After eight years and a bout with bankruptcy, Heritage Partners has sold Skilled Healthcare to Onex Corp., realizing a roughly 3x return on the investment.
2 min read · 12 January 2013
Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.
2 min read · 12 January 2013
After roughly six months of negotiations with Goldner Hawn Johnson & Morrison, ShopKo has agreed to be acquired by Sun Capital Partners in an $877m deal.
2 min read · 12 January 2013
A final close for Kohlberg Kravis Roberts’s second European fund could be announced in the coming weeks, according to market sources. The fund is said to have corralled €4.5 billion in commitments.
2 min read · 12 January 2013
Michael Pilson of DuPont Capital Management talks to Robert Venes about the role of turnaround, restructuring and distressed funds in his firm’s private equity investment portfolio.
5 min read · 12 January 2013
The global investment bank’s private equity arm is reported to be planning a major strategic move into South Korea.
1 min read · 12 January 2013
Every private equity firm needs a strategy for China. Close ties with Hong Kong-based Investor Capital Partners is the centre piece of EQT's.
3 min read · 12 January 2013
Private equity is an apprenticeship business. When the apprentice works for a very private family office, it might be said that a sense of fiduciary duty is deeply, deeply instilled. Witness the many notable careers in the private investment industry that have emanated from the Bass brothers of Fort Worth, Texas. Robert Bass, in particular, has at one point or another been an employer of quite a cast of private equity characters. The industry ties to the Bass family are presented here, starting on the right hand side.
4 min read · 12 January 2013
Trumpeting what the firm describes as an overall 27% gross IRR, Kohlberg Kravis Roberts has wrapped up the fundraising for its second European vehicle, closing €1.5bn over target with the €4.5bn fundraise.
2 min read · 12 January 2013
Halifax booked a four-times equity return on its investment in Soil Safe.
2 min read · 12 January 2013