Private Equity
The US’ largest labour union has issued a scathing report on buyouts, and challenged the private equity industry to reduce income inequality and ‘restore promise in the American Dream’ – prompting a response from the Private Equity Council.
3 min read · 03 January 2013
The US investment bank has raised $300m to invest in private equity secondaries.
2 min read · 03 January 2013
The TPG-led consortium has pulled out of the bidding for a minority stake in Alitalia as sources close to the deal blamed government regulation for making it impossible for the consortium to takeover the company.
2 min read · 03 January 2013
UK-based Coller Capital has closed a $4.5 billion secondaries fund, the biggest ever raised. The fund was nonetheless substantially over-subscribed.
2 min read · 03 January 2013
Buyout firm Gresham Private Equity has sold Penn Pharmaceuticals after increasing profits tenfold.
1 min read · 03 January 2013
Defense-focused private equity firm JF Lehman is set to acquire BAE Systems’ Inertial Products business for $140 million.
1 min read · 03 January 2013
Fund manager AMVESCAP is buying WL Ross & Co, a US alternative assets manager, to beef up its product line-up for its clients.
2 min read · 03 January 2013
Venture capital firm Octopus Investments invests £5 million in a novelty sweet manufacturer.
1 min read · 03 January 2013
European buyout firms CVC and PAI’s €12.8 billion bid for Spanish tobacco company Altadis surpasses Imperial Tobacco’s rival offer last month and could trigger a bidding war.
1 min read · 03 January 2013
US hedge fund DE Shaw is reportedly seeking to launch a private equity fund, as the lines between the hedge fund and private equity markets become ever more blurred.
1 min read · 03 January 2013