Commentary

M&A exits hold steady; IPOs get lift from Alibaba

Exit activity for U.S.-based financial sponsors remained strong in Q3, continuing the momentum that has been building since the second-half of last year.

Online home goods retailer Wayfair valued at $3 billion in debut

Wayfair Inc’s shares rose as much as 27 percent in their market debut on Thursday, Oct. 2, valuing the online home furnishings retailer at about $3.06 billion, according to sister news service Reuters.

Culpeper Capital stops new investments, founder David King and staff join Fortress

Private equity firm Culpeper Capital Partners has stopped making new investments, and firm founder David King and his team have joined Fortress Investment Group.

Friday Letter: How great is Britain?

It's all feeling a bit 2007 in UK private equity at the moment. Should we be worried?

Carl Marks takes another buyout team under its wing

Sand Oak Capital LLC has become an affiliate of consulting and merchant banking firm Carl Marks & Co. It plans to invest money supplied in part by that firm to acquire and invest in small industrial, manufacturing and distribution companies in upstate New York and elsewhere across the Northeastern United States.

Letter from publisher: 'Buyouts has been acquired by UCG'

Dear Buyouts subscriber: I have exciting news to share. Buyouts magazine has been acquired by UCG, recognized as one of the leading providers of specialized financial and business information.

Friday Letter: The trouble with Turkey

LPs aren't queuing up to invest in Turkey at the moment. But for investors with a long-term view, there are plenty of reasons to keep the faith

MARKET AT A GLANCE

U.S.-based buyout and mezzanine shops secured approximately $143.27 billion in capital commitments in the first nine months of 2014. Fundraising continues to outpace last year, when the year-to-date tally was $114.9 billion.

Gores Group finds a buyer for Sage Auto

Clearlake Capital apparently is buying Sage Automotive Holdings from The Gores Group.

Carlyle LPs to share in collusion suit settlement costs

The Carlyle Group’s $115 million settlement of a lawsuit that alleged that it colluded with other buyout shops to depress deal prices will be paid through a combination of Carlyle Partners IV fund capital, insurance, balance sheet capital, and contributions from some employees of the firm, an industry source told Buyouts.