Private Equity
The firm will partially exit its investment in broadcasting company YES Network, which Providence created alongside a group of co-investors including Goldman Sachs in 2001.
2 min read · 17 January 2013
The Frank Tang-led firm has hit the hard-cap for Fund II, with commitments from LPs including the WSIB, CPPIB and OTPP.
2 min read · 17 January 2013
A dispute over a private equity firm selling a business within hours of buying it came to court in Australia this week. The outcome may be significant.
4 min read · 17 January 2013
Ferrer Freeman & Company created a special purpose vehicle to acquire Arcadia Solutions while it markets its fourth flagship fund.
2 min read · 17 January 2013
The mid-market firm has hired Jim Learner from Kirkland & Ellis and has promoted three investment professionals to the role of principal.
2 min read · 17 January 2013
In addition to its $90m in commitments across two distressed funds, the State Treasurer also is considering a $50m commitment to Court Square Capital Partners’ $3bn third vehicle.
2 min read · 17 January 2013
The $14bn pension system has hired TD Bank's William Hatanaka (pictured) following the departure of CEO Stephen Griggs in April. OPTrust is increasing its private equity allocation from 4% to 15%.
2 min read · 17 January 2013
The firm, which is raising a $12bn fund, has agreed to sell Scotsman Industries for $575m – having already earned back its original $160m investment through dividends.
2 min read · 17 January 2013
The Canadian mid-market firm has promoted Matt Kunica and Thecla Sweeney, bringing the total number of partners at Birch Hill to 10.
1 min read · 17 January 2013
The oil and gas strategic partnership struck with LLOG is said to be the largest such private equity financing executed in the region.
2 min read · 17 January 2013