Private Equity
The UK’s Railpen, Denmark’s PFA pension, and The Indiana Public Employees Retirement Fund were among the limited partners that committed to the fund of funds.
1 min read · 04 January 2013
The project, one of Blackstone’s first investments in renewables, would construct roughly 80 wind farms off the German island of Helgoland.
1 min read · 04 January 2013
Five US private equity firms reportedly remain in the running to acquire a stake in the mobile business unit of China’s Huawei Technologies
1 min read · 04 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 04 January 2013
Bowmark Capital has made four times its money from a consolidation play in the UK educational travel market. DLJ plans to take advantage of trends driving the market to outsourced travel providers.
2 min read · 04 January 2013
The Swiss group is opening an office in Germany, while AXA Private Equity is looking to grow its business with an office in Switzerland.
2 min read · 04 January 2013
Dubai International Capital has hired David Smoot to expand its private equity operations in North America. He brings with him a wealth of experience in investment banking, from advisory mandates to principal investing.
2 min read · 04 January 2013
GMR Infrastructure will purchase AIG’s 50 percent stake in power generation company InterGen, while Ontario Teachers’ will continue to hold the remainder of the company it purchased with AIG in 2005. The firms paid a combined $1.75bn to acquire InterGen two years ago.
1 min read · 04 January 2013
In the UK mid-market firm's second deal of the week, Phoenix is banking on an aggressive roll out of a restaurant chain to take the group from three to 30 sites.
2 min read · 04 January 2013
Rupert Murdoch’s News Corporation may receive $1.7bn in exchange for relinquishing majority control of publicly listed subsidiary NDS Group to the global private equity firm.
2 min read · 04 January 2013