Private Equity
Mary Jo White has built an extensive record as a federal prosecutor and criminal defense attorney, but little in her background provides an indication how she will approach questions involving private equity if she becomes the chairwoman of the Securities and Exchange Commission. That said, she did play a prominent role in one portfolio company’s struggles.
3 min read · 29 January 2013
2 min read · 28 January 2013
2 min read · 28 January 2013
TSG Consumer Partners built a stellar track record by remaining true to its roots. For more than two decades, the firm never wavered from its focus on three core consumer segments: food and beverage, personal care and household products. That kind of single-mindedness has paid off with blockbuster investments in companies like VitaminWater, Smart Balance Foods, and Smashbox Cosmetics.
5 min read · 28 January 2013
Chicago Growth Partners seeks to build an international payments business by enabling micro-merchants to transact online across national borders, Devin Mathews, a managing partner, told Buyouts.
3 min read · 24 January 2013
Perhaps Providence Equity Partners Inc. and The Carlyle Group LP did well to get out before things got worse for portfolio company Open Solutions Inc. The buyout firms sold the beleagured bank-tech vendor on Monday to one of the industry’s leaders, Fiserv Inc., in a $1.015 billion deal.
2 min read · 16 January 2013
1 min read · 14 January 2013
The Carlyle Group LP appears to be accelerating a strategy of using the firm’s own balance sheet to grow through acquisition.With a clutch of deals at the end of 2012, the Washington, D.C., buyout mega-firm has swelled its assets under management to $170 billion, at least on a pro forma basis, to the extent that even experienced market watchers may have to look twice to distinguish Carlyle Group’s strategic acquisitions from targets for its private equity portfolio.
7 min read · 14 January 2013
3 min read · 14 January 2013
The Riverside Company has approached the midway point of its fundraising target for its sixth flagship buyout fund, a vehicle that is seeking as much as $1.5 billion, a source with knowledge of the Cleveland buyout shop’s activities told Buyouts.
2 min read · 07 January 2013