Private Equity

Abraaj poised to buy again after raising $375m

Financial Times (Free subscription) | 8 hours ago

The Middle East's largest private equity house has raised its capital by almost a third as it prepares a return to buying mode

OPTIMIZERx: OPTIMIZERx Engages Beringea LLC as Advising Partner for Growth

Market Wire (Free subscription) | 11/20/2009

ROCHESTER, MI (MARKET WIRE) OPTIMIZERx Corporation (OTCBB: OPRX) has engaged Beringea LLC, an investment banking and private equity firm, to assist in financial planning and strategic positioning for the company's continued growth.

Gartmore Plans IPO

Law Blog - WSJ.com (Free subscription) | 11/20/2009

The U.K. fund manager said it plans to list on the London Stock Exchange, heading a widely expected wave of initial public offerings of businesses owned by private-equity companies.

KKR shares gain after swinging to profit

Market Watch (Free subscription) | 11/20/2009

LONDON (MarketWatch) -- Shares in Kohlberg Kravis Roberts & Co. climbed 2.3% in early trading on the Amsterdam market after the private equity firm said late Thursday that it swung to a third-quarter profit and is seeing interesting investment opportunities. The firm closed a deal in October to buy its Amsterdam-listed fund and become a publicly traded company. KKR reported economic net income...

Rising portfolio value bolsters KKR

Financial Times (Free subscription) | 11/20/2009

The private equity group reported economic net income of $356m for the third quarter, underscoring the extent to which the sector has benefited from the rally in the stock and debt markets

Resilience Capital Partners Adds Mr. Steven Demetriou to Executive Committee and Board of Advisors

PR News Wire (Free subscription) | 11/19/2009

CLEVELAND, Nov. 19 /PRNewswire/ -- Resilience Capital Partners (www.resiliencecapital.com), a Cleveland-based private equity firm, has added Mr. Steven J. Demetriou as a member of its Executive Committee and its Board of Advisors. Steven J. Demetriou, since December 2004 has been the Chairman of the Board and Chief Executive Officer of Aleris International, Inc., an international aluminum company,...

Private Equity Hedge Fund Secondaries

iStockAnalyst.com (Free subscription) | 11/19/2009

Hedge Fund Secondary Market Private Equity Looks to Buy Illiquid Hedge Fund Stakes Private equity firms are among the potential investors in the hedge fund secondaries market. [More...]

• Private Equity Hedge Fund Secondaries - Hedge Fund Jobs

Blackstone unit pays $1.3bn for Birds Eye

Financial Times (Free subscription) | 11/19/2009

Blackstone is set to buy Birds Eye Foods in a $1.3bn deal that will see the US frozen food group merge with the private equity group's Pinnacle Foods

Thursday links: costless capital

Abnormal Returns (Free subscription) | 11/19/2009

When your cost of capital is 0% everything looks attractive. (Kid Dynamite also Big Picture) Be wary when a private equity firm looks to go public. (WSJ, Behind the Headlines) Using the Taylor Rule as a check on rate expectations. (Accrued Interest) One overlooked downside to Fed policy is the dearth of opportunities for yield investors like insurance [...]

Blackstone chomps on $1.3B deal for Birds Eye

BloggingStocks (Free subscription) | 11/19/2009

Filed under: Private equity , Blackstone Group L.P (BX) Controlled by the Blackstone Group ( BX ), Pinnacle Foods is a packaged foods company whose brands can be found in about 80% of the households in the U.S. The portfolio includes Duncan Hines baking mixes and frostings, Vlasic pickles and Swanson frozen dinners. Well, Pinnacle will get even bigger; that is, the company -- along with the financing...

WSJ: BX Eyes Birds-Eye For $1.3B

Stocks to Watch Today (Free subscription) | 11/19/2009

Private equity shop Blackstone Group (BX) is rumored to be in talks to acquire privately held Birds Eye Foods, the largest frozen vegetable maker, according to the “people familiar” with whom The Wall Street Journal’s Jeffrey McCracken has spoken. The deal, valued at $1.3 billion, writes McCracken, would actually fall [...]

Blackstone to buy Birds Eye for $1.3 billion: WSJ

Market Watch (Free subscription) | 11/19/2009

HONG KONG (MarketWatch) -- Frozen-vegetable company Birds Eye Foods is expected to be acquired by Pinnacle Brands Corp., a company owned by Blackstone Group LP , for more than $1.3 billion, The Wall Street Journal reported Thursday. The all-cash deal is expected to be announced as soon as Thursday, the report said, citing people familiar with the matter. The company is currently majority-owned by...

London Team 2012 filling their rich list

The Guardian (Free subscription) | 11/19/2009

• BMW named as London's automotive partner • Australia fearing Olympic inadequacy Team 2012 is making steady progress towards its target of belatedly filling the £25m funding gap that emerged post Beijing. Having earlier this year bagged Visa as its main sponsor in a £10m deal, the coalition between UK Sport, the London Organising Committee of the Olympic Games and the British...

Chinese Wind Power Plant Coming to U.S. Soil

SeekingAlpha.com (Free subscription) | 11/18/2009

John Lounsbury submits: Two days ago it was solar power panels . On Wednesday, A-Power Energy Generation Systems ( APWR ), a Chinese wind turbine maker, announced (see New York Times article by Kate Galbraith here ) plans to start construction of a wind turbine production plant somewhere in the U.S. next year. A-Power has signed an agreement with private equity firm US-REG (U.S. Renewable Energy Group)...

EMS Sale Just Adds to Onex's Coffers

SeekingAlpha.com (Free subscription) | 11/18/2009

Streetwise Blog submits: By Andrew Willis H ow much cash can Onex ( ONEXF.PK ) carry? The private equity pioneer put another $300 million (U.S.) into its coffers on Tuesday by selling 6 million shares in U.S. health care company Emergency Medical Services Corp., or EMS ( EMS ). Complete Story »

A search engine to locate investors for venture capital

Peter Brooke | 03/09/2009

The challenge of entrepreneurs with a new business idea to raise enough money to start up can be daunting. Enter Angelsoft, a company who has just unveiled a search engine specifically engineered to locate investors. The company Angelsoft makes software for investors that enables them to manage their workflow, and runs a website for investors and entrepreneurs. Angelsoft took into consideration the...

Jeff Nabers Videos Explaining True Diversification

kacyvale | 03/09/2009

Diversify Your Solo 401k and Decrease Portfolio Risk With Real Estate, Gold and Private Equity.

Chinese company shows interest for Hummer

trymi | 02/17/2009

It was reported awhile back that GM intended to sell its Hummer brand and lately a Chinese company and a private equity firm have showed interest. Joanne Krell, GM spokesperson would not comment on any possible buyers but established the fact that the review of the Hummer brand is ongoing.