Vincenzo Morelli returns to the fray as TPG's new European operations pointman.
4 min read · 12 January 2013
Governor Schwarzenegger wants CalPERS to become a ‘defined-contribution’ plan. Is this a harbinger of the end of days for traditional public pensions in private equity?
4 min read · 12 January 2013
New York-based Paul Capital Partners has securitised most of the assets in a $300m drug-royalty fund.
1 min read · 12 January 2013
Harvest Partners takes money off the table in the $268m recapitalization of AMH Holdings, a manufacturer of exterior building products, less than one week after its acquisition of Levlad, a personal care products company.
2 min read · 12 January 2013
The co-founder of The Carlyle Group said at a Yale University private equity event that hedge funds currently enjoy advantages over private equity firms in offering financing to companies.
2 min read · 12 January 2013
Texas Pacific's quest to buy an Oregon electric utility has been hampered by politics, scandal and regulatory strife
3 min read · 12 January 2013
Private equity securitisation as a fundraising technique had all but disappeared from view. Then two collateralised debt obligations, SVG's Diamond and Tenzing from Invesco Private Capital, braved the market in 2004. Will there be others, asks Philip Borel
9 min read · 12 January 2013
In 2002, Guy Hands took his team of professionals at Nomura Principal Finance Group and spun out from the Japanese securities house. Since then, Terra Firma has raised a multi-billion Euro fund and been trawling Europe for assets. But for Hands there has also been the small matter of growing and managing the business. In January, Philip Borel stopped by the group's new home on the South Bank of the River Thames to ask how things were going
10 min read · 12 January 2013
George Soros announced he is handing over greater control of his $12.8b Soros Asset Management firm to his sons, and is spinning off his real estate, credit and private equity divisions.
1 min read · 12 January 2013
In their quest to find a few good private investments, the professionals of TA Associates make thousands of phone calls and visit hundreds of companies every year. They often arrive at appointments in a private jet flown by the firm's chief executive officer, Kevin Landry. David Snow profiles the industry's biggest proponent of cold calling, and perhaps the only licensed pilot to also manage a private equity megafund
10 min read · 12 January 2013