SAIF Partners, a private equity firm focused on Greater China, has raised $1.1 billion for its second fund as an independent entity. The fund will also invest in Korea and India.
The Boca Raton, Florida-based turnaround private equity firm has closed its sixth fund on $6 billion – a 300 percent increase over its previous fund.
US media and communications specialist Veronis Suhler Stevenson has bought Amstar Entertainment for its platform company Southern Theatres as the group focuses on multiple acquisitions to build value.
Shares in BCE, a Canadian telecoms group, soared today following speculation that the Ontario Teachers’ Pension Plan is talking to potential private equity partners about a $45 billion buyout.
Kohlberg Kravis Roberts may yet face some serious competition for UK health and beauty chain Alliance Boots, after reports that Terra Firma and the Wellcome Trust are planning a rival bid.
Baring Vostok, the Russian buyout firm that recently closed a $1 billion fund, is reportedly planning to list portfolio company Volga Gas on London’s Alternative Investment Market at the end of April.
US private equity group Lone Star Funds said it plans to sell two South Korean companies in its portfolio, fuelling speculation that it is looking to withdraw from the country altogether following the government’s ongoing scrutiny of its investments in the region.
ING Investment Management, a pioneer in the Australian private equity fund-of-funds business, is poised to start fundraising for its fourth investment vehicle.
Buyout firm Bridgepoint Capital has emerged as the preferred bidder for UK-based Leeds Bradford Airport. Its offer, which according to reports is worth about £130 million, has trumped that of four other bidders.
Former Goldman Sachs partner Scott Gieselman joins Texas energy private equity specialist Natural Gas Partners as managing director.
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