Private Equity
The deal by the Los Angeles-based firm to purchase Delphi’s steering operations for $190m fell through after the two sides couldn’t come to terms, with General Motors now agreeing to acquire the business.
2 min read · 05 January 2013
The fund, which is reportedly targeting $731m will focus on listed equities that have fallen in value following the financial crisis.
1 min read · 05 January 2013
The private equity arm of Merrill Lynch has reportedly reduced its Australian private equity team.
1 min read · 05 January 2013
The firm is buying Florida-based Gevity HR to expand its human resources portfolio company TriNet.
1 min read · 05 January 2013
The mega-firm acquired Masonite in 2005 in a deal valued at C$3.1bn, using about $429m in equity. Masonite’s fortunes began to turn last year as the US housing market declined.
2 min read · 05 January 2013
The New York-based media- and technology-focused firm has asked LPs to remain committed to its second fund, noting it is prepared to capitalise on opportunities in the current environment.
2 min read · 05 January 2013
The San Francisco-headquartered firm has reached a $6bn first close for Hellman & Friedman Capital Partners VII, which is targeting $10bn.
1 min read · 05 January 2013
The C$52bn Canadian pension plan with an in-house private equity arm has followed in the footsteps of the Ontario’s Teachers’ Pension Plan and the Canada Pension Plan Investment Board by crossing the pond to source deals.
1 min read · 05 January 2013
New York firm SecondMarket says it has attracted more than $500m worth of secondaries for its new LP fund interest trading platform.
2 min read · 05 January 2013
The Canadian pension's negative returns of 19.5% in public markets and 13.7% in private equity were partially offset by gains of 11.5% in infrastructure and 6% in real estate. OMERS' assets are now valued at C$44bn, versus C$52bn at the end of 2007.
3 min read · 05 January 2013
