Private Equity
The firms will invest $77.5m each in the merger of FNB United and Bank of Granite as part of a $310 million private placement of FNB United’s stock.
2 min read · 05 January 2013
The fundraise for Fund VII comes less than one month after the firm closed it’s sixth fund on $1.1bn.
1 min read · 05 January 2013
The US Securities and Exchange Commission has ramped up its focus on private equity, looking at marketing materials, valuation metrics and side letters. These topics, among others, were covered at PEI's 2nd annual Private Fund Compliance Forum in New York.
2 min read · 05 January 2013
A pool of investors led by the two private equity giants has assumed control of a large portfolio of furniture showrooms in Las Vegas and North Carolina.
2 min read · 05 January 2013
How a still-emerging private equity firm in China is building an institutionalised investment platform right from the start.
2 min read · 05 January 2013
John Breen, head of funds and secondaries at CPPIB, also serves as vice chair at ILPA. It's unclear whether he will leave ILPA, which would be a 'huge loss', says ILPA executive director Kathy Jeramaz-Larson.
1 min read · 05 January 2013
Priveq's latest fund has hit its €200m hard-cap in a rapid fundraising that tapped international investors for the first time.
2 min read · 05 January 2013
The US venture capital firm has raised a total of $650m for China- and India-dedicated funds.
2 min read · 05 January 2013
Jessica Hoffman Brennan will join former Credit Suisse executives Michael Arpey and Alok Gaur on Carlyle’s investor relations team.
3 min read · 05 January 2013
Commercial Intelligence, which focuses on buying distressed debt, recently held a first close on Global Distressed Alpha Fund III at $18m for investments in Asia, Africa, Middle East and Latin America.
2 min read · 05 January 2013
