Private Equity
The Toronto Stock Exchange-listed asset manager bought Loews Cineplex in 2002 and sold most of the business to Bain, Carlyle and Spectrum Equity Investors in 2004. It has now sold the remaining Galaxy portion of the business.
2 min read · 05 January 2013
The auction for Barclays Capital’s ETF management business has the investment banking group pitted against a selection of private equity firms including Hellman & Friedman, Bain and TPG. Vanguard, a US-based investment management firm, is also mounting a bid.
2 min read · 05 January 2013
The fourth global power and energy fund raised by the two firms will stay in the market a few more months, with Riverstone having recently expanded its team to help source and execute future energy investments.
1 min read · 05 January 2013
The US government's moves to gain greater regulatory control over large financial instutions would obligate some private equity firms to register with the SEC and supply data including the names of LPs and leverage levels on deals.
3 min read · 05 January 2013
The private equity firm has created a site for potential sellers and buyers of its fund interests to exchange info, a move that puts Sun Capital into one of the IRS’ ‘safe harbours’ from certain US tax regulations.
1 min read · 05 January 2013
Senior managing director Christine Vanden Beukel has ended a 10-year career leading GSC’s European mezzanine business. Her role is now filled in part by managing director Nick Petrusic, who joined the credit-focused alternative asset manager in 2000.
1 min read · 05 January 2013
For private equity, Obama administration policy proposals have been big news – some of it good, some of it worrying.
3 min read · 05 January 2013
Fresh from its $900m exit of Ovation Pharmaceuticals, US buyout veteran GTCR has established a buy-and-build platform for specialty pharmaceutical companies and products.
1 min read · 05 January 2013
The investment will be used to fund BNK eSolutions’ overseas expansion plans.
1 min read · 05 January 2013
LPs are facing many constraints in making commitments to private equity – GP delays in submitting year-end reports are one of the least publicised, writes Andy Thomson.
2 min read · 05 January 2013