Private Equity
1 min read · 17 March 2014
Red-hot institutional demand for U.S. leveraged loans has produced a string of aggressive deals for fashion retail companies, including an aggressive buyout financing backing buyout firm Sycamore Partners’s takeover of The Jones Group apparel company, sister service Thomson Reuters Loan Pricing Corp reported.
5 min read · 10 March 2014
Kohlberg Kravis Roberts & Co LP said it would liquidate two funds targeting individual investors, in a blow to the private equity firm’s efforts to widen its appeal beyond institutional investors such as pension funds and insurance firms, sister news service Reuters reported.
2 min read · 11 February 2014
Private equity firm KKR & Co LP said it would acquire National Vision Inc from buyout firm Berkshire Partners LLC in a bet that consumers would increasingly seek out the budget retailer’s low-price contact lenses and eyeglasses, sister news service Reuters reported.
1 min read · 07 February 2014
Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG and Russia’s VTB Capital, plans a stock market flotation in London before the end of next month, two financial market sources told sister news service Reuters.
1 min read · 24 January 2014
KKR & Co LP and Carlyle Group LP are competing for National Vision Inc, the fourth-largest U.S. retailer of eyeglasses and contact lenses, in an auction that could fetch up to $1 billion, people familiar with the matter told sister news service Reuters.
2 min read · 11 December 2013
British fashion and accessories retailer Cath Kidston and its private equity majority owner TA Associates have hired investment bank UBS to consider the firm’s strategic options which could include a sale or partial sale of the business, sister news service Reuters reported.
1 min read · 06 December 2013
Private equity-backed jewelry and accessories retailer Claire’s Inc. has filed with regulators to raise up to $100 million in an initial public offering of its common stock, according to sister news service Reuters.
1 min read · 20 May 2013
Oaktree Capital Group LLC said it is having little trouble raising billions for the investment firm’s real estate and emerging market and debt funds, but it is holding off on deploying capital in its distressed debt Oaktree Opportunities Fund IX LP.
3 min read · 07 May 2013
Up until recently, admission to the exclusive private equity club was limited to pension funds, endowments and the world’s richest families. But in March, The Carlyle Group announced it planned to lower its minimum commitment to a fund to as little as $50,000. The question for investors is: Now that you have greater access, do you want in?
8 min read · 25 March 2013