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(Reuters) – KPE (KKR.AS), Kohlberg Kravis Roberts & Co’s [KKR.UL] Amsterdam-listed fund reported a small increase in net asset value over the prior quarter, as it marked up the value of some of its investments. The fund, whose full name is KKR Private Equity Investors and which has investments in a number of KKR’s funds, […]
(Reuters) – Private equity firm Advent International is considering making a bid for heavily indebted British care-home operator Four Seasons Health Care, two sources with knowledge of the situation said on Friday. Advent International has hired Close Brothers (CBRO.L) to advise it on a possible bid, one of the sources said. Four Seasons’s property portfolio […]
Robert Flaherty has joined Behrman Capital as an operating partner, with a focus on the healthcare sector. He is the former CEO of Athena Diagnostics, which Behrman acquired and then sold to Fisher Scientific International for $283 million.
Mark Friedman has joined Evercore Partners as a senior managing director. He will serve as co-lead of Evercore's transportation advisory practice, and help launch a new shipping practice. Friedman had previously was with Bank of America Merrill Lynch.
LONDON (Reuters) – Private equity firm Advent International is considering making a bid for heavily indebted British care-home operator Four Seasons Health Care, two sources with knowledge of the situation said on Friday. Advent International has hired Close Brothers (CBRO.L) to advise it on a possible bid, one of the sources said. Four Seasons’s property […]
Stericycle Inc. (Nasdaq: SRCL) has agreed to acquire MedServe Inc. for $185 million in cash. MedServe is a Bellaire, Texas-based provider of medical and hazardous waste disposal and collection. It had been acquired in 2006 by Avista Capital Partners, Chrysalis Ventures and Murphree Venture Partners.
AMSTERDAM (Reuters) – Kohlberg Kravis Roberts & Co’s Amsterdam-listed fund, KPE (KKR.AS), on Friday reported a small increase in net asset value over the prior quarter, as it marked up the value of some of its investments. Amsterdam-listed KKR Private Equity Investors (KPE), which has investments in a number of KKR’s funds, said net asset […]
LONDON (Reuters) – Barclays Plc (BARC.L) is in talks to sell its asset management arm, Barclays Global Investors (BGI), for about $10 billion to potential bidders including U.S. money manager BlackRock (BLK.N), the Financial Times reported in its Friday edition. Citing people familiar with the matter, the paper said buying BGI would give BlackRock a […]
WASHINGTON (Reuters) – The U.S. agency that insures traditional pensions said on Thursday it would consider ending partnerships with BlackRock (BLK.N), Goldman Sachs (GS.N) and JPMorgan Chase (JPM.N) after questions were raised about the hiring process. The firms were hired under former Pension Benefit Guaranty Corp Director Charles Millard to manage real estate and private […]
LONDON (Reuters) – Asset manager Neuberger Berman has started fundraising for new private equity funds after the completion last week of an employee-led buyout from the wreckage of former owner Lehman Brothers (LEHMQ.PK). The New York-based money management firm said on Thursday it has started raising the 19th incarnation of the Crossroads fund of funds with […]
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