Private Equity
The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.
3 min read · 06 January 2013
German special situations specialist Orlando Management is close to wrapping up fundraising for its third fund, having garnered about €200m from institutional investors in a process that took weeks rather than months.
1 min read · 06 January 2013
After a generally poor year for European venture capital firms, two groups have kicked off 2012 with positive fundraising news.
2 min read · 06 January 2013
The North American market was the setting for a late surge in deal activity, with a number of firms agreeing buyouts as the year drew to a close.
2 min read · 06 January 2013
The combined C$160m investment in engineering consulting firm Genivar comes after a robust 12 months for private equity in Canada.
2 min read · 06 January 2013
John Cryan, the former chief financial officer of Swiss investment bank UBS, has become the latest banking figure to join Singaporean sovereign wealth fund Temasek.
2 min read · 06 January 2013
After a number of notable fundraising successes worldwide in 2011, and some failures, several firms launched new funds in the run-up to the Christmas break or held closes.
2 min read · 06 January 2013
The firm has already invested around $60m across five investments in the continental US, targeting smaller wells that are unlikely to be on the radars of larger energy funds.
2 min read · 06 January 2013
General Atlantic was part of a quartet of co-investors which has backed Colombia-listed investment company Grupo Sura’s $3.6bn acquisition of ING Group’s assets in Latin America.
2 min read · 06 January 2013
The Blackstone Group topped preliminary rankings for private equity activity this year based on the total value of deals done, while Goldman Sachs booked the most revenue from buyout advisory work.
1 min read · 06 January 2013