Private Equity
The firm has hired former Pequot Capital chief investment strategist Byron Wien as it looks to macroeconomic analysis to help spend its $29bn in dry powder.
2 min read · 05 January 2013
The UK’s high court took a conservative approach to valuing the struggling company, which will wipe out the junior lenders and equity holders.
3 min read · 05 January 2013
The private equity firms have invested a fresh $43m in Gilt Groupe, known for online ‘sample sales’ of high-end consumer items.
1 min read · 05 January 2013
Subbu Subramaniam has quit the India-focused private equity firm, reportedly due to differences with managing partner Rahul Bhasin.
2 min read · 05 January 2013
The publishing group Ripplewood acquired for $2.4bn in 2007 has reached a preliminary agreement for its senior lenders to take over in a prepackaged bankruptcy.
2 min read · 05 January 2013
Asian GPs turning to the Middle East for funding may need to consider adopting an Islamic fund structure, writes Jenny Blinch.
2 min read · 05 January 2013
An SEC proposal could cut off roughly 35% percent of capital raised by placement agents, according to a veteran fundraiser.
2 min read · 05 January 2013
The Swiss alternatives firm has gathered more than a third of the $750m target for its latest global secondaries fund.
1 min read · 05 January 2013
General Atlantic invested $485m in the medical payment company - the largest ever amount it has put into a single portfolio company. Hellman & Friedman is also a backer of the company, which closed up strongly on the NYSE.
2 min read · 05 January 2013
Wesley Ogburn, a portfolio manager in charge of hedge funds at the $22bn university endowment today submitted comments to the SEC in favour of maintaining the ability of placement agents to interact with US public pensions.
2 min read · 05 January 2013
