set of valuation guidelines governing private equity and venture capital investments.
Publicly traded business development company Gladstone Capital has hired a new managing director to open a Chicago office amidst the surge in BDC interest.
The US private equity firm has announced the appointment of Raymond Sharpe, chief executive of electronics at the Cookson Group, the engineering concern.
The industry’s representative has warned that proposed amendments to the Government’s Pensions Bill could pose a significant threat to the future of the UK private equity industry.
The two firms have secured a 40 percent stake in media conglomerate Freedom Communications, which is estimated to be worth between $1.5 billion and $2 billion.
In the wake of two significant European deals, Clayton, Dubilier & Rice has hired former Morgan Stanley Capital Partners managing director Christian Rochat.
The Boston-based growth equity specialist has recapitalised Global Cash Access, a Las Vegas company that provides ATMs and other services to the ‘gaming industry.’
CSFB’s Michael Dugan has joined Blackstone’s corporate advisory group as a senior managing director.
The comptroller of New York City has requested proposals for a private equity consultant, as several of the city’s public pension funds move closer to becoming major investors in the asset class.