Members of the Soros Private Equity team have spun out of George Soros’ money management firm to form TowerBrook Capital Partners, a $1.3bn transatlantic private equity firm.
ISIS Equity Partners, led by Wol Kolade, will soon cease to be a captive operation – a move prompted less by a hunger for independence than a pragmatic view on hindering accounting rules, writes Jonn Elledge.
A good partner in private equity
Making private equity more efficient
Jack Welch doesn't need an introduction. One of America's most revered managers, he spent 20 years at the helm of General Electric, the gravitydefying conglomerate which under his tenure grew into the world's most valuable company. In 2001, Welch became a private equity executive when he joined Clayton, Dubilier & Rice as a special partner. Currently promoting his new book, entitled Winning*, he took time out in May to talk to Philip Borel about private equity's role in industry today.
The country's recent budget contained an important concession to the private equity industry. Expect to see increased numbers of foreign GPs checking in at Sydney airport.
David Stockman's deal legacy at Blackstone is stellar. But his own private equity fund has hit the skids.
Two major “yellow pages” exits show that timely investments in directory companies were good calls.
Although some will argue that the fund of fund phenomenon has yet to pass through an inevitable period of contraction, the impact they have already had in bringing private equity into the portfolios of previously untapped institutional investors has been huge. So how are they coping in today's tougher climate?
The Philadelphia private equity firm and the merchant banking arm of the investment bank Greenhill & Co. team up for another investment in the financial services industry, investing $40m for a minority stake in the specialty finance company.