Index is again at the heart of a $1 billion exit demonstrating the viability of venture investing in Europe with its sale of open source database software business MySQL.
The European venture firm is backing two cash generative internet businesses, an open source ad server and a provider of real-time, personalised recommendations to millions of users of eCommerce websites.
The Howard Marks-led firm continues to steamroller through the credit crunch with another franchise expansion, the purchase of a passive stake in MTS Health Partners. Also made public today was the firm’s $438 million take-private bid for Ocwen Financial Services.
The co-investment firm is looking for extra exposure to the UK and European mid-market, which has proved popular with investors and managers alike.
The alternative investment giant’s $930 million purchase of GSO Capital, a leveraged finance-focussed alternative asset manager, assuages what Stephen Schwarzman called one of the firm’s big regrets: having years ago spun off BlackRock.
Shares in Blackstone and Fortress hit new lows today following analyst downgrades, while American Capital announced a $500m programme to repurchase shares trading below net asset value.
The 3-year old firm has closed the largest-ever private equity vehicle raised by a Utah-based buyout firm – though without participation of two founding managing directors, including former American football star Steve Young.
The Silicon Valley venture firm has more than doubled its capital under management with closure of its fourth fund.
Foreign private equity firms have been given clear investment guidance in China – not all of it easily palatable, writes Private Equity International's Andy Thomson.
The Middle East, North Africa and South Asia specialist has sold its 2005 investment in fast-growing Maktoob.com to a hedge fund.
The European buyout firm has made five internal promotions to secure talent in a more challenging environment for buying and selling businesses.
Two of the energy-focussed firm’s deal originators and a capital markets specialist have been promoted to director, as the firm continues to deploy capital from its $8 billion fund.
The US group's banks have fallen short of the financing needed to complete the $1.8bn buyout of PHH, a mortgage and leasing group, leaving Blackstone facing a potential $50m abort fee.
Amadeus Capital Partners' chief executive sees good cause for optimism for technology investors in 2008.
The buyout of vending machine business Gruppo Argenta by Cognetas and Investitori Associati marks the former’s first Italian deal since launching a Milan office in September 2006.