Private Equity
The funding will help APR Energy scale up its operations in the Gulf region and North Africa.
1 min read · 05 January 2013
Twenty months after investing $500m in dermatology company Stiefel, the 162-year-old US company has been sold to GlaxoSmithKline.
2 min read · 05 January 2013
Institutional investors remain committed to emerging markets private equity and convinced it can offer higher returns than more developed markets. However, their perception of the risk involved has incresed since 2008.
2 min read · 05 January 2013
The Boston-based firm has purchased a 51% stake in Fifth Third Bancorp’s financial institutions processing business as it continues to build its pay processing platform.
2 min read · 05 January 2013
The Toronto Stock Exchange-listed asset manager bought Loews Cineplex in 2002 and sold most of the business to Bain, Carlyle and Spectrum Equity Investors in 2004. It has now sold the remaining Galaxy portion of the business.
2 min read · 05 January 2013
'Private equity will become part of the norm rather than the alternative', following a lull in which LPs will question the asset class, according to Carlyle co-founder David Rubenstein. He also highlighted China's opportunity set at the PEI Emerging Markets Forum.
2 min read · 05 January 2013
The distressed investment specialist is surrendering all its stock in Thornburg Mortgage and has resigned its board seats. The residential mortgage lender has been given a grace period by lenders to come up with a restructuring plan.
2 min read · 05 January 2013
The US turnaround firm has bolted on the aluminium die casting and machining operations of US foundry Citation to the automotive components platform it's been building since 2006. The firm also is building up its plastic molder platform.
2 min read · 05 January 2013
The turnaround firm purchased a larger stake in Accuride, a US autoparts maker and former KKR portfolio company, in a $70m transaction through the company’s senior secured term loan.
2 min read · 05 January 2013
The Los Angeles-based firm has added the State of Connecticut and Credit Suisse to its list of investors.
1 min read · 05 January 2013
