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Yearly Archives: 2015
Two Chinese citizens including a former employee at private equity firm TPG Capital LP [TPG.UL] have agreed to pay $920,000 to resolve U.S. regulators' allegations they engaged in insider trading, Reuters reported.
First Read starts the morning with news that Pep Boys is moving to end its deal with Bridgestone after Carl Icahn's "superior" takeover bid, Puerto Rico is on the verge of a big default and New Year's Eve has been cancelled for most of Shanghai.
Pep Boys-Manny Moe & Jack (PBY.N) said its board determined activist investor Carl Icahn's latest buyout offer was superior to the deal it accepted from Bridgestone Corp (5108.T), and the U.S. auto parts retailer moved to terminate the Bridgestone agreement.
According the Sovereign Wealth Fund Institute, Norway has the most valuable sovereign wealth fund in the world. Its Global Government Pension Fund was launched in 1990 and has $824.9 billion in assets under management. The fund also collected the highest possible score on the Linaburg-Maduell Transparency Index, a measuring stick for transparency in operations and […]
Here are the key statistics in private equity fundraising, deals and exits for the fourth quarter of 2015. Download the “Buyouts Insider Q4 2015 Highlights” slide show as a PowerPoint: Buyouts Insider Q4 2015 Highlights
In Second Opinion, Deutsche Bank will reportedly sell its stake in Hua Xia for up to $4 billion, Valeant CEO Pearson takes a medical leave of absence and sorry Donald Trump but the latest Gallup poll reports that President Obama and Hillary Clinton are the most admired man and woman in America.
Law firm O’Melveny & Myers LLP has named partner Paul Scrivano as head of global M&A and private equity practice. Scrivano has advised on more than 100 public company M&A transactions.
This week's jobs include a vice president of private equity services at Silicon Valley Bank and an associate at Fortress Investment. Also, Neuberger Berman is searching for an investment strategist.
U.S. consulting firm Oliver Wyman and French bank Societe Generale will advise on the sale of four small Italian banks rescued last month, sources told Reuters.
Valentus Specialty Chemicals Inc, which is backed by Huron Capital, has acquired National Paint Industries. No financial terms were disclosed. Based in North Brunswick, New Jersey, NPI is a maker of specialty coatings used for residential and commercial flooring, industrial protective maintenance, pool, marine and other applications.