Private Equity
Mount Kellett Capital Management, the global private equity firm started by Mark 'Goldfinger' McGoldrick in 2008, has hired James MacNamara in London.
2 min read · 05 January 2013
Ping An Insurance has received regulatory approval to purchase TPG’s 17% stake in Shenzhen Development Bank. The acquisition will be paid in Ping An shares and looks set to make TPG at least an 8x return on its initial investment.
2 min read · 05 January 2013
Apax adds to private equity momentum in Brazil, following First Reserve and The Carlyle Group in recent deals.
2 min read · 05 January 2013
EBITDA growth of 11.2% and “robust” asset performance has left 3i Infrastructure with a war chest of £314m “to invest in a strong pipeline of opportunities”.
2 min read · 05 January 2013
US early stage investors are strikingly upbeat on their future – and still working hard to convince legislators that VCs shouldn’t be lumped in with buyout funds, writes Amanda Janis
3 min read · 05 January 2013
Even if the deal market returns to a 2004 pace, it would take 15 years for firms to invest what they have on hand, the consulting firm has found.
3 min read · 05 January 2013
The head of the private equity firm 3i’s North American infrastructure team said his departure was ‘part of a broader contraction’ in 3i’s infrastructure business. But 3i executives Cressida Hogg and Bob Stefanowski said in an email that the firm intends to remain in the North American infrastructure market.
2 min read · 05 January 2013
Lobbying organization the Private Equity Council is welcoming more members into the fold – but many firms are cautious about joining a club launched by mega buyout GPs.
4 min read · 05 January 2013
Oak Hill will buy the casual dining and arcade game chain from Wellspring Capital. Dave & Buster’s abandoned plans for a $170m IPO in mid-2008.
2 min read · 05 January 2013
Post-IPO - which is expected to be the largest PE-backed listing in three years - Bain and KKR stand to recoup 75% of their original investment, while still retaining an 80% stake in HCA.
2 min read · 05 January 2013
