Private Equity
The firm is in line to bank a £100m profit from the sale of its Nido Student Living accommodation business, according to sources.
2 min read · 08 February 2013
The transaction values the emerging markets private equity investor's franchise at £20m and gives the government a share in future carried interest.
2 min read · 08 February 2013
Amid some turnover within its alternative investment programme, the $464bn institution has committed to Vestar, Ridgemont and Natural Gas Partners.
2 min read · 08 February 2013
The Gores Group has shut down its $1bn deal for autoparts retailer Pep Boys nearly four months after announcing the acquisition.
2 min read · 08 February 2013
The $460bn sovereign wealth fund’s original private equity team has almost completely turned over, leading to concerns about the loss of ‘institutional knowledge’.
2 min read · 08 February 2013
The firm, headed by Mark Gallogly (pictured) and Jeffrey Aronson, raised its second Special Credit Partners fund on $2bn in March, holding a 'one and done' close.
2 min read · 08 February 2013
Continuing uncertainty caused European M&A activity in April to decline to its lowest total since 2009. However, one London-based lawyer believes this landscape could present 'Once in a lifetime' opportunities for the private equity industry.
2 min read · 08 February 2013
President Obama’s first attack on private equity has largely fallen flat. But that’s no reason for the industry to ease off on its lobbying efforts.
2 min read · 08 February 2013
Recent US Securities and Exchange Commission filings indicate the firm, led by Glenn August (pictured) has raised $770m as it shoots for a newly-increased $1bn target.
2 min read · 08 February 2013
Nasdaq glitches, weak forecasts and an investor lawsuit have plagued social media giant Facebook in the days following its blockbuster IPO.
3 min read · 08 February 2013