Private Equity
Milan’s Advanced Capital is carrying out the first phase of its global expansion plan.
2 min read · 04 January 2013
The beleaguered UK lender Bradford & Bingley has turned down an approach from investment firm Resolution. TPG's stake building remains the preferred complement to the mortgage group's rights issue.
1 min read · 04 January 2013
The buyout firm is reportedly weeks away from closing a deal for De La Rue’s cash systems division, whose products include ATMs, cash counting machines and related software.
1 min read · 04 January 2013
Mexican VC IGNIA’s first fund, targeting up to $75m, will seek to create social impact throughout Latin America without sacrificing returns.
2 min read · 04 January 2013
The European buyout firm is set to take a 25% stake in Evonik, a German state-backed conglomerate that also reportedly interested US mega-firms KKR, Bain and Blackstone.
1 min read · 04 January 2013
The mega-buyout firm has revealed it booked $8.9 billion in returned equity and profits for LPs last year, while also addressing the failure of Carlyle Capital and the decline of the leveraged buyout boom.
3 min read · 04 January 2013
US House Ways and Means Committee chairman Charles Rangel has again introduced a bill that would tax carried interest as personal income after dropping an identical provision last December.
2 min read · 04 January 2013
In Cinven's second deal of the day it is buying into the global growth in logistics helping Silverfleet to a return of 3.1x on its original investment in truck parts maker Jost World.
1 min read · 04 January 2013
The battle between a private equity consortium and oil giant Halliburton for the services business is drawing to a close as Candover and its team sweeten its agreed bid.
1 min read · 04 January 2013
CVC’s Germany head Steven Koltes has dismissed speculation in the financial press that it plans to sell the real estate division of Evonik, a German conglomerate in which it bought a 25 percent stake earlier this month.
1 min read · 04 January 2013