Private Equity
London-listed investor 3i has generated £22m in proceeds on its 1994 investment in engineering company Tensar through a sale to Arcapita-owned US business Tensar Corporation.
2 min read · 03 January 2013
Retired basketball star Michael Jordan will enter into a joint venture with Robert L. Johnson’s private investment platform to pursue private equity and other investment activities.
1 min read · 03 January 2013
The Atlanta-based firm formerly known as Crescent Capital has sold B.R. Lee Industries for $129.5 million, after purchasing the company in 2000 for around $65 million.
1 min read · 03 January 2013
A new set of private equity valuation guidelines have been endorsed in the farthest corners of the world - but not in the US. By Judy Kuan.
3 min read · 03 January 2013
Red Diamond Capital, the New York-based affiliate of Mitsubishi, has backed the management-led buyout of UK-based Avon Rubber’s automotive division with £63m.
1 min read · 03 January 2013
Despite good intentions, Illinois’ boycott on Sudan-related investments has gotten a state pension banned from at least one prominent private equity fund.
2 min read · 03 January 2013
2 min read · 03 January 2013
The Europe- and Israel-focused venture capital firm has appointed former Edmond De Rothschild Investment Partners investment director Michèle Ollier as principal and Roman Flack as associate.
1 min read · 02 January 2013
Aside from China and India, the private equity industries of other less-hyped emerging markets are also taking strides – though not yet leaps – forward in their development. At the same time, new funds of funds are emerging to facilitate investors’ access to these opportunities. Judy Kuan reports.
3 min read · 02 January 2013
London-listed private equity firm 3i has increased the amount it intends to return to shareholders following ‘strong’ full-year results from £500m to £700m.
3 min read · 02 January 2013
