Private Equity
The New York-based private equity firm also has named former US Secretary of State Colin Powell as chairman of its advisory board. The firm has continued to invest in the market downturn, buying Israel-based library automation solutions company Ex Libris last August.
2 min read · 05 January 2013
Poor performance and the inability to affect turnarounds with minority stakes has caused Sun Capital to discontinue making new investments from the hedge fund it raised in 2006.
3 min read · 05 January 2013
China wants its companies to play on the global stage. But larger firms still can’t wrest themselves from the government’s grip, writes Andy Thomson.
3 min read · 05 January 2013
Fortress, Lightyear Capital and Crestview Partners comprise the latest private equity consortium to purchase equity stakes in a US government-backed bank.
2 min read · 05 January 2013
South Korea’s National Pension Service will reportedly resume its overseas investments from next month and increase its investments in overseas alternative assets.
1 min read · 05 January 2013
The Leon Black-led firm has assembled a core group of real estate professionals from Barclays, Goldman Sachs and AREA Property Partners as it prepares to raise an opportunistic private equity real estate fund later this year.
2 min read · 05 January 2013
The £3bn UK pension lifeboat fund has appointed Guy Fraser-Sampson - former investment controller at ADIA - to advise its investment committee on its alternatives programme as it mulls an entry into the private equity market.
2 min read · 05 January 2013
New York Attorney General Andrew Cuomo has reached a resolution with The Carlyle Group under which the firm has pledged to avoid hiring placement agents to obtain investments from New York’s public pensions. Carlyle also agreed to pay $20m to ‘resolve its role’ in the pension pay-to-play investigation.
3 min read · 05 January 2013
The UK firm is in exclusive talks to buy talent management agency James Grant Media Group, which looks after stars such as media mogul Simon Cowell and celebrity hypnotist Paul McKenna.
1 min read · 05 January 2013
The Australian firm has also made its maiden investment from its debut fund, acquiring an 18 percent stake in Solar Shop Australia.
2 min read · 05 January 2013
