Bain Capital ends buyout talks with TI automotive

By Staff Report — 3 years ago

Private equity firm Bain Capital LLC has ended advanced talks with auto parts supplier TI Automotive Ltd over a possible buyout after failing to meet TI’s price expectations of close to $2 billion, according to people familiar with the matter, sister news service Reuters reported.

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PNC Spin-out’s $301M Fund III Beats Target

By Steve Gelsi — 4 years ago

Incline Equity Partners topped its target by more than $50 million in the middle-market firm’s first fundraising since spinning out of PNC Financial Services Group Inc in 2011. The Pittsburgh firm closed Incline Equity Partners III LP in August with $301.1 million in commitments.

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Apollo’s Fund VIII Hits $8.4B

By Steve Gelsi — 4 years ago

Apollo Global Management LLC has drawn $8.4 billion in commitments towards a $12 billion target for Apollo Investment Fund VIII LP, making the flagship fund the top money-raiser among U.S.-based sponsors tracked by Buyouts so far in 2013.

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Booming CLO Issuance Likely To Slow

By Steve Bills — 4 years ago

The first half of 2013 was the strongest ever for issuance of collateralized loan obligations, although the pace is likely to slacken for the rest of the year, according to the offshore fiduciary Appleby Global Group Services Ltd.

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Bain, TPG-Backed Quintiles Mulls IPO: Reuters

By Staff Report — 4 years ago

Quintiles Transnational Corp, a provider of contract research for the pharmaceutical and biotechnology industries, is speaking to banks about a potential initial public offering, writes Reuters. JPMorgan Chaseand Deutsche Bank are among the banks vying for a role, writes Reuters.

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