New York-based Latin American Private Equity and Venture Capital Association disclosed that buyout and venture capital firms spent $7.9 billion on acquisition activities in Latin America last year as they benefited from fundraising to gain capital.
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Bids for Life Tech Explored by Equity Firms
Consortium of equity firms deliberating on whether to pursue purchase of Life Tech. A joint offer is being mulled for the purchase of Life Technologies Corp.
Firms Vie for Armacell
Few fund firms and banks remain in Armacell auction. After Goldman Sachs and Equistone pulled out of the race, only a few buyers are still in the hunt to land Armacell, the German insulation firm.
Lansdowne CEO to Retire in June
Lansdowne CEO Paul Ruddock to retire in June. One of the world's best known hedge fund managers, Lansdowne Partners has announced that its current CEO, Paul Ruddock will be retiring come June in order to focus on his charity work and arts interests.
Firms Plan HD Supply IPO
Fund managers prepare IPO of HD Supply. HD Supply is going public and many private equity firms are preparing for the IPO. This comes six years after the industrial distribution company was bought out of Home Depot Inc for a whopping US$8.
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Hellermann Tyton would be listed in the London Stock Exchange. Hellermann Tyton's business is the making of cabling products and has announced it would list at least 40% of its shares in the London Stock Exchange this March.
Gundlach now buying ten year Treasury Bills. One of the world's best fund managers, Jeffrey Gundlach took a 180 degree turn on government debt. He said he has purchased "more long-term Treasuries in the last month" compared to his purchases in the last four years.
It's a substantial shot in the arm and vote of confidence for these young startups It's a substantial shot in the arm and vote of confidence for these young startups.
MetroPCS faces pressure from P. Schoenfeld Asset Management, which owns about 2% of its shares, to update the merger documents with the Deustche Telekom AG's unit T-Mobile USA to reflect T-Mobile's earnings.
Private equity firm CVC is holding early talks with McCarthy & Stone's former chairman Alan Bowkett to decide on the bid for acquiring the UK's argest retirement home builder.
According to its CEO, Aabar would not increase its shareholdings in Arabtec. Investment fund Aabar is not seeking to increase its current 22% stake in Arabtec.
Agrium draws battle lines with hedge fund Jana Partners. Agrium the fertilizer maker is at war with its biggest shareholder Jana Partners when the Agrium criticized the plan of Jana to break up the company.
Shun Tak bond issue attracts investors from Asia and Europe. Shun Tak, the Macau conglomerate, issued its US$400 million seven year maturity bond in the hope that the issuance would re-open the market for unrated paper after the lunar new year break.
The buyout firm has recruited two specialists in addition to its Japan team ahead of closing its new pan-Asia fund worth $6 billion
