Jennifer Harris

Conduit Capital Partners has sold three hydroelectric power plants in Mexico, the firm’s second successful exit this year from its 1999 vintage fund.

ACON Investments, Guggenheim Investment Management and West Coast Energy Partners have provided capital to enable Milagro Exploration to buy back Gulf Coast properties its founders once owned.

Increasing fund sizes and periods of heavy fundraising have historically correlated with decreasing returns, according to research presented by two prominent US scholars.

Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.

New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.

Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.

Fortress reported a loss of $38 million for the third quarter, though it managed to avoid subprime-related losses, raised revenue by 80 percent and grew private equity assets under management by 60 percent.

Blackstone reported a $113.2 million loss in the third quarter stemming largely from IPO-related costs. However, its president, Tony James, remained sanguine about the firm’s performance and its ability to shift focus amid credit market volatility affecting LBOs.

TPG-affiliate ACON Investments has completed its second exit from a Latin American supermarket chain, with the sale of GBarbosa to strategic buyer Cencosud.

Cerberus’ proposed $62 per share buyout of Affiliated Computer Services is the latest LBO to fall apart.