Blackstone Group LP is planning to create a hedge fund which will consist of the boldest trades from the third-party hedge funds it invests with, the Financial Times reported.

(Reuters) – Blackstone Group LP is […]

Private equity group HgCapital has put on ice a sale of Schleich, the German company that makes high-quality miniature animal figures and Smurfs toys, sources told Reuters.

(Reuters) – Private equity group […]

British buy-out firm 3i has agreed to work closely with major investment partners to buy into companies together, sidestepping the need to raise new funding in the short term, Reuters is reporting.

(Reuters) – […]

Bain Capital LLC has emerged as the last party standing in the race for Yankee Candle Co Inc, three people familiar with the matter said, making it likely that the largest scented candle maker in the United States […]

Alternative asset managers such as Blackstone Group and KKR have for decades scoured the stock market for undervalued companies, writes Reuters. Now they are trying to convince investors that shares in their own […]

General Lighting Co, a Saudi Arabian company part-owned by Carlyle Group, plans to sell its shares on the Saudi stock market, paving the way for the private equity firm to exit its stake, Reuters is […]

From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy, Reuters reports.

(Reuters) – From […]

Three well-known portfolio managers are to leave leave Denver asset management firm Janus Capital Group Inc, writes Reuters. The company said Ron Sachs, head of its Janus Twenty Fund and the Janus Forty Fund, […]

(Reuters) - Netscape founder-turned-venture-capitalist Marc Andreessen said the declining number of initial public offerings is hurting performance of public markets and would affect the millions of Americans who […]

(Reuters) – High-end sportswear brand Vince is close to filing for an initial public offering, according to two sources close to the situation.

Vince, owned by St. Louis-based fashion company Kellwood Co, which […]

(Reuters) – The special committee of Dell Inc’s board on Monday asked Carl Icahn for details of his plans for the computer maker, including how he would finance his offer and who would run the company.

Last […]

Partnership Assurance Group is to float on the London Stock Exchange, writes Reuters. Owned by private equity firm Cinven since 2008, the life insurer generated profit of 112 million pounds ($171.97 million)in […]

Investment firm Ares Management is to acquire AREA Property Partners, gaining the New York-based real estate investor’s US$6 billion in assets, the Wall Street Journal reported, citing people briefed on the […]

Alibaba Group, China’s largest e-commerce firm, will take a 28 percent stake in digital mapping company AutoNavi Holdings Ltd, part of Alibaba’s move to boost its competitveness by beefing up its product lineup, […]

The owners of Finnish mobile phone operator DNA and financial adviser UBS have launched a sale of the company which could be worth more than 1 billion euros ($1.3 billion), Reuters reported, citing three people […]

(Reuters) – Warburg Pincus LLC has secured $11.2 billion for its latest fund, one of the largest private equity funds raised since the global financial crisis, underscoring investor demand for high-return […]

Bob Geldof’s 8 Miles African private equity fund has made its first investment, backing a start-up company that plans to build commodity exchanges across Africa and improve food security, Reuters reported. The […]

(Reuters) – Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc’s biggest shareholders, have proposed an alternative to a $24.4 billion buyout deal led by founder Michael […]

Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc’s largest shareholders, have proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell, the Wall Street […]

U.S. private equity firm TPG Capital raised about $300 million by selling its roughly 10 percent stake in Indian commercial vehicle financier Shriram Transport Finance Co Ltd to India’s Piramal Group, generating a […]