Private Equity
The firm’s second micro-cap fund will have access to $150m of ‘cheap and patient’ capital from the US government’s Small Business Administration, says Riverside co-CEO Stewart Kohl.
2 min read · 06 January 2013
The Dallas, Texas-based firm has named former Goldman Sachs executive Glenn Askew managing director of business development. Askew joined Brazos in 2004.
1 min read · 06 January 2013
An Ohio paper manufacturer has filed for Chapter 11 bankruptcy four years after Cerberus purchased the company in a $2.3bn leveraged buyout.
2 min read · 06 January 2013
Washington is once again – inevitably – focused on carry tax as a revenue raiser. Private equity professionals would have welcomed a more nuanced approach.
3 min read · 06 January 2013
While fundraising appears on pace to break the record $8.1bn raised in the region in 2010, Latin American deal volume has fallen by 30% compared to the same period last year.
2 min read · 06 January 2013
The fund manager’s addition to its Asia-Pacific team will help develop new relationships in Australia, an increasingly important source of capital, says Evercore's Richard Anthony.
2 min read · 06 January 2013
UK SME bosses are optimistic about the immediate future of their businesses – although this doesn’t necessarily spell good news for the UK economy as a whole, according to a recent survey.
2 min read · 06 January 2013
Teamsters President James Hoffa alleges that Madison Dearborn portfolio company VWR International is engaging in union busting and ‘job piracy’.
2 min read · 06 January 2013
Private equity investment in financial institution groups during the first six months of the year shot up roughly 39%, but lacked the larger deals of 2010, such as Advent's and Bain’s $3.2bn WorldPay deal.
2 min read · 06 January 2013
The New York-based firm has collected roughly $200m for its latest fund, which will invest in special situations and debt in Asia, excluding Japan.
1 min read · 06 January 2013