Private Equity
The firms, which going forward will no longer raise joint energy funds, invested $450m in Dynamic Offshore Resources in 2008.
2 min read · 06 January 2013
Kim Pedersen, a senior figure at placement agent Park Hill Group’s London office, has left to launch his own venture. His exit leaves three managing principals within an 11-strong European team.
2 min read · 06 January 2013
The firm’s sale of Medical Education Technologies to defense contractor CAE is its fourth exit from the healthcare industry this year.
2 min read · 06 January 2013
German state-owned banks have been selling off their private equity holdings because of bailouts and increasing regulations, contributing to record activity on the secondary market.
2 min read · 06 January 2013
US regulators have charged two Florida men with duping more than 100 investors into a Ponzi scheme disguised as private equity funds, one of which was known as the 'Safe Harbor Private Equity Fund'.
2 min read · 06 January 2013
The New York firm has invested in Remedi SeniorCare, a Sterling Partners portfolio company, on the heels of closing its latest fund at $4.25bn.
2 min read · 06 January 2013
The number of corporate pensions allocating to alternatives has risen steadily since 2008, but the size of allocations has fallen since last year.
2 min read · 06 January 2013
US buyout group TPG Capital has backed Nordic lender Saxo Bank, investing $560m in equity for a 30% stake, and providing an exit for private equity peer General Atlantic.
2 min read · 06 January 2013
Jonathan Firestein, former director of research for Wells Fargo Family Wealth, has been named head of private capital for US Bank's division that invests on behalf of ‘ultra high net worth’ clients.
2 min read · 06 January 2013
The global private equity firm brought on a former vice president of corporate development to join its San Francisco office.
1 min read · 06 January 2013
