Brad Greenspan, the former head of Myspace.com parent Intermix Media, is suing the company and its former VC backers, VantagePoint Venture Partners, claiming he was unjustly squeezed out.
3 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
Distressed real estate investors in China have continually been disappointed by the government's stilted progress in selling off non-performing loans. Yet with China's entrance to the WTO looming, a concerted push to reform the country's banking system is underway—opportunities for NPL investors may soon follow. By Jack Rodman*
8 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
A recent distressed deal takes advantage of a little-used foreclosure method. By Aaron Lovell.
2 min read · 12 January 2013
As private equity firms increasingly invest in businesses with valuable real estate assets, the sale-leaseback is becoming an increasingly handy—and popular—financing tool. By Aaron Lovell
8 min read · 12 January 2013