The Boston-based firm has announced 18 new institutional investors, five years after closing a $90m predecessor fund.
$401 billion raised worldwide – buyout alone accounts for $204 billion. Private Equity Intelligence’s 2007 Global Fundraising Review reveals the success that private equity firms had in raising new funds in 2006.
Dubai International Capital has withdrawn its proposed £450 million bid for Liverpool, English football’s most successful club side, after the board failed to agree to the terms of its buyout offer.
The firm will retain Phillips Investment Resources’ existing management team, led by John Coyle, the company’s president, and Thomas Phillips, its chairman.
The UK venture firm has joined in a fresh round of funding of Plastic Logic, a flexible display developer it seeded, to build a factory.
The global private equity firm has offered to acquire EGL, a Houston-based transportation and logistics company that is 18 percent owned by its founder.
The Private Equity Council will be based in Washington DC and led by Douglas Lowenstein, currently the head of the video game industry association.
The DLJ spinout has made plans to add to its long list of media-related investments with an agreement to purchase Minneapolis, Minnesota’s Star Tribune.
New Jersey-based firm GSC Group has closed its third control-oriented fund on $530m.
The $550m SunTelephone acquisition represents Bain Capital’s second Asian deal, as the Boston firm preps a dedicated fund for the region and names a high-profile local professional.