Private Equity
The former GM auto parts business will receive up to $3.4bn in financing from Cerberus, Appaloosa, Harbinger and other investors as the company emerges from bankruptcy protection.
2 min read · 11 January 2013
Led by its in-house direct investment team, the Canadian pension has agreed to purchase four North American container terminals from a Hong Kong seller.
1 min read · 11 January 2013
The Bahrain investment group raised $420m in London and boosted its profile with investors, while retaining its domestic quote.
1 min read · 11 January 2013
Nobuyoshi Yamanaka has been named an operating partner to help oversee Bain Capital’s growing Japan portfolio.
2 min read · 11 January 2013
According to London’s Evening Standard, the US secret service had its eye on private equity vet Ted Forstmann’s relationship with the British princess in the weeks before her death in 1997.
2 min read · 11 January 2013
The buyout of Nasdaq-listed Direct General is valued at approximately $628m.
2 min read · 11 January 2013
Altius Associates, a UK private equity gate keeper, has hired Michael Russell, the former managing director for PCG’s European business, as partner and head of Europe.
1 min read · 11 January 2013
Three firms have raised the bar with a double telecom deal, buying two assets in a single transaction for €1.2bn with a record debt package of €750m.
2 min read · 11 January 2013
The global private equity firm has appointed a new CEO, Javier Gavilan, to lead casual dining restaurant chain Grupo La Mansion as the firm brings its Latin American investments for the year to a total of $900m.
2 min read · 11 January 2013
Veronis Suhler Stevenson, a media specialist, has completed a merger and an acquisition for a portfolio company in financial information services to create a business with revenues of $100m.
1 min read · 11 January 2013