Christopher Witkowsky
The NYSE-bound firm’s recent SEC filing reveals its fee income growth is driven primarily by more deal fees, while KKR continues to ‘confront’ investors on increased sharing of such fees.
David Loglisci, one of the central figures in a wide-ranging pension pay-to-play scandal, said he was instructed by 'senior officials' to only approve investment managers given the okay by political operative Hank Morris.
The firm has moved a private equity executive over to a newly formed unit that will focus on turnarounds, distressed debt, bankruptcy loans and rescue financing.
Landmark’s Fund XIV reached its goal of $1.5bn, but has not yet officially closed. The target was lowered from the fund’s initial offering of $2.4bn.
The planned closure of a Hugo Boss plant in Ohio has a labour union urging public pensions to ‘re-evaluate’ investing with the company's owner, Permira.
Apax, KKR and Hellman & Friedman were among the long-established firms taking top honours in the highly regarded Private Equity International Awards 2009.
Johnny Randel will lead the private equity advisor’s monitoring and reporting and financial activities from the firm's newly opened New York office.
European private equity firm Triton is buying healthcare platform Ambea for €850m.
The investors agreed to acquire SkillSoft, which provides Internet-based training for companies and governments. The deal includes $605m of debt financing.
The Los Angeles-based firm will pay $1m to the New York Common pension fund and has agreed to exit the placement business.