Private Equity
The Connecticut-based private equity firm has purchased a 43% stake in an Arizona coal power station, as it continues raising its debut fund.
2 min read · 05 January 2013
The private equity firms reportedly may make up to a 3x multiple on West Corp, which they took private in 2006 for $3.3bn.
1 min read · 05 January 2013
The founder of private equity advisory firm Aldus Equity, Saul Meyer, has admitted to having knowingly engaged in pay-to-play corruption in New York and New Mexico.
3 min read · 05 January 2013
Pattern Energy Group is funding the development of a 101.2 megawatt wind farm in California.
2 min read · 05 January 2013
The firm will use $1bn in equity in to purchase Busch Entertainment's 10 US theme parks, including Sesame Place, SeaWorld and Busch Gardens.
2 min read · 05 January 2013
SeaWorld is among the theme parks Anheuser-Busch InBev may sell to the mega-firm. Meanwhile, CVC has reportedly increased the equity ratio in its €1.3bn bid for the brewer's CEE assets.
2 min read · 05 January 2013
The emerging markets-focused private equity firm fell 40 percent short of its target, due largely to a reduction in commitment size from anchor investor CDC Capital Partners.
2 min read · 05 January 2013
Barry Sternlicht shows full confidence ahead of first-day trading of REIT Starwood Property Trust as the firm raises its target fundraise from $500m to $800m.
1 min read · 05 January 2013
James Green has left the McLean, Virginia-based firm where he was managing director and co-global head of capital markets and client relations.
2 min read · 05 January 2013
The firm raised more than $1bn via two traditional private equity funds, while its listed fund of funds recently raised nearly $100m for fresh secondaries deals.
2 min read · 05 January 2013