Private Equity

News

Cerberus spin-out seeks $400m

Michael Green, a former member of the Cerberus investment committee, is leading a six-strong team at Tenex Capital Management.

1 min read · 05 January 2013

Apax Asia chairman retires

The latest changes to Apax's Asian lineup include retirement of chairman Max Burger-Calderon and resignation of principal Michael Prahl.

2 min read · 05 January 2013

OMERS appoints new chief investment officer

Michael Latimer was previously chief executive of the Canadian pension’s real estate arm, Oxford Properties. The appointment will allow the C$44bn fund’s CEO, Michael Nobrega, to focus on creating a multi-billion dollar 'alliance' to target large scale infrastructure and real estate assets.

2 min read · 05 January 2013

Ex-GE execs launch clean energy private equity firm

New World Capital's founding principal, Lou Schick, was a senior scientist at GE's global research division.

1 min read · 05 January 2013

BNSF chief: no role for private equity in US rail

Matthew Rose, head of the second largest freight railroad in the US, also believes that private equity firms cannot provide a more attractive cost of capital to railroad assets once they buy them.

1 min read · 05 January 2013

US charges 14, alleging insider trading on PE deals

An 'insider trading network' allegedly paid cash in exchange for tips on deals backed by Silver Lake, TPG, Hellman & Friedman and Blackstone.

3 min read · 05 January 2013

SEC charges ex-buyout CFOs with insider trading

Chen Tang, formerly with Friedman Fleischer & Lowe, and the ex-CFO of ValueAct Capital, Ronald Yee, allegedly tipped off a broad network of family members about impending deals.

3 min read · 05 January 2013

Wellcome to raise concerns on Directive

The CIO of the £13bn Wellcome Trust will advise the UK government on the ‘unintended consequences’ of the proposed Directive.

2 min read · 05 January 2013

Another debt team departs Capmark

Jacqueline Brady, Margaret Blakely, Brent Morris and five others have joined Urdang as part of the firm’s push into real estate debt. The team will help advise two multi-billion dollar Capmark funds.

1 min read · 05 January 2013

Ex-Macquarie CEO emerges at Anchorage Capital

Allan Moss will advise the Sydney-based special situations private equity firm.

2 min read · 05 January 2013

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