Private Equity
The $94bn of distributions last year marked the first time since 2005 that capital returned to LPs exceeded committed capital.
2 min read · 06 January 2013
The firm’s tenth fund is targeting $500m more than its ninth and largest fund, which closed above target on $1.65bn in 2008.
2 min read · 06 January 2013
As the US and South Korea finalised a new free trade agreement, Lone Star’s troublesome exit of Korea Exchange Bank prompted the firm to hire two lobbyists for $1.5m through its 2002 fourth fund.
4 min read · 06 January 2013
2011 was a sellers’ market with significant variations in merger and acquisition deal structures across international markets, research from law and tax advisors CMS Corporate revealed.
2 min read · 06 January 2013
The partnership between BlackRock Alternative Investors and Irish clean energy developer NTR has raised capital from 18 investors, according to SEC filings.
2 min read · 06 January 2013
Walgreens has agreed to purchase a 45% stake in the drug store chain for $4bn in cash and $2.7bn in Walgreens’ stock.
2 min read · 06 January 2013
The firm has been in the market with its third fund, which will target consumer and retail companies, like Arby’s fast food chain (pictured) which the firm bought last year.
2 min read · 06 January 2013
The state investment board wants to reduce its exposure to the largest funds in the market and is selling stakes in funds managed by KKR, Charterhouse, Carlyle and Blackstone.
2 min read · 06 January 2013
Rajat Gupta’s firm New Silk Route has worked for more than a year to convince its LPs that the insider trading scandal has nothing to do with its ability to generate strong returns.
2 min read · 06 January 2013
Direct secondaries specialist Vision Capital has parted company with the head of its US operation, Matthew Constantino.
1 min read · 06 January 2013
