Trans World Entertainment has agreed to buy Sun Capital portfolio company Musicland out of bankruptcy. The company’s stay in Chapter 11 has reportedly been tainted by allegations of impropriety.
2 min read · 12 January 2013
Equafin, the lead investor in the formation of Flagship Credit Corporation, formerly had ties to New York-based Capital Z.
2 min read · 12 January 2013
European buyout firm Permira has announced the promotion of three partners and the retirement of two others.
2 min read · 12 January 2013
The Paris office of the global private equity firm has carried out the second recapitalisation of Parkeon Group.
2 min read · 12 January 2013
Before Steven Klinsky's New Mountain Capital makes an investment, it does a “deep dive” into the mass of data surrounding its industry of interest. This strategy mirrors Klinsky's own zeal for intelligence gathering and for making money from growth, not leverage. David Snow profiles one of Wall Street's smartest – and nicest – investors.
10 min read · 12 January 2013
Life as a listed private equity firm leaves you exposed to some unwelcome publicity – as 3i discovered when talk of it being a bid target surfaced in February.
7 min read · 12 January 2013
Mark Weisdorf, who took a Canadian pension from zero to $5 billion in private equity commitments, sees even bigger opportunities in infrastructure.
6 min read · 12 January 2013
Thanks to the surging profits of a nutrition supplement company, one of America's oldest private equity firms is still going strong.
6 min read · 12 January 2013
Private equity real estate firms add value—and earn their carry—by transforming property assets. PERE looks at three real-world examples. By Paul Fruchbom
10 min read · 12 January 2013
For the past thirteen years, Apollo senior partner Lee Neibart has helped build a real estate portfolio that extends from the five boroughs of New York City to the far-flung capitals of Eastern Europe. In his office high above Columbus Circle, Neibart recently sat down with PERE to talk about the evolution of Apollo, the significance of the Time Warner Center and his passion for politics. By Paul Fruchbom
10 min read · 12 January 2013
