Steve Gelsi
Silver Lake Co-Founder Glenn Hutchins doesn’t see the current economic recovery picking up any more steam, but he’s still bullish on the technology sector. Watch video of Hutchins' April 4 keynote address at the Buyouts East conference.
When it comes to the middle market, Marlin Equity Partners appears to be moving up in a big way with a $1.6 billion target for its latest buyout fund, Marlin Equity IV LP. If successful, the Hermosa Beach, Calif., private equity firm founded by deal maker David McGovern will nearly triple its current $1 billion in funds under management and move up a notch or two in the world of medium-sized shops.
Financial and private equity investors Icahn Enterprises, Apollo Global Management, First Reserve and SK Capital ranked among the top 10 acquirers among the major 2012 deals in the chemical sector, according to a new survey flagging brisk activity in the sector.
While the sale of the parent of the Chicago Tribune is drawing interest from Lee Mitchell of private equity firm Thoma Bravo LLC, a much smaller weekly paper in Boston plans to shut down for lack of a buyer.
Scott Nuttall, global head of capital and asset management at KKR & Co. LP, said the bull market run in the U.S. equity market could boost the marquee private equity firm’s prospects for selling its portfolio companies to strategic rivals.