Private Equity
The Wes Edens-led firm is approaching LPs in a 2007 $1.2bn co-investment fund for money to pay down debt in the portfolio.
1 min read · 05 January 2013
Ben Thorndike was hired from Bain Capital as managing director and head of investor relations. Thorndike was director of IR at Bain.
2 min read · 05 January 2013
The new firm, Hermes GPE, will look to acquire in-house private equity programmes from asset managers getting out of the business, said CEO Alan MacKay.
2 min read · 05 January 2013
The various placement ‘bans’ may be softened, but fundraisers must better police their own market for rogue actors
2 min read · 05 January 2013
The listed firm has brought on VSS’ James Rutherfurd to flesh out its North American investor relations team.
2 min read · 05 January 2013
The New York firm is expanding its portfolio company, GeoDigm, with the acquisition of National Dentex, a company that runs dental laboratories.
1 min read · 05 January 2013
Abhijit Sen was to have joined KKR India as chief financial officer on 1 April, but will reportedly remain in his role at Citigroup instead.
2 min read · 05 January 2013
The recapitalisations of auto-parts supplier HHI and Attends Healthcare will generate $210m in cash distributions. KPS has collected distributions totaling $260m in the first quarter.
2 min read · 05 January 2013
Alinda Capital Partners, the New York-based infrastructure fund manager which closed a new fund on $4bn earlier this year, has made a major move into the US gas storage market through the $505m NorTex Gas Storage Company deal.
2 min read · 05 January 2013
The mega-firm has hired a lobbyist to advocate against a proposed California law that would end payments to placement agents for successful fundraisings.
3 min read · 05 January 2013