Private Equity
The news marks Thomas Hicks’ second investment in a week.
2 min read · 03 January 2013
The Carlyle Group has recruited North African specialist Hassan El-Khatib as a managing director to bolster its newly formed MENA team in Cairo.
1 min read · 03 January 2013
ECI Partners has sold luxury holiday provider Kirker Travel in a deal that doubled its investment, netting a 22 per cent IRR over four years.
1 min read · 03 January 2013
AA Capital, a Chicago and Detroit fund of funds manager that spun out of ABN AMRO in 1995, has been hit with an SEC restraining order pending an investigation into charges that the firm stole at least $10.7m from labour-union LPs. The firm has ties to eleven well known private equity firms, as well as to a Detroit strip club and the rap producer Shorty Capone.
3 min read · 03 January 2013
Baring Private Equity Asia has raised $490 million in a new Asia-focused fund that will be seeking opportunities in Japan for the first time, founding partner and chief executive officer, Jean Eric Salata tells PEO.
2 min read · 03 January 2013
Pantheon Ventures has bought the limited partners interests in two venture capital portfolios from Italy’s Cdb Web Tech, including 90 venture capital funds and eight direct investments.
2 min read · 03 January 2013
3i and Star Capital Partners have sold Swiss aircraft maintenance company SR Technics to a consortium of investors from the United Arab Emirates for €1 bn.
2 min read · 03 January 2013
Three groups led by Terra Firma Capital Partners, UBS and Macquarie are understood to have made formal offers in the auction for Thames Water, a UK water company owned by German utility RWE.
2 min read · 03 January 2013
Allianz Capital Partners has sold UK care homes provider Four Seasons Healthcare to an investment fund of the Qatar Investment Authority, despite interest from 3i and Terra Firma Capital Partners.
2 min read · 03 January 2013
As venture dollars pour into US alternative energy companies, some are starting to question whether there is too much money flowing toward too few sustainable ideas. Dave Keating reports.
3 min read · 03 January 2013