Private Equity
Sand Oak Capital LLC has become an affiliate of consulting and merchant banking firm Carl Marks & Co. It plans to invest money supplied in part by that firm to acquire and invest in small industrial, manufacturing and distribution companies in upstate New York and elsewhere across the Northeastern United States.
3 min read · 06 October 2014
UBM Plc, a British communications and events company, confirmed that it was in talks to acquire Advanstar, a private equity-backed trade show organizer in the United States.
1 min read · 22 September 2014
Buyout and mezzanine funds based in the United States have raised $136.3 billion in capital commitments from institutional investors through Aug. 5. Overall fundraising continues to outpace the amount raised this time last year, when buyout and mezzanine funds managed to collect $100.5 billion in commitments.
1 min read · 15 September 2014
Bain Capital is suing EY in a United States court, claiming that the auditing firm cost it roughly $60 million by advising it to invest in Lilliput Kidswear, a children’s clothing company in India.
2 min read · 13 June 2014
The chief of leveraged lending specialist GE Antares Capital, a unit of General Electric Co, sees more energy deals in the pipeline as mid-market sponsors seek out ways to boost returns through investments related to oil, natural gas and other fuels both in the United States and abroad.
2 min read · 12 June 2014
Permira Advisers said it closed Permira V with $7.2 billion in commitments, capping off a fundraising process that gained traction with positive economic signals in Europe and the United States and growing interest from LPs.
3 min read · 12 June 2014
Onex Corp’s credit wing plans to triple its assets under management to $10 billion by the end of 2017 from last year, driven by rapid expansion of collateralized loan obligations in the United States and Europe, the head of the unit said.
1 min read · 10 June 2014
Taiwan’s biggest pension fund has been doing better in recent years than the largest pension fund in the United States and seeks to keep its edge by boosting investments in alternative products and domestic equities.
2 min read · 10 June 2014
In this video from the PartnerConnect East conference in New York in March, Griffith Norville, a vice president at the advisory firm Hamilton Lane, talks about the regions that the firm favors (the United States still offers the best opportunities), the sectors it likes (mid-market buyouts are most attractive), the role of co-investments, and steps that GPs can take to improve their chances.
1 min read · 24 April 2014
Consultants never seem to be in short supply: In the United States alone, there are some 250,000 individual consultants and consulting firms with fewer than 20 employees, according to estimates by start-up Skillbridge. And beyond that, you have the thousands of consultants working at the McKinsey & Cos and Bain & Cos of the world.
2 min read · 24 March 2014
