Pangaea Capital Management intends to rescue troubled Asian businesses.
The detention of Byeon Yang Ho, head of Vogo, has created uncertainty over the Korean private equity firm's future.
European Capital, part of the US private equity firm American Capital, has invested €123m in the buyout of Avery Weigh-Tronix and €126m in the buyout of Farrow & Ball, the first two deals for its UK office, which opened last August.
The music retailer has changed top management for the third time in four years, and the new CEO says his main goal will be to sell the company.
Archie Norman, former grocer, politician and corporate turnaround specialist, set up a new investment company, Aurigo Management, last month. Robert Venes speaks to Norman about his latest venture.
Michael Gross, a founder and former senior partner of Apollo Management, has joined hedge fund Magnetar Capital as a senior partner, signaling Magnetar’s intention to focus on private equity investing.
Magic Mountain, the famed Los Angeles-area theme park, may soon be converted to a retail and residential development.
The Cleveland, Ohio-based firm’s microcap fund, which is targeting companies with EBITDA of less than $3m, has made four acquisitions in less than a month.
Blackstone and KKR are understood to be pursuing an interest in two retail units owned by GUS, despite a recent announcement by the UK retail group to demerge the businesses.
VNU, owned by a private equity consortium including KKR, Blackstone and Carlyle, plans to raise $1.67 billion of new debt to finance the acquisition.
pdi
pdi

Copyright PEI Media

Not for publication, email or dissemination