Private Equity
IK Investment Partners has booked a substantial return after selling Magotteaux, which refines mined materials into small pieces, for €550m after four years of reshaping the business.
2 min read · 06 January 2013
The Blackstone-backed firm’s largest fundraising to date is one of several Brazilian funds to break $1bn this summer.
1 min read · 06 January 2013
GP Investments has taken a 100% ownership stake in Brazilian restaurant franchise Fogo de Chão after acquiring a 35% stake in the company in 2006.
2 min read · 06 January 2013
The Chicago-based firm co-founded by Sam Zell and Gary Garrabrant concludes its investment in São Paulo-based homebuilder Gafisa, leaving the firm the only Brazilian company listed on the New York Stock Exchange.
2 min read · 05 January 2013
As the sovereign debt crisis creeps its way across Europe, Oaktree’s European Principal Fund III has picked up another $100m for distressed-for-control deals.
2 min read · 05 January 2013
The $65bn pension system earlier this year completed a secondary sale run by Cogent Partners of fund stakes in TPG Capital, Apollo Global Management and Warburg Pincus.
2 min read · 05 January 2013
The Mexican private equity firm will focus on buying small companies in the US and moving their manufacturing operations to Mexico.
2 min read · 05 January 2013
The Boston-based private equity firm sold its remaining shares in Cetip, a fixed income securities and over-the-counter derivatives depository, for nearly twice the company’s 2009 IPO price.
1 min read · 05 January 2013
The pension system, with $237bn in assets, has worked to reduce its number of manager relationships and appears ready to continue the process.
2 min read · 05 January 2013
Graham Thomas, global head of private equity at South African lender Standard Bank, has left the company as it scales back principal investment activities, with more departures to follow.
2 min read · 05 January 2013