Australian underwear manufacturer Pacific Brands said takeover talks with parties including KKR have ended without an offer being made, according to Reuters. KKR made a buyout approach to Pacific Brands in January that local reports said could be worth $614 million. Reuters – Australian underwear manufacturer Pacific Brands (PBG.AX) said on Tuesday that takeover talks [...]

Filling some big boots, Richard Hall has been promoted to replace Steve LeBlanc as head of private equity for the $110 billion Texas Teachers’ Retirement System, confirmed Howard Goldman, the system’s director of communications. LeBlanc, an innovative private markets chief, is perhaps best known for steering giant separate account deals in which Texas Teachers’ committed $6 billion to Apollo and KKR.

Deal lawyer Chris Manderson offers some important tips PE firms should follow to avoid ending up in a situation like the one EIG Global Energy is dealing with at Chesapeake Energy Corp.

If you want to make it out of New York’s next wave of occupation, better listen to the Hub today: order in, avoid the next solar IPO, and save your money for when David Wells auctions off Babe Ruth’s old hat.

Could KKR, which has struck gold with natural gas deals, finally suffer because of its affiliation to Chesapeake?

KKR’s income from its share of investors’ profits and the fees it charges for its assets slumped in the first quarter.

Joseph Rice, chairman and founder of Clayton, Dubilier & Rice, plans to step down in June, according to press reports.

Kinder Morgan Energy Partners said Wednesday that it has agreed to buy 50% in a joint venture that owns the Altamont gathering, processing and treating assets, as well as the Camino Real Gathering System. The seller is KKR. Kinder Morgan is pay $300 million for the stake. The deal is expected to close at the [...]

This week saw the fewest number of deals so far this year, according to data from Thomson Reuters.

New Mountain makes its biggest bet ever on AmWINS