The US Senate passed legislation Thursday that would eliminate restrictions prohibiting private equity firms from publicly marketing their funds.
2 min read · 14 January 2013
Multiple industry sources agree Carlyle owners did nothing unusual in using the proceeds from a $500m loan primarily to pay themselves, but some have questioned Carlyle’s public description of the borrowings in 2010.
2 min read · 14 January 2013
Caiman Energy – which is backed by US fund managers EnCap Flatrock Midstream and Highstar Capital – is selling wholly owned gas gathering and processing subsidiary Caiman Eastern Midstream to Williams Partners, a master limited partnership focused on natural gas transportation.
2 min read · 15 January 2013
CVC's struggle with the heavy debt of portfolio company Nine Entertainment has prompted the firm to leave Australia, according to reports.
1 min read · 14 January 2013
Better than expected portfolio growth propelled John Laing Infrastructure Fund to success in its first year as a publicly-traded business. The fund garnered an additional £157m in capital.
1 min read · 15 January 2013
The opportunistic and distressed real estate investment firm has acquired an unfinished residential community in Tennessee, with an expected value of about $750 million, from the bankruptcy trustee.
2 min read · 14 January 2013
Silver Lake has added venture debt specialist and Lighthouse Capital Partners co-founder Rick Stubblefield to the oversight committee of its recently launched $75m fund.
1 min read · 14 January 2013
Metric Capital Partners has held a first close for its maiden debt fund after eight months on the road, about a third of the way to its €300m target.
2 min read · 14 January 2013
The biggest selling point of the UK government’s new pension initiative seems to be that it will allow schemes to invest in UK infrastructure paying no more than 0.5% in management fees.
2 min read · 15 January 2013
Providence Equity Partners’ $291m sale of Archipelago Learning to Thoma Bravo represents its second sizeable exit during the past few months and a much needed realisation as the firm tries to attract commitments for its next fund, targeting $6bn.
2 min read · 14 January 2013
