Private Equity
Smaller firms may be hit hard if forced to register with the SEC, writes Kevin Ley.
2 min read · 05 January 2013
SK Capital is purchasing assets including manufacturing plants from St. Louis-based Solutia for $50m.
1 min read · 05 January 2013
Andrew Cuomo, the attorney general of New York, has accused a former political leader of collecting $800,000 in sham finder’s fees for directing pension investments to two private equity firms.
3 min read · 05 January 2013
GS Vintage Fund V will focus on LP private equity interests and providing liquidity to LPs and GPs around the world, focusing on deals ranging in size from $1m to $1bn.
2 min read · 05 January 2013
State Universities Retirement System of Illinois has committed $75m to AVP Partners’ fund of funds, marking the start of a new investment strategy in the sector.
1 min read · 05 January 2013
The management spin-out of Lehman’s merchant banking arm officially closed last week and the firm has chosen a new name.
2 min read · 05 January 2013
The turnaround specialist, which has seen about 10 of its portfolio companies tumble into bankruptcy since last year, has extended debtor-in-possession loans to two of its bankrupt companies and plans to control them after they emerge from Chapter 11.
3 min read · 05 January 2013
The India Financial Inclusion Fund has raised $58m to date for a microfinance vehicle targeting total commitments of $100m.
1 min read · 05 January 2013
The UK- and Italy-focused Merrill Lynch spin-out will pay £17m for a 40% stake in Panmure Gordon, a 133-year-old mid-cap stockbroker and investment bank.
2 min read · 05 January 2013
The Des Moines, Iowa-based real estate firm has appointed Michael Fortier as controller and chief financial officer of the funds managed by Aviva Investors’ New York office.
1 min read · 05 January 2013