Tag:
TPG Capital
Latest Headlines
Latest Headlines
Secondary deals, dividend payments stoke controversy in private equity
Secondary deals are winner for much of the private equity deal supply chain. Sellers generate large profit. Buyers get to deploy capital that perhaps had gone unused. And the investment banks earn big fees for advising and lending. But this elaborate exercise of selling among themselves for a wide
Private equity firms to give up on RadioShack
Radio Shack hired Goldman Sachs (NYSE: GS ) back in March to explore strategic options. The most likely one, according to the conventional wisdom, was a sale to private equity firms ( private equity news).
Goldman Sachs has been running an auction of sorts, one that attracted some big na
Private equity comeback, part 2
When the Blackstone Group ( Blackstone Grou p news) and Thomas H. Lee Partners proposed a $15 billion deal for Fidelity National Information Services, the media trumpeted the deal, which people thought was a sure thing, as a sign that the private equity industry was back ( private equity n
Small private equity deals to thrive
When news broke that Blackstone Group, TPG Capital and THL Partners were in serious talks to buy Fidelity National Information Services for $15 billion, there was lots of talk that mega-deals were on the way back. Then the deal fell apart, and some people concluded that all that talk was prematur
Private equity rebounds, despite Fidelity blow up
It was the biggest deal that wasn't of 2010: Fidelity National was the target of an eye-catching $15 billion private equity-backed buyout attempt by Blackstone Group, Thomas H. Lee Partners and TPG Capital. The negotiations were leaked, as is usual, and the media quickly pronounced that big deals
The return of massive private equity deals
Bloomberg reports that the Blackstone Group, Thomas H. Lee Partners and TPG Capital are willing to pay more than $15 billion including debt for Fidelity National Information Services, which is a stunning price given the recent history of deals. The last private equity ( private equity news)
Private equity funds struggle with dry powder
We've been lamenting the iffy state of fund raising for hedge funds and private equity firms as of late ( private equity news). For private equity firms anyway, the other side of the shop, the deal-making side, is facing more uncertainty as well. Earlier this year, the industry was downright gi
TXU deal still stoking controversy
The TXU has been seen a symbol of a lot of things. Some saw it as a sign of a golden era in private equity ( private equity news). The industry tried hard to portray it as symbol of a new kind of cooperation between extreme capitalists and environmentalists. And now it seems to be a symbol of t
The return of the good old days of PIK bonds?
We've noted recently that some markets--discredited not too long ago--are enjoying a resurgence of sorts. The CDS and CDO markets have been on a mini-roll , that's for sure.
Business Week highlights another market that has similarly come storming back: The market for PIK bonds. This mig
Who will buy Barclay's iShares?
It was news when Barclays decided to sell its iShares unit, a pioneer in the exchange-traded funds business, to raise sorely needed cash. It has attracted a star-studded list of would-be buyers, the latest of which is Goldman Sachs, according to Reuters . Reportedly, there are some talks underw
