PEI Staff

Why are investors and bankers so interested in construction software? Just look up, advises peHUB guest columnist Garin Arevian of MHT Midspan.

Private equity firms generally hire very few recent college grads, but there’s one area of PE often missed by candidates: portfolio companies.

Venture capital firms are often engaging their own counsel to represent both their interests and be a partner to company counsel in often pressure-filled and sometimes complicated exits.

Private equity firms Advent International and Bain Capital, along with Danish pension fund ATP, agreed on March 24 to buy payment services company Nets Holding from a group of Nordic banks for 17 billion Danish crowns ($3.14 billion), Nets said in a statement.

The Canada Pension Plan Investment Board (CPPIB) has agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity firms, the first foray by the global deal-maker into the U.S. insurance business.

New Zealand’s Superannuation Fund on Friday said it would invest $250 million in North American gas and oil investments run by global private equity firm Kohlberg Kravis Roberts & Co, tripling its investment in the company as the state pension fund increases its exposure to private equity.

Canadian private equity investment firm Onex Corp said it would sell The Warranty Group, a provider of extended warranty contracts, to an affiliate of TPG Capital for an enterprise value of about $1.5 billion.

Venture capitalists, who are overwhelmingly male, would rather fund a handsome guy than any woman, regardless of the female entrepreneur’s attractiveness quotient. In case it makes you feel any better, ugly men fared about as well as women.

Philippe Schenk of Grove Street discusses the benefits of using private equity funds to diversify a portfolio, and by "PE" he means more than just large buyout funds.

Aston Martin, maker of the original cars driven by James Bond, is recalling 17,590 cars after a Chinese supplier used counterfeit plastic material in one of its parts.