Private Equity
New World Capital's founding principal, Lou Schick, was a senior scientist at GE's global research division.
1 min read · 05 January 2013
Matthew Rose, head of the second largest freight railroad in the US, also believes that private equity firms cannot provide a more attractive cost of capital to railroad assets once they buy them.
1 min read · 05 January 2013
The Florida State Board of Administration has committed more than $1bn to the asset class in 2009.
2 min read · 05 January 2013
A key-man clause on the firm's $692m Fund II was triggered when the head of AIG Investments’ Brazil team left. The unit has decided to terminate the investment period.
1 min read · 05 January 2013
An 'insider trading network' allegedly paid cash in exchange for tips on deals backed by Silver Lake, TPG, Hellman & Friedman and Blackstone.
3 min read · 05 January 2013
The emerging markets private equity firm expects to raise as much as $375m for its first pan-African fund. It is also planning a $250m south-east Asia fund.
2 min read · 05 January 2013
The VC firm has also hired LinkedIn co-founder Reid Hoffman as a partner.
2 min read · 05 January 2013
Chen Tang, formerly with Friedman Fleischer & Lowe, and the ex-CFO of ValueAct Capital, Ronald Yee, allegedly tipped off a broad network of family members about impending deals.
3 min read · 05 January 2013
The US mid-market firm beat its $300m target for WestView Capital II.
1 min read · 05 January 2013
The SEC is proposing to create a new asset management enforcement unit, which could be good news for firms that have complained in the past about a lack of private equity expertise among auditors and investigators.
3 min read · 05 January 2013
